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Hilton Grand Vacations (Hilton Grand Vacations) Effective Interest Rate on Debt % : 4.26% (As of Dec. 2023)


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What is Hilton Grand Vacations 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. Hilton Grand Vacations's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $180 Mil. Hilton Grand Vacations's average total debt for the quarter that ended in Dec. 2023 was $4,221 Mil. Therefore, Hilton Grand Vacations's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.26%.


Hilton Grand Vacations Effective Interest Rate on Debt % Historical Data

The historical data trend for Hilton Grand Vacations'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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Hilton Grand Vacations Effective Interest Rate on Debt % Chart

Hilton Grand Vacations 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 2.85 2.36 3.32 3.47 4.22

Hilton Grand Vacations 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 3.85 4.42 4.38 4.64 4.26

Competitive Comparison of Hilton Grand Vacations's Effective Interest Rate on Debt %

For the Resorts & Casinos subindustry, Hilton Grand Vacations'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.


Hilton Grand Vacations's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hilton Grand Vacations's Effective Interest Rate on Debt % falls into.



Hilton Grand Vacations Effective Interest Rate on Debt % Calculation

Hilton Grand Vacations'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  *  -178/( (3847+4593)/ 2 )
=-1  *  -178/4220
=4.22 %

where

Hilton Grand Vacations'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  *  -180/( (3848+4593)/ 2 )
=-1  *  -180/4220.5
=4.26 %

where

* 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.


Hilton Grand Vacations  (NYSE:HGV) Effective Interest Rate on Debt % Explanation

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


Hilton Grand Vacations Effective Interest Rate on Debt % Related Terms

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Hilton Grand Vacations (Hilton Grand Vacations) Business Description

Traded in Other Exchanges
Address
6355 MetroWest Boulevard, Suite 180, Orlando, FL, USA, 32835
Hilton Grand Vacations Inc is a timeshare company engaged in developing, marketing, selling, managing and operating timeshare resorts, timeshare plans and ancillary reservation services, under the Hilton Grand Vacations brand. The company operates business in the following two segments: (i) Real estate sales and financing and (ii) Resort operations and club management. The majority of the company's revenue is earned through the Resort operations and club management segment.
Executives
Carlos Hernandez officer: See Remarks 5323 MILLENIA LAKES BOULEVARD, SUITE 120, ORLANDO FL 32839
Mark D Wang director, officer: See Remarks 5323 MILLENIA LAKES BLVD, ORLANDO FL 32801
Gordon Gurnik officer: See Remarks C/O WYNDHAM WORLDWIDE CORPORATION, 22 SYLVAN WAY, PARSIPPANY NJ 07054
Daniel Jason Mathewes officer: See Remarks 5323 MILLENIA LAKES BLVD., SUITE 400, ORLANDO FL 32839
Corbin Charles R. Jr. officer: EVP & General Counsel C/O HILTON GRAND VACATIONS INC., 6355 METROWEST BOULEVARD, SUITE 180, ORLANDO FL 32835
Jorge Pablo Brizi officer: See Remarks 5323 MILLENIA LAKES BOULEVARD, SUITE120, ORLANDO FL 32839
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Ap Viii Dakota Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Dakota Co-invest Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Hoek Alex Van director APOLLO GLOBAL MANAGEMENT INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 100019
Apollo Capital Management Viii, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Advisors Viii, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Aph Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
David Sambur director 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sherri A Silver officer: EVP & Chief Marketing Officer 100 ERIE INSURANCE PLACE, ERIE PA 16530