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Corporacion Interamericana de EntretenimientoB de CV (MEX:CIEB) Effective Interest Rate on Debt % : 13.29% (As of Mar. 2024)


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What is Corporacion Interamericana de EntretenimientoB de CV 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. Corporacion Interamericana de EntretenimientoB de CV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was MXN222 Mil. Corporacion Interamericana de EntretenimientoB de CV's average total debt for the quarter that ended in Mar. 2024 was MXN1,670 Mil. Therefore, Corporacion Interamericana de EntretenimientoB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 13.29%.


Corporacion Interamericana de EntretenimientoB de CV Effective Interest Rate on Debt % Historical Data

The historical data trend for Corporacion Interamericana de EntretenimientoB de CV'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.

Corporacion Interamericana de EntretenimientoB de CV Effective Interest Rate on Debt % Chart

Corporacion Interamericana de EntretenimientoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.51 6.28 9.19 12.05 24.85

Corporacion Interamericana de EntretenimientoB de CV 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 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 Premium Member Only 7.22 13.97 14.77 12.44 13.29

Competitive Comparison of Corporacion Interamericana de EntretenimientoB de CV's Effective Interest Rate on Debt %

For the Entertainment subindustry, Corporacion Interamericana de EntretenimientoB de CV'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.


Corporacion Interamericana de EntretenimientoB de CV's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Corporacion Interamericana de EntretenimientoB de CV's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Corporacion Interamericana de EntretenimientoB de CV's Effective Interest Rate on Debt % falls into.



Corporacion Interamericana de EntretenimientoB de CV Effective Interest Rate on Debt % Calculation

Corporacion Interamericana de EntretenimientoB de CV'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  *  -225.744/( (151.574+1665.035)/ 2 )
=-1  *  -225.744/908.3045
=24.85 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.342 + 28.232
=151.574

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.844 + 1543.191
=1665.035

Corporacion Interamericana de EntretenimientoB de CV'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  *  -221.928/( (1665.035+1674.967)/ 2 )
=-1  *  -221.928/1670.001
=13.29 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.844 + 1543.191
=1665.035

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=135.443 + 1539.524
=1674.967

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


Corporacion Interamericana de EntretenimientoB de CV  (MEX:CIEB) Effective Interest Rate on Debt % Explanation

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


Corporacion Interamericana de EntretenimientoB de CV Effective Interest Rate on Debt % Related Terms

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Corporacion Interamericana de EntretenimientoB de CV (MEX:CIEB) Business Description

Traded in Other Exchanges
N/A
Address
Av. Industria Militar S/N, Residencial Militar, Mexico DF, MEX, 11600
Corporacion Interamericana de Entretenimiento SAB de CV is a Mexico-based company engaged in the business of providing entertainment services in Latin America and worldwide. It offers a wide Range of entertainment options to a variety of audiences and budgets in large- and medium-sized cities. Its services include concerts, theatrical productions, sporting events, family events and cultural events, among others. In addition, it operates an amusement park in Colombia.

Corporacion Interamericana de EntretenimientoB de CV (MEX:CIEB) Headlines

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