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Sportsman's Warehouse Holdings (Sportsman's Warehouse Holdings) Effective Interest Rate on Debt % : 2.64% (As of Jan. 2024)


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What is Sportsman's Warehouse 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. Sportsman's Warehouse Holdings's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $13 Mil. Sportsman's Warehouse Holdings's average total debt for the quarter that ended in Jan. 2024 was $507 Mil. Therefore, Sportsman's Warehouse Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 2.64%.


Sportsman's Warehouse Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Sportsman's Warehouse 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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Sportsman's Warehouse Holdings Effective Interest Rate on Debt % Chart

Sportsman's Warehouse Holdings 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 2.77 1.06 0.45 1.14 2.94

Sportsman's Warehouse Holdings 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 1.67 1.85 2.70 2.91 2.64

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

For the Specialty Retail subindustry, Sportsman's Warehouse 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.


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

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

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



Sportsman's Warehouse Holdings Effective Interest Rate on Debt % Calculation

Sportsman's Warehouse Holdings'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  *  -12.869/( (393.447+481.736)/ 2 )
=-1  *  -12.869/437.5915
=2.94 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=260.479 + 132.968
=393.447

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=307 + 174.736
=481.736

Sportsman's Warehouse Holdings'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  *  -13.404/( (533.021+481.736)/ 2 )
=-1  *  -13.404/507.3785
=2.64 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=299.379 + 233.642
=533.021

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=307 + 174.736
=481.736

* 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.


Sportsman's Warehouse Holdings  (NAS:SPWH) Effective Interest Rate on Debt % Explanation

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


Sportsman's Warehouse Holdings Effective Interest Rate on Debt % Related Terms

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Sportsman's Warehouse Holdings (Sportsman's Warehouse Holdings) Business Description

Traded in Other Exchanges
Address
1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others.
Executives
Paul Stone director, officer: PRESIDENT AND CEO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Steven W. Sansom director 1475 WEST 9000 SOUTH, SUITE A, WEST JORDAN UT 84088
Richard D Mcbee director PO BOX 500 (M/S 55-985), 14200 SW KARL BRAUN DRIVE, BEAVERTON OR 97077-0001
Gregory P Hickey director C/O SPORTSMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Erica Fortune director C/O SPORTMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Jon Barker officer: President and COO C/O SPORTSMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Nancy A Walsh director LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Joseph P Schneider director C/O LACROSSE FOOTWEAR INC, 18550 NE RIVERSIDE PARKWAY, PORTLAND OR 972304975
Jeffrey Justin White officer: VP Finance, CAO, Interim CFO SPORTSMAN'S WAREHOUSE, 1475 WEST 9000 SOUTH SUITE A, WEST JORDAN UT 84088
Christopher Eastland director C/O SEIDLER KUTSENDA MANAGEMENT COMPANY, 4640 ADMIRALTY WAY, SUITE 1200, MARINA DEL REY CA 90292
Robert K. Julian officer: Chief Financial Officer C/O SPORTSMAN'S WAREHOUSE, 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Kent Vernon Graham director 11727 FOLKSTONE LANE, LOS ANGELES CA 90077
Philip Williamson director C/O SPORTSMAN'S WAREHOUSE HOLDINGS, INC., 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047