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Core-Mark Holding Co (Core-Mark Holding Co) Effective Interest Rate on Debt % : 1.60% (As of Jun. 2021)


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What is Core-Mark Holding Co 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. Core-Mark Holding Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2021 was $10 Mil. Core-Mark Holding Co's average total debt for the quarter that ended in Jun. 2021 was $600 Mil. Therefore, Core-Mark Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 was 1.60%.


Core-Mark Holding Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Core-Mark Holding Co'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.

* Premium members only.

Core-Mark Holding Co Effective Interest Rate on Debt % Chart

Core-Mark Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.39 2.87 2.88 1.79

Core-Mark Holding Co Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 2.09 1.50 1.40 2.18 1.60

Competitive Comparison of Core-Mark Holding Co's Effective Interest Rate on Debt %

For the Food Distribution subindustry, Core-Mark Holding Co'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.


Core-Mark Holding Co's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Core-Mark Holding Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Core-Mark Holding Co's Effective Interest Rate on Debt % falls into.



Core-Mark Holding Co Effective Interest Rate on Debt % Calculation

Core-Mark Holding Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -10.5/( (603.4+572.4)/ 2 )
=-1  *  -10.5/587.9
=1.79 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=555.5 + 47.9
=603.4

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=524.2 + 48.2
=572.4

Core-Mark Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2021 )+Total Debt  (Q: Jun. 2021 ))/ count )
=-1  *  -9.6/( (565.8+634.3)/ 2 )
=-1  *  -9.6/600.05
=1.60 %

where

Total Debt  (Q: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=532.6 + 33.2
=565.8

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=602.9 + 31.4
=634.3

* 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 (Jun. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Core-Mark Holding Co  (NAS:CORE) Effective Interest Rate on Debt % Explanation

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


Core-Mark Holding Co Effective Interest Rate on Debt % Related Terms

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Core-Mark Holding Co (Core-Mark Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1500 Solana Boulevard, Suite 3400, Westlake, TX, USA, 76262
Core-Mark Holding Co Inc is a wholesale distributor to the convenience retail industry in North America, providing sales, marketing, distribution, and logistics services to customers across the United States and Canada. The company offers customers a wide range of branded and private label products including cigarettes, food, candy, health and beauty products, and beverages. Geographically, it generates a majority of its revenue from the United States.
Executives
Christopher M Miller officer: Senior VP & CFO 200 FOURTH ST OAKLAND CA 94607
Scott E Mcpherson director, officer: President and CEO 395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080
Alan T Thomas officer: SVP, Western Divisions 395 OYSTER POINT BLVD SUITE 415 SOUTH SAN FRANCISCO CA 94080
Jennifer Hulett officer: Senior VP and Chief HR Officer 1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Christopher M Murray officer: SVP - Marketing 1500 SOLANA BLVD SUITE 3400 WESTLAKE TX 76262
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Stuart W Booth director C/O CENTRAL GARDEN & PET CO, 3697 MT DIABLO BLVD STE 310, LAFAYETTE CA 94549
David Jackson Lawrence officer: VP - Treasury & IR 1500 SOLANA BLVD BUILDING 3, SUITE 3400 WESTLAKE TX 76262
Jordana Daryl Kammerud officer: Senior VP and Chief HR Officer ONE RIVERFRONT PLAZA, CORNING NY 14831
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Christopher Hobson officer: Senior VP US Distribution East 395 OYSTER POINT BLVD. SOUTH SAN FRANCISCO CA 94080
William Stein officer: Senior VP Enterprise Growth 395 OYSTER POINT BLVD SOUTH SAN FRANCISCO CA 94080
Eric Rolheiser officer: President - Canada Operations 395 OYSTER POINT BLVD. SUITE 415 SOUTH SAN FRANCISCO CA 94080
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Harvey L Tepner director 395 OYSTER POINT BLVD., SUITE 415, SAN FRANCISCO CA 94080