Sears Holdings (Sears Holdings) Effective Interest Rate on Debt % : 15.71% (As of Oct. 2018)

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What is Sears 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. Sears Holdings's annualized positive value of Interest Expense for the quarter that ended in Oct. 2018 was $712.00 Mil. Sears Holdings's average total debt for the quarter that ended in Oct. 2018 was $4,531.50 Mil. Therefore, Sears Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2018 was 15.71%.

Sears Holdings Effective Interest Rate on Debt % Historical Data

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

Sears Holdings Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Effective Interest Rate on Debt %

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5.67

6.31

7.06

8.15

9.02

Sears Holdings Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Oct19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.80	13.41	13.89	15.71	-

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

For the Department Stores subindustry, Sears 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.

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

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

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

Sears Holdings Effective Interest Rate on Debt % Calculation

Sears Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2017 )	+	Total Debt (A: Jan. 2018 ))	/ count )
=	-1 * -396	/	( (4398	+	4379)	/ 2 )
=	-1 * -396	/	4388.5
=	9.02 %

where

	Total Debt (A: Jan. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3808	+	590
=	4398

	Total Debt (A: Jan. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2496	+	1883
=	4379

Sears Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2018 )	+	Total Debt (Q: Oct. 2018 ))	/ count )
=	-1 * -712	/	( (5301	+	3762)	/ 2 )
=	-1 * -712	/	4531.5
=	15.71 %

where

	Total Debt (Q: Jul. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3851	+	1450
=	5301

	Total Debt (Q: Oct. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2203	+	1559
=	3762

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 (Oct. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sears Holdings (NAS:SHLDW) Effective Interest Rate on Debt % Explanation

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

Sears Holdings Effective Interest Rate on Debt % Related Terms

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Sears Holdings (Sears Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sears Holdings Corp (NAS:SHLDW) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

3333 Beverly Road, Hoffman Estates, IL, USA, 60179

Website

http://www.searsholdings.com

Sears Holdings Corporation is an America-based retailer that integrates the digital and physical shopping experiences for consumers. The company operates through retail store brands Sears and Kmart. Sears provides a broad range of home merchandise, apparel, automotive products and home services through both online and offline channels across the United States, and it owns proprietary brands, including Kenmore, Craftsman, and DieHard. Kmart is a mass merchandising firm, offering quality products to customers through exclusive brands. The majority of the company's revenue comes from the domestic market.