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Hollywood Bowl Group (LSE:BOWL) Effective Interest Rate on Debt % : 5.60% (As of Sep. 2023)


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What is Hollywood Bowl Group 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. Hollywood Bowl Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was £10.8 Mil. Hollywood Bowl Group's average total debt for the quarter that ended in Sep. 2023 was £193.2 Mil. Therefore, Hollywood Bowl Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 5.60%.


Hollywood Bowl Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Hollywood Bowl Group'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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Hollywood Bowl Group Effective Interest Rate on Debt % Chart

Hollywood Bowl Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 7.62 4.84 4.86 5.46

Hollywood Bowl Group Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.95 4.82 5.12 5.29 5.60

Competitive Comparison of Hollywood Bowl Group's Effective Interest Rate on Debt %

For the Leisure subindustry, Hollywood Bowl Group'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.


Hollywood Bowl Group's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hollywood Bowl Group's Effective Interest Rate on Debt % falls into.



Hollywood Bowl Group Effective Interest Rate on Debt % Calculation

Hollywood Bowl Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -10.445/( (188.369+194.205)/ 2 )
=-1  *  -10.445/191.287
=5.46 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=176.812 + 11.557
=188.369

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=181.652 + 12.553
=194.205

Hollywood Bowl Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -10.824/( (192.279+194.205)/ 2 )
=-1  *  -10.824/193.242
=5.60 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.369 + 11.91
=192.279

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=181.652 + 12.553
=194.205

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


Hollywood Bowl Group  (LSE:BOWL) Effective Interest Rate on Debt % Explanation

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


Hollywood Bowl Group Effective Interest Rate on Debt % Related Terms

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Hollywood Bowl Group (LSE:BOWL) Business Description

Traded in Other Exchanges
Address
Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW
Hollywood Bowl Group PLC is a ten-pin bowling operator across the United Kingdom under the Hollywood Bowl, Splitsville and Puttstars brands. The company specializes in operating bowling centres, located on out of town multi-use leisure parks and large retail parks with all of the centres occupied by the company on a leasehold basis. The centres are designed to offer a complete family entertainment experience with each centre offering bowling lanes, on-site dining, licensed bars, and family games arcades. The company has two reporting segments, being the provision of ten-pin bowling and mini-golf centres in the United Kingdom which generates the majority of the revenue, and the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada.