Vintage Wine Estates (Vintage Wine Estates) Effective Interest Rate on Debt % : 7.09% (As of Mar. 2024)

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What is Vintage Wine Estates 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. Vintage Wine Estates's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $24.4 Mil. Vintage Wine Estates's average total debt for the quarter that ended in Mar. 2024 was $344.6 Mil. Therefore, Vintage Wine Estates's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.09%.

Vintage Wine Estates Effective Interest Rate on Debt % Historical Data

The historical data trend for Vintage Wine Estates'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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Vintage Wine Estates Effective Interest Rate on Debt % Chart

Vintage Wine Estates Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

4.79

3.76

4.47

5.53

Vintage Wine Estates Quarterly Data
	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											4.89	6.00	5.81	7.22	7.09

Competitive Comparison of Vintage Wine Estates's Effective Interest Rate on Debt %

For the Beverages - Wineries & Distilleries subindustry, Vintage Wine Estates'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.

Vintage Wine Estates's Effective Interest Rate on Debt % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vintage Wine Estates's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vintage Wine Estates's Effective Interest Rate on Debt % falls into.

Vintage Wine Estates Effective Interest Rate on Debt % Calculation

Vintage Wine Estates's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -18.407	/	( (328.219	+	336.975)	/ 2 )
=	-1 * -18.407	/	332.597
=	5.53 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	169.095	+	159.124
=	328.219

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	200.535	+	136.44
=	336.975

Vintage Wine Estates'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 * -24.432	/	( (336.507	+	352.598)	/ 2 )
=	-1 * -24.432	/	344.5525
=	7.09 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.451	+	312.056
=	336.507

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.193	+	328.405
=	352.598

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.

Vintage Wine Estates (NAS:VWE) Effective Interest Rate on Debt % Explanation

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

Vintage Wine Estates Effective Interest Rate on Debt % Related Terms

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Vintage Wine Estates (Vintage Wine Estates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vintage Wine Estates Inc (NAS:VWE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

8HQ:Germany

Address

937 Tahoe Boulevard, Suite 210, Incline Village, NV, USA, 89451

Website

https://www.vintagewineestates.com

Vintage Wine Estates Inc is a family of wineries and wines whose singular focus is producing the finest quality wines and incredible customer experiences with wineries throughout Napa, Sonoma, California's Central Coast, Oregon, and Washington State.

Executives

Patrick A Roney	director, 10 percent owner, officer: Chief Executive Officer	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Timothy D Proctor	director	301 SOUTH COLLEGE STREET, CHARLOTTE NC 28288-0630
Jonathan Sebastiani	director, other: Member of 10% owner group	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Seth Kaufman	officer: President and CEO	C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BLVD, SUITE 210, INCLINE VILLAGE NV 89451
Bespoke Sponsor Capital Lp	10 percent owner	115 PARK STREET, 3RD FLOOR, LONDON X0 W1K 7AP
Paul S Walsh	director	8 HENRIETTA PLACE, LONDON X0 94111
Zach Long	officer: Chief Operations Officer	C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BOULEVARD, SUITE 210, INCLINE VILLAGE NV 89451
Jon Moramarco	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Kristina L Johnston	officer: Chief Financial Officer	937 TAHOE BLVD., SUITE 210, INCLINE VILLAGE NV 89451
Katherine Devillers	officer: Chief Financial Officer	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Terry Wheatley	officer: President	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Harms Mark W.b.	director	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Berner Robert L Iii	director	C/O CHARTERHOUSE GROUP INTERNATIONAL INC, 535 MADISON AVE, NEW YORK NY 10022
Lisa M. Schnorr	director	C/O GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Russell G Joy	officer: Chief Operating Officer	937 TAHOE BOULEVARD, SUITE 10, INCLINE VILLAGE NV 89451