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Industria De Diseno Textil (Industria De Diseno Textil) Effective Interest Rate on Debt % : 9.33% (As of Jan. 2024)


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What is Industria De Diseno Textil 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. Industria De Diseno Textil's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $562 Mil. Industria De Diseno Textil's average total debt for the quarter that ended in Jan. 2024 was $6,024 Mil. Therefore, Industria De Diseno Textil's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 9.33%.


Industria De Diseno Textil Effective Interest Rate on Debt % Historical Data

The historical data trend for Industria De Diseno Textil'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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Industria De Diseno Textil Effective Interest Rate on Debt % Chart

Industria De Diseno Textil Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 1.99 1.76 2.42 4.81

Industria De Diseno Textil Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.06 3.13 3.45 3.71 9.33

Competitive Comparison of Industria De Diseno Textil's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Industria De Diseno Textil'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.


Industria De Diseno Textil's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Industria De Diseno Textil's Effective Interest Rate on Debt % falls into.



Industria De Diseno Textil Effective Interest Rate on Debt % Calculation

Industria De Diseno Textil's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -295.207/( (6030.173+6251.634)/ 2 )
=-1  *  -295.207/6140.9035
=4.81 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4381.466 + 1648.707
=6030.173

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4678.649 + 1572.985
=6251.634

Industria De Diseno Textil's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -562.092/( (5797.254+6251.634)/ 2 )
=-1  *  -562.092/6024.444
=9.33 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4186.906 + 1610.348
=5797.254

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4678.649 + 1572.985
=6251.634

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Industria De Diseno Textil  (OTCPK:IDEXY) Effective Interest Rate on Debt % Explanation

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


Industria De Diseno Textil Effective Interest Rate on Debt % Related Terms

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Industria De Diseno Textil (Industria De Diseno Textil) Business Description

Address
Edificio Inditex, Avenida de la Diputación, Arteixo, ESP, 15142
Inditex is a multibrand fashion conglomerate, founded in 1985. Zara is its flagship brand (including Zara Home), generating just over 70% of revenue and 75% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through 5,800-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 20% and 14%, respectively. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.

Industria De Diseno Textil (Industria De Diseno Textil) Headlines

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