GL (GUORF) Effective Interest Rate on Debt % : 5.03% (As of Dec. 2020)

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What is GL 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. GL's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was $48.80 Mil. GL's average total debt for the quarter that ended in Dec. 2020 was $969.45 Mil. Therefore, GL's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 5.03%.

GL Effective Interest Rate on Debt % Historical Data

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

GL Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Effective Interest Rate on Debt %

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3.66

4.28

5.18

4.85

8.36

GL Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.83	4.28	9.19	4.46	5.03

Competitive Comparison of GL's Effective Interest Rate on Debt %

For the Lodging subindustry, GL'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.

GL's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

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

GL Effective Interest Rate on Debt % Calculation

GL's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2019 )	+	Total Debt (A: Jun. 2020 ))	/ count )
=	-1 * -46.1	/	( (209.7	+	893.4)	/ 2 )
=	-1 * -46.1	/	551.55
=	8.36 %

where

	Total Debt (A: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	209.7	+	0
=	209.7

	Total Debt (A: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	887	+	6.4
=	893.4

GL's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2020 )	+	Total Debt (Q: Dec. 2020 ))	/ count )
=	-1 * -48.8	/	( (893.4	+	1045.5)	/ 2 )
=	-1 * -48.8	/	969.45
=	5.03 %

where

	Total Debt (Q: Jun. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	887	+	6.4
=	893.4

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1028.3	+	17.2
=	1045.5

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 two times the semi-annual (Dec. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

GL (GREY:GUORF) Effective Interest Rate on Debt % Explanation

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

GL Effective Interest Rate on Debt % Related Terms

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GL (GUORF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GL Ltd (GREY:GUORF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wallich Street, No. 15-02 Guoco Tower, Singapore, SGP, 078881

Website

https://www.gl-grp.com

GL Ltd is a holding company, primarily operating in the lodging industry. The company has several business segments that include hotels, oil & gas, property development, and Others. The hotel segment wholly owns, manages, and leases hotel chains in the United Kingdom. The oil & gas segment owns the rights to royalties for the production of oil and natural gas in the Bass Strait in Australia. The property development section owns properties in Hawaii and London. The Others segment covers the Group's other investments, treasury operations, and corporate office. The company generates the vast majority of its revenue in the U.K.

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