Shangri-La Asia (Shangri-La Asia) Effective Interest Rate on Debt % : 6.47% (As of Dec. 2023)

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What is Shangri-La Asia 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. Shangri-La Asia's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $402 Mil. Shangri-La Asia's average total debt for the quarter that ended in Dec. 2023 was $6,213 Mil. Therefore, Shangri-La Asia's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.47%.

Shangri-La Asia Effective Interest Rate on Debt % Historical Data

The historical data trend for Shangri-La Asia'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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Shangri-La Asia Effective Interest Rate on Debt % Chart

Shangri-La Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.07

3.47

3.24

3.49

5.36

Shangri-La Asia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.24	3.28	3.75	4.28	6.47

Competitive Comparison of Shangri-La Asia's Effective Interest Rate on Debt %

For the Lodging subindustry, Shangri-La Asia'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.

Shangri-La Asia's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Shangri-La Asia's Effective Interest Rate on Debt % falls into.

Shangri-La Asia Effective Interest Rate on Debt % Calculation

Shangri-La Asia'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 * -333.074	/	( (6176.106	+	6257.558)	/ 2 )
=	-1 * -333.074	/	6216.832
=	5.36 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5178.933	+	997.173
=	6176.106

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5606.895	+	650.663
=	6257.558

Shangri-La Asia'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -402.202	/	( (6169.131	+	6257.558)	/ 2 )
=	-1 * -402.202	/	6213.3445
=	6.47 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5432.777	+	736.354
=	6169.131

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5606.895	+	650.663
=	6257.558

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Shangri-La Asia (OTCPK:SHALY) Effective Interest Rate on Debt % Explanation

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

Shangri-La Asia Effective Interest Rate on Debt % Related Terms

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Shangri-La Asia (Shangri-La Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (OTCPK:SHALY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SHALF:USA S07:Singapore 00069:Hong Kong SHN:Germany

Address

683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.shangri-la.com

Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.

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