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Codere Online Luxembourg (Codere Online Luxembourg) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)


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What is Codere Online Luxembourg 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. Codere Online Luxembourg's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.0 Mil. Codere Online Luxembourg's average total debt for the quarter that ended in Jun. 2023 was $3.9 Mil. Therefore, Codere Online Luxembourg's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.

Codere Online Luxembourg Effective Interest Rate on Debt % Historical Data

The historical data trend for Codere Online Luxembourg'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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Codere Online Luxembourg Effective Interest Rate on Debt % Chart

Codere Online Luxembourg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- 0.58 1.59 2.48 310.78

Codere Online Luxembourg Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Effective Interest Rate on Debt % Get a 7-Day Free Trial - 53.33 7.59 559.92 -

Competitive Comparison of Codere Online Luxembourg's Effective Interest Rate on Debt %

For the Gambling subindustry, Codere Online Luxembourg'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.

Codere Online Luxembourg's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Codere Online Luxembourg's Effective Interest Rate on Debt % falls into.


Codere Online Luxembourg Effective Interest Rate on Debt % Calculation

Codere Online Luxembourg's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -13.393/( (3.372+5.247)/ 2 )
=-1  *  -13.393/4.3095
=310.78 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 3.372
=3.372

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.752 + 4.495
=5.247

Codere Online Luxembourg's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  0/( (5.247+2.593)/ 2 )
=-1  *  0/3.92
=0.00 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.752 + 4.495
=5.247

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.593
=2.593

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

Codere Online Luxembourg  (NAS:CDRO) Effective Interest Rate on Debt % Explanation

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

Codere Online Luxembourg Effective Interest Rate on Debt % Related Terms

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Codere Online Luxembourg (Codere Online Luxembourg) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Codere Online Luxembourg SA (NAS:CDRO) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
CPHC GLXZ KEYR GAN RSI SPOZF INSE BRVO ELYS LTRY DUB:FLTR OSTO:EVO ASX:ALL DKNG CHDN LSE:ENT LNW ASX:TLC ATH:OPAP XPAR:FDJ
Traded in Other Exchanges
CDRO:Mexico
Address
7 rue Robert Stumper, Luxembourg, LUX, L-2557
Website
http://www.codereonline.com
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.

Codere Online Luxembourg (Codere Online Luxembourg) Headlines

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