United Parks & Resorts (United Parks & Resorts) Effective Interest Rate on Debt % : 6.53% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is United Parks & Resorts 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. United Parks & Resorts's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $145 Mil. United Parks & Resorts's average total debt for the quarter that ended in Dec. 2023 was $2,222 Mil. Therefore, United Parks & Resorts's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.53%.

United Parks & Resorts Effective Interest Rate on Debt % Historical Data

The historical data trend for United Parks & Resorts'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.

* Premium members only.

United Parks & Resorts Effective Interest Rate on Debt % Chart

United Parks & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.23

5.05

5.12

5.26

6.59

United Parks & Resorts 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															6.23	6.53	12.61	12.67	6.53

Competitive Comparison of United Parks & Resorts's Effective Interest Rate on Debt %

For the Leisure subindustry, United Parks & Resorts'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.

United Parks & Resorts's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where United Parks & Resorts's Effective Interest Rate on Debt % falls into.

United Parks & Resorts Effective Interest Rate on Debt % Calculation

United Parks & Resorts'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 * -146.666	/	( (2229.842	+	2221.294)	/ 2 )
=	-1 * -146.666	/	2225.568
=	6.59 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2214.455	+	15.387
=	2229.842

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2205.914	+	15.38
=	2221.294

United Parks & Resorts'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 * -145.036	/	( (2223.095	+	2221.294)	/ 2 )
=	-1 * -145.036	/	2222.1945
=	6.53 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2207.724	+	15.371
=	2223.095

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2205.914	+	15.38
=	2221.294

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.

United Parks & Resorts (NYSE:PRKS) Effective Interest Rate on Debt % Explanation

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

United Parks & Resorts Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of United Parks & Resorts's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

United Parks & Resorts (United Parks & Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » United Parks & Resorts Inc (NYSE:PRKS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6240 Sea Harbor Drive, Orlando, FL, USA, 32821

Website

http://www.seaworldentertainment.com

SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.

Executives

Kyle Robert Miller	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle	officer: Chief Accounting Officer	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc	officer: Chief Accounting Officer	C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor	officer: See Remarks	C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
William Gray	director	355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Byron Surrett	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher Dold	officer: Chief Zoological Officer	C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Forrester James W Jr	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo	officer: Chief Commercial Officer	C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Michelle F Adams	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes	officer: Chief Human Resources Officer	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer	officer: See Remarks	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett	director	6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy	officer: Chief Accounting Officer	C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Sharon P Nadeau	officer: Chief Human Resources Officer	6240 SEA HARBOR DR, ORLANDO FL 32821