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Loral Spacemmunications (Loral Spacemmunications) Effective Interest Rate on Debt % : 14.13% (As of Sep. 2021)


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What is Loral Spacemmunications 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. Loral Spacemmunications's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $0.03 Mil. Loral Spacemmunications's average total debt for the quarter that ended in Sep. 2021 was $0.23 Mil. Therefore, Loral Spacemmunications's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 14.13%.


Loral Spacemmunications Effective Interest Rate on Debt % Historical Data

The historical data trend for Loral Spacemmunications'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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Loral Spacemmunications Effective Interest Rate on Debt % Chart

Loral Spacemmunications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.41 3.87

Loral Spacemmunications Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 6.05 5.59 5.89 5.19 14.13

Competitive Comparison of Loral Spacemmunications's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Loral Spacemmunications'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.


Loral Spacemmunications's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Loral Spacemmunications's Effective Interest Rate on Debt % distribution charts can be found below:

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



Loral Spacemmunications Effective Interest Rate on Debt % Calculation

Loral Spacemmunications's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -0.026/( (0.997+0.345)/ 2 )
=-1  *  -0.026/0.671
=3.87 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.345 + 0.652
=0.997

Loral Spacemmunications's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  -0.032/( (0.301+0.152)/ 2 )
=-1  *  -0.032/0.2265
=14.13 %

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 (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Loral Spacemmunications  (NAS:LORL) Effective Interest Rate on Debt % Explanation

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


Loral Spacemmunications Effective Interest Rate on Debt % Related Terms

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Loral Spacemmunications (Loral Spacemmunications) Business Description

Traded in Other Exchanges
N/A
Address
600 Fifth Avenue, New York, NY, USA, 10020
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.
Executives
Janet T Yeung director MHR FUND MANAGEMENT LLC 1345 AVENUE OF THE AMERICAS, 42ND FLOOR NEW YORK NY 10105
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Ravinder Singh Girgla officer: Vice President and Controller 565 FIFTH AVENUE NEW YORK NY 10017
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019
Mhrc Ii Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
Mhrc I Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
John Capogrossi officer: VP and Controller 600 THIRD AVENUE NEW YORK NY 10016
Arthur L Simon director 971 HAVERSTRAW RD SUFFERN NY 10901
Harvey B Rein officer: Vice President & Controller 600 THIRD AVENUE NEW YORK NY 10016
Richard Mastoloni officer: Vice President & Treasurer 600 THIRD AVENUE NEW YORK NY 10016
Dean Olmstead director 90 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019