GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » National Corp for Tourism Hotels (ADX:NCTH) » Definitions » Effective Interest Rate on Debt %

National for Tourism Hotels (ADX:NCTH) Effective Interest Rate on Debt % : 5.15% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is National for Tourism Hotels 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. National for Tourism Hotels's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was د.إ20.0 Mil. National for Tourism Hotels's average total debt for the quarter that ended in Dec. 2023 was د.إ387.5 Mil. Therefore, National for Tourism Hotels's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.15%.


National for Tourism Hotels Effective Interest Rate on Debt % Historical Data

The historical data trend for National for Tourism Hotels'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.

National for Tourism Hotels Effective Interest Rate on Debt % Chart

National for Tourism Hotels 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 3.96 2.76 2.29 1.94 5.15

National for Tourism Hotels Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.96 2.76 2.29 1.94 5.15

Competitive Comparison of National for Tourism Hotels's Effective Interest Rate on Debt %

For the Lodging subindustry, National for Tourism Hotels'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.


National for Tourism Hotels's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National for Tourism Hotels's Effective Interest Rate on Debt % falls into.



National for Tourism Hotels Effective Interest Rate on Debt % Calculation

National for Tourism Hotels'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  *  -19.974/( (388.303+386.745)/ 2 )
=-1  *  -19.974/387.524
=5.15 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=358.126 + 30.177
=388.303

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=351.004 + 35.741
=386.745

National for Tourism Hotels'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: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -19.974/( (388.303+386.745)/ 2 )
=-1  *  -19.974/387.524
=5.15 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=358.126 + 30.177
=388.303

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=351.004 + 35.741
=386.745

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


National for Tourism Hotels  (ADX:NCTH) Effective Interest Rate on Debt % Explanation

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


National for Tourism Hotels Effective Interest Rate on Debt % Related Terms

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


National for Tourism Hotels (ADX:NCTH) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, P.O. Box 6942, Abu Dhabi, ARE
National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company's operating segment include Hotels, Retail Services, Catering Services, and the Holding segment. Catering segment provides catering services on a contract basis. The Hotels segment provides room and food and beverages services to customers. Retail services segment provides beverages sales services to its customers. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE). It owns four hotels within the UAE: Abu Dhabi InterContinental Hotel, Danat Al Ain Resort.

National for Tourism Hotels (ADX:NCTH) Headlines

No Headlines