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Shoe Carnival (Shoe Carnival) Effective Interest Rate on Debt % : 0.08% (As of Jan. 2024)


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What is Shoe Carnival 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. Shoe Carnival's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0 Mil. Shoe Carnival's average total debt for the quarter that ended in Jan. 2024 was $358 Mil. Therefore, Shoe Carnival's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.08%.


Shoe Carnival Effective Interest Rate on Debt % Historical Data

The historical data trend for Shoe Carnival'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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Shoe Carnival Effective Interest Rate on Debt % Chart

Shoe Carnival 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 0.08 0.18 0.20 0.10 0.08

Shoe Carnival 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 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of Shoe Carnival's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Shoe Carnival'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.


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

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

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



Shoe Carnival Effective Interest Rate on Debt % Calculation

Shoe Carnival'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  *  -0.282/( (343.228+354.336)/ 2 )
=-1  *  -0.282/348.782
=0.08 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=285.074 + 58.154
=343.228

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=301.355 + 52.981
=354.336

Shoe Carnival'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  *  -0.296/( (362.413+354.336)/ 2 )
=-1  *  -0.296/358.3745
=0.08 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=305.322 + 57.091
=362.413

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=301.355 + 52.981
=354.336

* 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.


Shoe Carnival  (NAS:SCVL) Effective Interest Rate on Debt % Explanation

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


Shoe Carnival Effective Interest Rate on Debt % Related Terms

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Shoe Carnival (Shoe Carnival) Business Description

Traded in Other Exchanges
N/A
Address
7500 East Columbia Street, Evansville, IN, USA, 47715
Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. It operates a retail-focused business model that aims to deliver the footwear shopping experience with the national name brands desired by its customers. Its bricks-first, omnichannel approach provides customers easy access to a wide assortment of branded footwear for work, athletics, daily activities, and special events via a choice of delivery channel.
Executives
Delores B Weaver 10 percent owner TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Wayne J Weaver director, 10 percent owner, officer: CHAIRMAN OF THE BOARD TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Erik D Gast officer: EVP - Chief Financial Officer 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Andrea R. Guthrie director 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Charles B. Tomm director 201 N. FRANKLIN STREET, SUITE 2800, TAMPA FL 33602
Kent A Kleeberger director
W Kerry Jackson officer: EXECUTIVE VICE PRESIDENT - CFO
Timothy T Baker officer: EXECUTIVE VICE PRESIDENT -
Marc A. Chilton officer: EVP-Chief Operations Officer 7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
Patrick C. Edwards officer: VP, CAO (PAO) 7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
James A Aschleman director 300 N MERIDIAN ST STE 2700, INDIANAPOLIS IN 46204
Carl N. Scibetta officer: EVP - GENERAL MERCHANDISE MGR 7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Clifton E Sifford officer: EXECUTIVE VICE PRESIDENT -
Jeffrey C Gerstel director 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430