Gym Group (The) (CHIX:GYML) Effective Interest Rate on Debt % : 5.43% (As of Dec. 2023)

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What is Gym Group (The) 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. Gym Group (The)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £22.0 Mil. Gym Group (The)'s average total debt for the quarter that ended in Dec. 2023 was £404.9 Mil. Therefore, Gym Group (The)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.43%.

Gym Group (The) Effective Interest Rate on Debt % Historical Data

The historical data trend for Gym Group (The)'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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Gym Group (The) Effective Interest Rate on Debt % Chart

Gym Group (The) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.64

4.16

4.51

3.97

5.23

Gym Group (The) Semi-Annual Data
	Dec13	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															4.48	4.18	3.74	5.00	5.43

Competitive Comparison of Gym Group (The)'s Effective Interest Rate on Debt %

For the Leisure subindustry, Gym Group (The)'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.

Gym Group (The)'s Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gym Group (The)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Gym Group (The)'s Effective Interest Rate on Debt % falls into.

Gym Group (The) Effective Interest Rate on Debt % Calculation

Gym Group (The)'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 * -21.4	/	( (420.4	+	398.1)	/ 2 )
=	-1 * -21.4	/	409.25
=	5.23 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	395.1	+	25.3
=	420.4

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	369.5	+	28.6
=	398.1

Gym Group (The)'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 * -22	/	( (411.7	+	398.1)	/ 2 )
=	-1 * -22	/	404.9
=	5.43 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	384.1	+	27.6
=	411.7

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	369.5	+	28.6
=	398.1

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.

Gym Group (The) (CHIX:GYMl) Effective Interest Rate on Debt % Explanation

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

Gym Group (The) Effective Interest Rate on Debt % Related Terms

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Gym Group (The) (CHIX:GYML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gym Group (The) PLC (CHIX:GYMl) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GYYMF:USA GYM:UK 4GY:Germany

Address

12-16 Addiscombe Road, 5th Floor, OneCroydon, Croydon, GBR, CR0 0XT

Website

https://www.tggplc.com

Gym Group (The) PLC provides low-cost, 24/7 health and fitness facilities across the United Kingdom. The company offers flexible no-contract gym memberships, and it also ensures that all its sites have easy-access parking or are close to transportation hubs. The facilities include a wide variety of equipment as well to deliver value-for-the-money for its members. It generates the majority of its revenue from Membership income.

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