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RDI (Reading International) Effective Interest Rate on Debt % : 5.01% (As of Mar. 2025)


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What is Reading International 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. Reading International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $19.0 Mil. Reading International's average total debt for the quarter that ended in Mar. 2025 was $378.8 Mil. Therefore, Reading International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.01%.


Reading International Effective Interest Rate on Debt % Historical Data

The historical data trend for Reading International'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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Reading International Effective Interest Rate on Debt % Chart

Reading International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 2.71 3.09 4.50 5.23

Reading International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.20 5.38 5.13 5.23 5.01

Competitive Comparison of Reading International's Effective Interest Rate on Debt %

For the Entertainment subindustry, Reading International'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.


Reading International's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reading International's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Reading International Effective Interest Rate on Debt % Calculation

Reading International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -21.154/( (418.777+390.218)/ 2 )
=-1  *  -21.154/404.4975
=5.23 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=354.72 + 64.057
=418.777

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=294.335 + 95.883
=390.218

Reading International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -18.968/( (390.218+367.428)/ 2 )
=-1  *  -18.968/378.823
=5.01 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=294.335 + 95.883
=390.218

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=287.775 + 79.653
=367.428

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Reading International  (NAS:RDI) Effective Interest Rate on Debt % Explanation

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


Reading International Effective Interest Rate on Debt % Related Terms

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Reading International Business Description

Traded in Other Exchanges
Address
189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial and live theater assets.
Executives
Douglas James Mceachern director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 90814
Steven John Lucas officer: VP, Controller & CAO 32 IZARD ROAD, KHANDALLAH, WELLINGTON Q2 6035
Mark Cuban 10 percent owner 5424 DELOACHE AVENUE, DALLAS TX 75220
Robert F Smerling officer: President - Domestic Cinemas 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Ellen M Cotter officer: COO - Domestic Cinemas C/O READING INTERNATIONAL, 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Margaret Cotter director 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
James J. Cotter Living Trust 10 percent owner, other: Member of Sec.13(d)(3) Group 6100 CENTER DRIVE, SUITE 900, LOS ANGELES CA 90045
Edward Lewis Kane director 7405 HIGH AVE, LAJOLLA CA 92037
Gilbert Avanes officer: Vice President, FP & A 5236 MARYLAND AVE, LA CRESCENTA CA 91214
Devasis Ghose officer: Chief Financial Officer 1155 VALLEY STREET, SUITE 400, SEATTLE WA 98109
Cotter James J Jr director, 10 percent owner, officer: See Remarks C/O READING INTERNATIONAL, INC., 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Sidney Craig Tompkins officer: EVP, General Counsel 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
Matthew Benedict Bourke officer: Mang Dir-Real Estate- Aus & NZ 4 LUCAS STREET, EAST BRIGHTON, MELBOURNE C3 3187
Michael J. Wrotniak director 32 ELMSMERE ROAD, MOUNT VERNON NY 10552
Judy Bond Codding director 2266 CANYONBACK ROAD, LOS ANGELES CA 90049