FTAI Aviation (FTAI Aviation) Effective Interest Rate on Debt % : 7.32% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is FTAI Aviation 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. FTAI Aviation's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $190.83 Mil. FTAI Aviation's average total debt for the quarter that ended in Mar. 2024 was $2,605.55 Mil. Therefore, FTAI Aviation's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.32%.

FTAI Aviation Effective Interest Rate on Debt % Historical Data

The historical data trend for FTAI Aviation'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.

FTAI Aviation Effective Interest Rate on Debt % Chart

FTAI Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

7.15

5.11

6.79

7.08

6.89

FTAI Aviation Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.35	7.20	7.22	7.28	7.32

Competitive Comparison of FTAI Aviation's Effective Interest Rate on Debt %

For the Rental & Leasing Services subindustry, FTAI Aviation'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.

FTAI Aviation's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTAI Aviation's Effective Interest Rate on Debt % distribution charts can be found below:

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

FTAI Aviation Effective Interest Rate on Debt % Calculation

FTAI Aviation'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 * -161.639	/	( (2175.727	+	2517.343)	/ 2 )
=	-1 * -161.639	/	2346.535
=	6.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2175.727	+	0
=	2175.727

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2517.343	+	0
=	2517.343

FTAI Aviation's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -190.828	/	( (2517.343	+	2693.754)	/ 2 )
=	-1 * -190.828	/	2605.5485
=	7.32 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2517.343	+	0
=	2517.343

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2693.754	+	0
=	2693.754

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

FTAI Aviation (NAS:FTAIP.PFD) Effective Interest Rate on Debt % Explanation

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

FTAI Aviation Effective Interest Rate on Debt % Related Terms

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

FTAI Aviation (FTAI Aviation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FTAI Aviation Ltd (NAS:FTAIP.PFD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

FTAIN.PFD:USA FTAIO.PFD:USA FTAI:USA

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

https://www.ftaiaviation.com

FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.