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Lands' End (Lands' End) Effective Interest Rate on Debt % : 15.17% (As of Jan. 2024)


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What is Lands' End 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. Lands' End's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $49 Mil. Lands' End's average total debt for the quarter that ended in Jan. 2024 was $325 Mil. Therefore, Lands' End's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 15.17%.


Lands' End Effective Interest Rate on Debt % Historical Data

The historical data trend for Lands' End'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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Lands' End Effective Interest Rate on Debt % Chart

Lands' End Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 7.33 11.22 12.04 14.82

Lands' End Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 11.79 13.17 13.55 13.19 15.17

Competitive Comparison of Lands' End's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Lands' End'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.


Lands' End's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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



Lands' End Effective Interest Rate on Debt % Calculation

Lands' End's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -48.291/( (373.765+278.146)/ 2 )
=-1  *  -48.291/325.9555
=14.82 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=354.601 + 19.164
=373.765

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=259.122 + 19.024
=278.146

Lands' End's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -49.228/( (370.875+278.146)/ 2 )
=-1  *  -49.228/324.5105
=15.17 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=351.371 + 19.504
=370.875

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=259.122 + 19.024
=278.146

* 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 four times the quarterly (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Lands' End  (NAS:LE) Effective Interest Rate on Debt % Explanation

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


Lands' End Effective Interest Rate on Debt % Related Terms

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Lands' End (Lands' End) Business Description

Industry
Traded in Other Exchanges
Address
1 Lands' End Lane, Dodgeville, WI, USA, 53595
Lands' End Inc is a United States-based multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company's operating segment includes U.S. eCommerce; International; Outfitters; Third Party and Retail. It generates maximum revenue from the U.S. eCommerce segment. The U.S. eCommerce segment offers products through the company's eCommerce website. Geographically, it derives a majority of its revenue from the United States.
Executives
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Angela S. Rieger officer: Chief Transformation Officer LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Andrew J. Mclean director, officer: CEO - Designate 77 HOT METAL STREET, PITTSBURGH PA 15203
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Jerome Griffith director, officer: President and CEO C/O TUMI, INC., 1001 DURHAM AVENUE, SOUTH PLAINFIELD NJ 07080
Sarah W. Rasmusen officer: EVP, CHIEF CUSTOMER OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Jignesh Patel director 1 LANDS' END LANE, DODGEVILLE WI 53595
Chieh Tsai officer: CHIEF PRODUCT OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Peter L Gray officer: EVP & CAO C/O TUMI HOLDINGS INC, 1001 DURHAM AVE, SOUTH PLAINFIELD NJ 07080
James F Gooch officer: EVP, COO & CFO C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Mccracken Bernard Louis Iii officer: VP, Chief Accounting Officer 500 PLAZA DRIVE, SECAUCUS NJ 07094
Maureen Mullen director LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Gill Brown Hong officer: EVP, CMO & Head of Intl. 1 LANDS' END LANE, DODGEVILLE WI 53595
Jonah Staw director 951 LONGRIDGE ROAD, OAKLAND CA 94610
Robert A Bowman director C/O MLB COM, 75 9TH AVE 5TH FLOOR, NEW YORK NY 10011