Cebu Air (Cebu Air) Effective Interest Rate on Debt % : 4.61% (As of Sep. 2023)

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What is Cebu Air 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. Cebu Air's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $95 Mil. Cebu Air's average total debt for the quarter that ended in Sep. 2023 was $2,067 Mil. Therefore, Cebu Air's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.61%.

Cebu Air Effective Interest Rate on Debt % Historical Data

The historical data trend for Cebu Air'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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Cebu Air Effective Interest Rate on Debt % Chart

Cebu Air Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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4.44

4.76

2.92

2.93

3.43

Cebu Air Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.52	3.61	3.61	4.22	4.61

Competitive Comparison of Cebu Air's Effective Interest Rate on Debt %

For the Airlines subindustry, Cebu Air'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.

Cebu Air's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Effective Interest Rate on Debt % distribution charts can be found below:

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

Cebu Air Effective Interest Rate on Debt % Calculation

Cebu Air'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 * -58.675	/	( (1649.465	+	1774.011)	/ 2 )
=	-1 * -58.675	/	1711.738
=	3.43 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1417.574	+	231.891
=	1649.465

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1608.314	+	165.697
=	1774.011

Cebu Air's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -95.316	/	( (1984.735	+	2149.015)	/ 2 )
=	-1 * -95.316	/	2066.875
=	4.61 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1812.75	+	171.985
=	1984.735

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1934.593	+	214.422
=	2149.015

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Cebu Air (OTCPK:CEBUF) Effective Interest Rate on Debt % Explanation

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

Cebu Air Effective Interest Rate on Debt % Related Terms

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Cebu Air (Cebu Air) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cebu Air Inc (OTCPK:CEBUF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

CEBCP.PFD:Philippines CEB:Philippines

Address

Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000

Website

https://www.cebupacificair.com

Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

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Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon • 12-10-2013