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Portmeirion Group (Portmeirion Group) Effective Interest Rate on Debt % : 11.30% (As of Dec. 2023)


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What is Portmeirion 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. Portmeirion Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $2.8 Mil. Portmeirion Group's average total debt for the quarter that ended in Dec. 2023 was $24.9 Mil. Therefore, Portmeirion Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 11.30%.


Portmeirion Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Portmeirion 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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Portmeirion Group Effective Interest Rate on Debt % Chart

Portmeirion Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 3.95 3.61 5.77 10.65

Portmeirion Group 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 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 3.72 2.67 8.47 7.00 11.30

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

For the Furnishings, Fixtures & Appliances subindustry, Portmeirion 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.


Portmeirion Group's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Portmeirion Group's Effective Interest Rate on Debt % distribution charts can be found below:

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



Portmeirion Group Effective Interest Rate on Debt % Calculation

Portmeirion Group'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  *  -2.295/( (22.071+21.038)/ 2 )
=-1  *  -2.295/21.5545
=10.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.3 + 12.771
=22.071

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.637 + 12.401
=21.038

Portmeirion Group'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  *  -2.81/( (28.704+21.038)/ 2 )
=-1  *  -2.81/24.871
=11.30 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.912 + 19.792
=28.704

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.637 + 12.401
=21.038

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


Portmeirion Group  (OTCPK:POTMF) Effective Interest Rate on Debt % Explanation

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


Portmeirion Group Effective Interest Rate on Debt % Related Terms

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Portmeirion Group (Portmeirion Group) Business Description

Traded in Other Exchanges
Address
London Road, Stoke-on-Trent, GBR, ST4 7QQ
Portmeirion Group PLC offers ceramic homeware products like tableware, cookware, giftware, and tabletop accessories. The group operates under two reportable segments - PUK and North America. Its ceramic line of business offers products under different brands which include Portmeirion, Spode, Royal Worcester, and Pimpernel. The company operates in the United Kingdom and the United States and has a distributor network across South Korea, India, Taiwan, and Thailand. It sells products through its own retail shops and websites. Majority of the revenues are derived from the United States.

Portmeirion Group (Portmeirion Group) Headlines

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