TUI AG (LTS:0ACY) Effective Interest Rate on Debt % : 15.78% (As of Jun. 2024)

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What is TUI AG 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. TUI AG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €431 Mil. TUI AG's average total debt for the quarter that ended in Jun. 2024 was €2,730 Mil. Therefore, TUI AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 15.78%.

TUI AG Effective Interest Rate on Debt % Historical Data

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

TUI AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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6.09

5.85

6.38

8.31

10.89

TUI AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															19.87	9.15	13.98	18.30	15.78

Competitive Comparison of TUI AG's Effective Interest Rate on Debt %

For the Travel Services subindustry, TUI AG'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.

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

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

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

TUI AG Effective Interest Rate on Debt % Calculation

TUI AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -509	/	( (5170.6	+	4179.6)	/ 2 )
=	-1 * -509	/	4675.1
=	10.89 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4178.3	+	992.3
=	5170.6

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3395	+	784.6
=	4179.6

TUI AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -430.8	/	( (2718	+	2742.5)	/ 2 )
=	-1 * -430.8	/	2730.25
=	15.78 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2054.3	+	663.7
=	2718

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2146.8	+	595.7
=	2742.5

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

TUI AG (LTS:0ACY) Effective Interest Rate on Debt % Explanation

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

TUI AG Effective Interest Rate on Debt % Related Terms

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TUI AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TUI AG (LTS:0ACY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TUIFF:USA 1TUI1U:Italy TUI1d:UK TUI1:Germany TUI1:Austria

Address

Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625

Website

https://www.tuigroup.com

TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

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