Travelite Holdings (SGX:BCZ) Effective Interest Rate on Debt % : 4.35% (As of Sep. 2023)

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What is Travelite Holdings 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. Travelite Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was S$1.53 Mil. Travelite Holdings's average total debt for the quarter that ended in Sep. 2023 was S$35.08 Mil. Therefore, Travelite Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.35%.

Travelite Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Travelite Holdings'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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Travelite Holdings Effective Interest Rate on Debt % Chart

Travelite Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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2.87

3.80

2.53

2.40

3.14

Travelite Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	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															2.29	2.46	2.57	3.63	4.35

Competitive Comparison of Travelite Holdings's Effective Interest Rate on Debt %

For the Department Stores subindustry, Travelite Holdings'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.

Travelite Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Travelite Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Travelite Holdings Effective Interest Rate on Debt % Calculation

Travelite Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -1.105	/	( (34.499	+	35.864)	/ 2 )
=	-1 * -1.105	/	35.1815
=	3.14 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.812	+	9.687
=	34.499

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.698	+	14.166
=	35.864

Travelite Holdings'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 * -1.526	/	( (35.864	+	34.288)	/ 2 )
=	-1 * -1.526	/	35.076
=	4.35 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.698	+	14.166
=	35.864

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.915	+	14.373
=	34.288

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.

Travelite Holdings (SGX:BCZ) Effective Interest Rate on Debt % Explanation

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

Travelite Holdings Effective Interest Rate on Debt % Related Terms

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Travelite Holdings (SGX:BCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Travelite Holdings Ltd (SGX:BCZ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

53 Ubi Avenue 3, Travelite Building, Singapore, SGP, 408863

Website

https://www.etravelite.com

Travelite Holdings Ltd markets, sell and distribute a wide range of merchandise through different distribution channels catering mainly to the travel, business, and lifestyle needs of consumers. The company's merchandise is categorized as Bags and Travel Essentials organized into travel, business, and urban lifestyle range. It carries a comprehensive range of luggage and travel bags which include trolley luggage, garments including menswear, ladies' fashion, and other travel-related accessories; and other travel bags available in both hard and soft form which can be hand-carried or checked-in for air travel. Business range bags include a pilot case, document bag, laptop computer bag, or backpack with a padded laptop computer and organizer compartment.

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