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Online Vacation Center Holdings (Online Vacation Center Holdings) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is Online Vacation Center Holdings 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. Online Vacation Center Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Online Vacation Center Holdings's average total debt for the quarter that ended in Sep. 2023 was $2.68 Mil. Therefore, Online Vacation Center Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


Online Vacation Center Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Online Vacation Center Holdings'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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Online Vacation Center Holdings Effective Interest Rate on Debt % Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
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Online Vacation Center Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Online Vacation Center Holdings's Effective Interest Rate on Debt %

For the Travel Services subindustry, Online Vacation Center Holdings'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.


Online Vacation Center Holdings's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Online Vacation Center Holdings's Effective Interest Rate on Debt % falls into.



Online Vacation Center Holdings Effective Interest Rate on Debt % Calculation

Online Vacation Center Holdings'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  *  0/( (2.903+2.903)/ 2 )
=-1  *  0/2.903
=0.00 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.585 + 0.318
=2.903

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.463 + 0.44
=2.903

Online Vacation Center Holdings'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  *  0/( (2.694+2.672)/ 2 )
=-1  *  0/2.683
=0.00 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.19 + 0.504
=2.694

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.167 + 0.505
=2.672

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


Online Vacation Center Holdings  (OTCPK:ONVC) Effective Interest Rate on Debt % Explanation

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


Online Vacation Center Holdings Effective Interest Rate on Debt % Related Terms

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Online Vacation Center Holdings (Online Vacation Center Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets; and river, ocean, and land vacation packages, as well as operates a franchise that focused on travel sales through mobile agents. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travellers with websites to purchase hotel, resort, and vacation packages.
Executives
Edward Rudner director, 10 percent owner, officer: CEO & CFO 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Reginald Flosse 10 percent owner LOTISSEMENT MIRI, APT.A2, TAHIRI PUNAAUIA I4 TAHITI
David Nankin director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Daniel Joseph Rudner director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Kurt Homfelt other: President, Dunhill Vacations 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Richard Anthony Mckinnon director 4404 DRUID LANE, DALLAS TX 75205
Brian P Froelich director 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Simon Todd officer: Vice President 1801 NW 66 AVENUE, PLANTATION FL 33313
Frank D Bracken director 1801 N.W. 66 AVENUE, SUITE 102, PLANTATION FL 33313
Mary Louise Ruderman officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Brenda Josowitz officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
William A Cataldo 10 percent owner SUITE 912 EXECUTIVE CENTER,, 1088 BISHOP STREET, HONOLULU HI 96813
Alan Rubin director, 10 percent owner, officer: CEO and CFO (see remarks) 334 FAIRMONT ROAD, WESTON FL 33326

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