Bjorn Borg AB (FRA:6BB0) Effective Interest Rate on Debt % : 29.10% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Bjorn Borg AB 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. Bjorn Borg AB's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €2.30 Mil. Bjorn Borg AB's average total debt for the quarter that ended in Mar. 2024 was €7.92 Mil. Therefore, Bjorn Borg AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 29.10%.

Bjorn Borg AB Effective Interest Rate on Debt % Historical Data

The historical data trend for Bjorn Borg AB'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.

Bjorn Borg AB Effective Interest Rate on Debt % Chart

Bjorn Borg AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.70

2.96

3.41

3.76

9.72

Bjorn Borg AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.03	11.19	1.17	8.46	29.10

Competitive Comparison of Bjorn Borg AB's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Bjorn Borg AB'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.

Bjorn Borg AB's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bjorn Borg AB's Effective Interest Rate on Debt % falls into.

Bjorn Borg AB Effective Interest Rate on Debt % Calculation

Bjorn Borg AB'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 * -0.547	/	( (7.427	+	3.831)	/ 2 )
=	-1 * -0.547	/	5.629
=	9.72 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.946	+	4.481
=	7.427

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.277	+	1.554
=	3.831

Bjorn Borg AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -2.304	/	( (3.831	+	12.003)	/ 2 )
=	-1 * -2.304	/	7.917
=	29.10 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.277	+	1.554
=	3.831

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.088	+	9.915
=	12.003

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

Bjorn Borg AB (FRA:6BB0) Effective Interest Rate on Debt % Explanation

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

Bjorn Borg AB Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Bjorn Borg AB's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bjorn Borg AB (FRA:6BB0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bjorn Borg AB (FRA:6BB0) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BORG:Sweden

Address

Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70

Website

https://www.bjornborg.com

Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

Bjorn Borg AB (FRA:6BB0) Headlines

No Headlines