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Haverty Furniture (Haverty Furniture) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Haverty Furniture Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Haverty Furniture's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. Haverty Furniture's average total debt for the quarter that ended in Dec. 2023 was $219.2 Mil. Therefore, Haverty Furniture's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Haverty Furniture Effective Interest Rate on Debt % Historical Data

The historical data trend for Haverty Furniture's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Haverty Furniture Effective Interest Rate on Debt % Chart

Haverty Furniture Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Haverty Furniture Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Haverty Furniture's Effective Interest Rate on Debt %

For the Home Improvement Retail subindustry, Haverty Furniture's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Haverty Furniture's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Haverty Furniture's Effective Interest Rate on Debt % falls into.



Haverty Furniture Effective Interest Rate on Debt % Calculation

Haverty Furniture's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (221.287+217.754)/ 2 )
=-1  *  0/219.5205
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=186.845 + 34.442
=221.287

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.397 + 37.357
=217.754

Haverty Furniture's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (220.679+217.754)/ 2 )
=-1  *  0/219.2165
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=182.298 + 38.381
=220.679

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.397 + 37.357
=217.754

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Haverty Furniture  (NYSE:HVT) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Haverty Furniture Effective Interest Rate on Debt % Related Terms

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Haverty Furniture (Haverty Furniture) Business Description

Traded in Other Exchanges
Address
780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.
Executives
John Linwood Gill officer: Vice President, Operations 780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30157
Rawson Jr Haverty director, officer: Senior Vice President
Vicki R Palmer director PO BOX 723040, ATLANTA GA 30339
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Richard B Hare officer: Executive Vice President & CFO CARMIKE CINEMAS INC, 1301 FIRST AVENUE, COLUMBUS GA 31901
Clarence H Smith director, officer: President & CEO 780 JOHNSON FERRY RD., SUITE 800, ATLANTA GA 30342
Steven G Burdette officer: Senior Vice President
Jenny H Parker officer: Vice Pres., Secy. & Treas.
Michael R Cote director 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Kelly Allen Fladger officer: SVP, Chief HR Officer 780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30342
Alfredo Trujillo director
J Edward Clary officer: Chief Information Officer
Derek Gordon Schiller director 780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30342
G. Thomas Hough director P.O. BOX 407, LAKELAND FL 33802
Helen Berry Bautista officer: Vice President, Marketing 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342

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