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Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Effective Interest Rate on Debt % : -47.99% (As of Dec. 2024)


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What is Gezinomi Seyahat Turizm Ticaret Anonim Sirketi 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. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₺-263 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's average total debt for the quarter that ended in Dec. 2024 was ₺548 Mil. Therefore, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was -47.99%.


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Effective Interest Rate on Debt % Historical Data

The historical data trend for Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Effective Interest Rate on Debt % Chart

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 14.67 4.53 317.36 915.71 33.77

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 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 -397.97 3,862.10 114.05 101.58 -47.99

Competitive Comparison of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Effective Interest Rate on Debt %

For the Travel Services subindustry, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Effective Interest Rate on Debt % falls into.


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Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Effective Interest Rate on Debt % Calculation

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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  *  -128.478/( (6.483+754.36)/ 2 )
=-1  *  -128.478/380.4215
=33.77 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=309.26 + 445.1
=754.36

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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  *  262.884/( (341.233+754.36)/ 2 )
=-1  *  262.884/547.7965
=-47.99 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=313.296 + 27.937
=341.233

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=309.26 + 445.1
=754.36

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


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi  (IST:GZNMI) Effective Interest Rate on Debt % Explanation

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


Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Effective Interest Rate on Debt % Related Terms

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Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Mehmetcik Mah. 1242 Sok. No 3B, 2 Muratpasa, Antalya, TUR
Gezinomi Seyahat Turizm Ticaret Anonim Sirketi is a tour operator with its hotel and tour services. It allows users to buy services comprising domestic and international tours, hotel accommodation, Cyprus hotels, car rentals, flight tickets, transfers, and holidays.

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