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Century Casinos (Century Casinos) Effective Interest Rate on Debt %

: 10.40% (As of Dec. 2023)
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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. Century Casinos's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $105.9 Mil. Century Casinos's average total debt for the quarter that ended in Dec. 2023 was $1,018.6 Mil. Therefore, Century Casinos's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 10.40%.


Century Casinos Effective Interest Rate on Debt % Historical Data

The historical data trend for Century Casinos'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.

* Premium members only.

Century Casinos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.94 8.60 8.61 11.35 11.14

Century Casinos 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 % 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 Premium Member Only Premium Member Only Premium Member Only 10.34 10.64 11.09 14.99 10.40

Competitive Comparison

For the Resorts & Casinos subindustry, Century Casinos'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.


Century Casinos Effective Interest Rate on Debt % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Century Casinos's Effective Interest Rate on Debt % distribution charts can be found below:

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



Century Casinos Effective Interest Rate on Debt % Calculation

Century Casinos'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  *  -93.925/( (664.996+1020.542)/ 2 )
=-1  *  -93.925/842.769
=11.14 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=655.577 + 9.419
=664.996

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1008.48 + 12.062
=1020.542

Century Casinos'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  *  -105.944/( (1016.591+1020.542)/ 2 )
=-1  *  -105.944/1018.5665
=10.40 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1007.944 + 8.647
=1016.591

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1008.48 + 12.062
=1020.542

* 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.


Century Casinos  (NAS:CNTY) Effective Interest Rate on Debt % Explanation

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


Century Casinos Effective Interest Rate on Debt % Related Terms

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Century Casinos (Century Casinos) Business Description

Traded in Other Exchanges
Address
455 East Pikes Peak Avenue, Suite 210, Colorado Springs, CO, USA, 80903
Century Casinos Inc is a casino entertainment company that develops and operates gaming establishments as well as related lodging, restaurant, horse racing (including off-track betting), and entertainment facilities in North America. The company has three reportable segments based on the geographical locations in which its casinos operate; United States; Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek in Colorado, Mountaineer Casino, Racetrack & Resort in West Virginia, and Century Casino Caruthersville, and Century Casino Cape Girardeau in Missouri, Canada; Century Casino & Hotel, Century Casino St. Albert, Century Mile Racetrack in Edmonton and Casino Century Downs Racetrack and Casino in Calgary, and Poland; Casinos Poland.
Executives
Peter Hoetzinger director, officer: Vice Chairman/Co CEO/President 200 EAST BENNETT AVE, CRIPPLE CREEK CO 80813
Nikolaus Strohriegel officer: Vice President of Operations 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80908
Haitzmann Erwin Et Al director, officer: Chairman of the Board/Co CEO 2200 EAST BENNETT AVE, CRIPPLE CREEK CO 80813
Andreas Terler officer: Vice President of Operations 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80908
Smith Geoffrey Donald Cumming officer: SENIOR V.P. OPERATIONS 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80903
Dinah Corbaci director ANZENGRUBERGASSE 24/25, VIENNA C4 1050
Timothy Allen Wright officer: Vice President - Controller 455 E PIKES PEAK AVE, SUITE 210, COLORADO SPRINGS CO 80903
Eduard M Berger director 455 E PIKES PEAK AVE STE 210, COLORADO SPRINGS CO 80903
Gottfried Schellmann director HANS WEIGELGASSE 5, MARIA ENZERSDORF C4 A-02340
Robert S Eichberg director 1801 CALIFORNIA ST, SUITE 4550, DENVER CO 80202
Margaret Stapleton officer: EVP/PFO 2860 SOUTH CIRCLE DRIVE, SUITE 350, COLORADO SPRINGS CO 80906
Larry Hannappel officer: CAO/Secretary/Treasurer 200 EAST BENNETT AVE, CRIPPLE CREEK CO 80813
Christian Gernert officer: Chief Operating Officer 1263 LAKE PLAZA DRIVE, SUITE A, COLORADO SPRINGS CO 80906
Raymond W Sienko officer: Chief Accounting Officer 1263 A. LAKE PLAZA DR., COLORADO SPRINGS CO 80906
Miller Lloyd I Iii 10 percent owner