Dollar General (WBO:DGEN) Effective Interest Rate on Debt % : 1.68% (As of Jan. 2024)

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What is Dollar General 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. Dollar General's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was €283 Mil. Dollar General's average total debt for the quarter that ended in Jan. 2024 was €16,868 Mil. Therefore, Dollar General's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.68%.

Dollar General Effective Interest Rate on Debt % Historical Data

The historical data trend for Dollar General'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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Dollar General Effective Interest Rate on Debt % Chart

Dollar General Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Effective Interest Rate on Debt %

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1.39

1.14

1.17

1.35

1.82

Dollar General 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															1.68	1.85	1.86	1.86	1.68

Competitive Comparison of Dollar General's Effective Interest Rate on Debt %

For the Discount Stores subindustry, Dollar General'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.

Dollar General's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

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

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

Dollar General Effective Interest Rate on Debt % Calculation

Dollar General'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 * -299.985	/	( (16389.499	+	16607.323)	/ 2 )
=	-1 * -299.985	/	16498.411
=	1.82 %

where

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15193.364	+	1196.135
=	16389.499

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14628.365	+	1978.958
=	16607.323

Dollar General'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 * -283.172	/	( (17128.137	+	16607.323)	/ 2 )
=	-1 * -283.172	/	16867.73
=	1.68 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15134.403	+	1993.734
=	17128.137

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14628.365	+	1978.958
=	16607.323

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.

Dollar General (WBO:DGEN) Effective Interest Rate on Debt % Explanation

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

Dollar General Effective Interest Rate on Debt % Related Terms

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Dollar General (WBO:DGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollar General Corp (WBO:DGEN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DG:USA DGG:Mexico 1DGX:Italy 7DG:Germany 7DG:Germany DGCO34:Brazil

Address

100 Mission Ridge, Goodlettsville, TN, USA, 37072

Website

https://www.dollargeneral.com

With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.

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