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Entravision Communications (Entravision Communications) Effective Interest Rate on Debt % : 6.84% (As of Dec. 2023)


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What is Entravision Communications 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. Entravision Communications's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $18 Mil. Entravision Communications's average total debt for the quarter that ended in Dec. 2023 was $263 Mil. Therefore, Entravision Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.84%.


Entravision Communications Effective Interest Rate on Debt % Historical Data

The historical data trend for Entravision Communications'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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Entravision Communications Effective Interest Rate on Debt % Chart

Entravision Communications 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 5.37 3.19 2.85 4.34 6.62

Entravision Communications 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 5.64 6.15 6.52 6.74 6.84

Competitive Comparison of Entravision Communications's Effective Interest Rate on Debt %

For the Advertising Agencies subindustry, Entravision Communications'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.


Entravision Communications's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entravision Communications's Effective Interest Rate on Debt % distribution charts can be found below:

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



Entravision Communications Effective Interest Rate on Debt % Calculation

Entravision Communications'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  *  -17.291/( (260.269+262.468)/ 2 )
=-1  *  -17.291/261.3685
=6.62 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.443 + 10.826
=260.269

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=245.217 + 17.251
=262.468

Entravision Communications'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  *  -18.012/( (263.943+262.468)/ 2 )
=-1  *  -18.012/263.2055
=6.84 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=248.15 + 15.793
=263.943

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=245.217 + 17.251
=262.468

* 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.


Entravision Communications  (NYSE:EVC) Effective Interest Rate on Debt % Explanation

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


Entravision Communications Effective Interest Rate on Debt % Related Terms

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Entravision Communications (Entravision Communications) Business Description

Traded in Other Exchanges
Address
2425 Olympic Boulevard, Suite 6000 West, Santa Monica, CA, USA, 90404
Entravision Communications Corp is a global media company. Its operations encompass integrated marketing and media solutions, comprised of television, radio, and digital properties and data analytics services. The company operates in television broadcasting, radio broadcasting, and digital media segments. It owns and operates more than 45 radio stations in 16 U.S. markets. The radio stations consist of approx 38 FM and 10 AM stations located in Arizona, California, Colorado, Florida, Nevada, New Mexico, and Texas. It also provides digital advertising solutions that allow advertisers to reach online Hispanic audiences worldwide.
Executives
Michael J Christenson officer: Chief Executive Officer C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, STE 6000W, SANTA MONICA CA 90404
Lara Sweet director C/O SNAP INC., 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA 90405
Thomas Strickler director C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD STE 6000W, SANTA MONICA CA 90404
Brad Bender director C/O ENTRAVISION COMMUNICATIONS CORP, STE 6000W, SANTA MONICA CA 90404
Christopher T Young officer: President, Outdoor Division
Saldivar Von Wuthenau Juan director 2425 OLYMPIC BLVD., SUITE 6000W, SANTA MONICA CA 90404
Alexandra Seros 10 percent owner C/O ENTRAVISION COMMUNICATIONS CORP., 2425 OLYMPIC BLVD STE 6000 W, SANTA MONICA CA 90404
Seros Ulloa Family Trust Of 1996 10 percent owner C/O ENTRAVISION COMMUNICATIONS CORP., 2425 OLYMPIC BLVD STE 6000 W, SANTA MONICA CA 90404
Paul A Zevnik director ZEVNIK HORTON LLP, 1299 PENNSYLVANIA AVE NW 960E, WASHINGTON DC 20004
Gilbert R Vasquez director 2425 OLYMPIC BLVD., SUITE 6000W, SANTA MONICA CA 90404
Jeffrey A Liberman officer: President, Radio Division ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, SANTA MONICA CA 90404
Arnoldo Avalos director 2425 OLYMPIC BLVD., SUITE 6000 WEST, SANTA MONICA CA 90404
Fehmi Alexander Zeko director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Karl Alonso Meyer officer: Chief Revenue Officer 2425 OLYMPIC BOULEVARD, SUITE 6000 WEST, SANTA MONICA CA 90404
Mario M. Carrera officer: Chief Revenue Officer 2425 OLYMPIC BLVD., SUITE 6000 WEST, SANTA MONICA CA 90404