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Qurate Retail (Qurate Retail) Effective Interest Rate on Debt % : 7.63% (As of Dec. 2023)


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What is Qurate Retail 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. Qurate Retail's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $460 Mil. Qurate Retail's average total debt for the quarter that ended in Dec. 2023 was $6,030 Mil. Therefore, Qurate Retail's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.63%.


Qurate Retail Effective Interest Rate on Debt % Historical Data

The historical data trend for Qurate Retail'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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Qurate Retail Effective Interest Rate on Debt % Chart

Qurate Retail 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 5.06 5.69 6.58 6.44 7.03

Qurate Retail Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.08 5.54 7.44 7.54 7.63

Competitive Comparison of Qurate Retail's Effective Interest Rate on Debt %

For the Internet Retail subindustry, Qurate Retail'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.


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

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

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



Qurate Retail Effective Interest Rate on Debt % Calculation

Qurate Retail'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  *  -451/( (6871+5955)/ 2 )
=-1  *  -451/6413
=7.03 %

where

Qurate Retail'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -460/( (6104+5955)/ 2 )
=-1  *  -460/6029.5
=7.63 %

where

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


Qurate Retail  (NAS:QRTEA) Effective Interest Rate on Debt % Explanation

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


Qurate Retail Effective Interest Rate on Debt % Related Terms

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Qurate Retail (Qurate Retail) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, primarily using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Its geographical segments include the U.S, Japan, Germany, and Other countries.
Executives
Brian J Wendling officer: CAO/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
David Rawlinson officer: President/CEO-Elect C/O NIELSEN HOLDINGS PLC, 85 BROAD ST, NEW YORK NY 10004
Michael A George director
John C Malone director, 10 percent owner, officer: Chairman of the Board 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
David E Rapley director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei director, officer: Chief Executive Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Mark C Vadon director 705 FIFTH AVE S STE 900, SEATTLE WA 98104
Fiona P Dias director
Gilchrist Malcolm Ian Grant director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Richard N Baer officer: SVP, General Counsel
Richard N Barton director C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112