L'Oreal (L'Oreal) Effective Interest Rate on Debt % : 3.21% (As of Dec. 2023)

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What is L'Oreal 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. L'Oreal's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $323 Mil. L'Oreal's average total debt for the quarter that ended in Dec. 2023 was $10,059 Mil. Therefore, L'Oreal's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.21%.

L'Oreal Effective Interest Rate on Debt % Historical Data

The historical data trend for L'Oreal'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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L'Oreal Effective Interest Rate on Debt % Chart

L'Oreal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.22

3.57

1.06

1.24

3.23

L'Oreal Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.15	0.38	1.85	2.10	3.21

Competitive Comparison of L'Oreal's Effective Interest Rate on Debt %

For the Household & Personal Products subindustry, L'Oreal'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.

L'Oreal's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, L'Oreal's Effective Interest Rate on Debt % distribution charts can be found below:

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

L'Oreal Effective Interest Rate on Debt % Calculation

L'Oreal'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 * -249.618	/	( (5986.016	+	9478.735)	/ 2 )
=	-1 * -249.618	/	7732.3755
=	3.23 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4482.097	+	1503.919
=	5986.016

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6696.619	+	2782.116
=	9478.735

L'Oreal'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -323.228	/	( (10638.678	+	9478.735)	/ 2 )
=	-1 * -323.228	/	10058.7065
=	3.21 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4785.157	+	5853.521
=	10638.678

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6696.619	+	2782.116
=	9478.735

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

L'Oreal (OTCPK:LRLCY) Effective Interest Rate on Debt % Explanation

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

L'Oreal Effective Interest Rate on Debt % Related Terms

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L'Oreal (L'Oreal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » L'Oreal SA (OTCPK:LRLCY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LRLCF:USA OR N:Mexico ORp:UK 0NZM:UK OR:France LOR:Germany LOR:Germany LOR:Germany LOR:Germany OR:Austria

Address

41, Rue Martre, Clichy Cedex, Paris, FRA, 92117

Website

https://www.loreal.com

Founded in 1909, L'Oreal has grown into the largest beauty company in the world, participating in categories including skincare (40% of 2022 sales), makeup (20%), haircare (27%), fragrance (9%), and sanitary products (4%). The firm also has a diversified geographic footprint, generating 32% of sales in its home market of Western Europe, 25% from North America, 19% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oreal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancome, Yves Saint Laurent, Maybelline, Kiehl's, L'Oreal Paris, Kerastase, CeraVe, Garnier, and Armani.

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