GBTG (Global Business Travel Group) Effective Interest Rate on Debt % : 6.01% (As of Dec. 2024)

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What is Global Business Travel Group 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. Global Business Travel Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $88 Mil. Global Business Travel Group's average total debt for the quarter that ended in Dec. 2024 was $1,464 Mil. Therefore, Global Business Travel Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.01%.

Global Business Travel Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Business Travel Group'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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Global Business Travel Group Effective Interest Rate on Debt % Chart

Global Business Travel Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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3.85

5.87

8.15

10.31

7.94

Global Business Travel Group Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											10.05	9.20	8.93	7.73	6.01

Competitive Comparison of Global Business Travel Group's Effective Interest Rate on Debt %

For the Travel Services subindustry, Global Business Travel Group'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.

Global Business Travel Group's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Global Business Travel Group's Effective Interest Rate on Debt % falls into.

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Global Business Travel Group Effective Interest Rate on Debt % Calculation

Global Business Travel Group'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 * -115	/	( (1434	+	1462)	/ 2 )
=	-1 * -115	/	1448
=	7.94 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1410	+	24
=	1434

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1428	+	34
=	1462

Global Business Travel Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -88	/	( (1465	+	1462)	/ 2 )
=	-1 * -88	/	1463.5
=	6.01 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1435	+	30
=	1465

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1428	+	34
=	1462

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

Global Business Travel Group (NYSE:GBTG) Effective Interest Rate on Debt % Explanation

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

Global Business Travel Group Effective Interest Rate on Debt % Related Terms

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Global Business Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Global Business Travel Group Inc (NYSE:GBTG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 3rd Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://www.amexglobalbusinesstravel.com

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.

Executives

Michael Gregory Ohara	director	C/O CERTARES MANAGEMENT LLC, 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Karen A Williams	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Paul G Abbott	director, officer: Chief Executive Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Eric J. Bock	officer: See remarks	300 GALLERIA PARKWAY, NW, ATLANTA GA 30339
Martine Gerow	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
James Peter Bush	director	200 VESEY STREET, NEW YORK NY 10285
Vliet Christopher Van	officer: Vice President, Controller	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Asof Investment Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Ares Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael Qualantone	officer: Chief Revenue Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Evan Konwiser	officer: See remarks	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Boriana Tchobanova	officer: Chief Transformation Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Marlins Acquisition Corp.	10 percent owner	3150 SABRE DRIVE, SOUTHLAKE TX 76092
Mark Hollyhead	officer: President, Egencia	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Patricia Anne Huska	officer: Chief People Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017