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Isle of Capri Casinos (Isle of Capri Casinos) Effective Interest Rate on Debt % : 7.53% (As of Jan. 2017)


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What is Isle of Capri Casinos 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. Isle of Capri Casinos's annualized positive value of Interest Expense for the quarter that ended in Jan. 2017 was $67 Mil. Isle of Capri Casinos's average total debt for the quarter that ended in Jan. 2017 was $884 Mil. Therefore, Isle of Capri Casinos's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2017 was 7.53%.


Isle of Capri Casinos Effective Interest Rate on Debt % Historical Data

The historical data trend for Isle of Capri 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.

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Isle of Capri Casinos Effective Interest Rate on Debt % Chart

Isle of Capri Casinos Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 7.74 7.32 8.17 7.10

Isle of Capri Casinos Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
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 7.05 7.15 7.20 7.43 7.53

Competitive Comparison of Isle of Capri Casinos's Effective Interest Rate on Debt %

For the Resorts & Casinos subindustry, Isle of Capri 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.


Isle of Capri Casinos's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

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



Isle of Capri Casinos Effective Interest Rate on Debt % Calculation

Isle of Capri Casinos's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2015 )+Total Debt  (A: Apr. 2016 ))/ count )
=-1  *  -68.025/( (992.882+922.693)/ 2 )
=-1  *  -68.025/957.7875
=7.10 %

where

Total Debt  (A: Apr. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=992.712 + 0.17
=992.882

Total Debt  (A: Apr. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=922.613 + 0.08
=922.693

Isle of Capri Casinos's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2016 )+Total Debt  (Q: Jan. 2017 ))/ count )
=-1  *  -66.6/( (887.482+881.246)/ 2 )
=-1  *  -66.6/884.364
=7.53 %

where

Total Debt  (Q: Oct. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=887.399 + 0.083
=887.482

Total Debt  (Q: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=881.161 + 0.085
=881.246

* 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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Isle of Capri Casinos  (NAS:ISLE) Effective Interest Rate on Debt % Explanation

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


Isle of Capri Casinos Effective Interest Rate on Debt % Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description

Traded in Other Exchanges
N/A
Address
Isle of Capri operates 13 casinos in the United States, in cities ranging from Lula, Miss., to Kansas City, Mo., three casinos in the United Kingdom, and one in the Bahamas. The firm's casinos are regionally or locally focused, aiming to offer a fun entertainment alternative. Founded in 1990 and based in St. Louis, the company employs about 8,500 people.
Executives
Quatmann Edmund L Jr officer: Chief Legal Officer 600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Gregory J. Kozicz director 8800 PAGE AVENUE, ST.LOUIS MO 63114
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Eric L Hausler officer: Chief Executive Officer C/O TRUMP ENTERTAINMENT RESORTS, 1000 BOARDWALK, ATLANTIC CITY NJ 08401
Scott E Schubert director C/O SONUS NETWORKS, INC., 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
James Perry officer: Executive Chairman

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