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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Effective Interest Rate on Debt % : 2.54% (As of Jun. 2019)


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What is Millenniumpthorne Hotels 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. Millenniumpthorne Hotels's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $41 Mil. Millenniumpthorne Hotels's average total debt for the quarter that ended in Jun. 2019 was $1,595 Mil. Therefore, Millenniumpthorne Hotels's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 2.54%.


Millenniumpthorne Hotels Effective Interest Rate on Debt % Historical Data

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

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 2.22 2.24 2.63 2.59

Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 3.92 3.49 0.74 4.23 2.54

Competitive Comparison of Millenniumpthorne Hotels's Effective Interest Rate on Debt %

For the Lodging subindustry, Millenniumpthorne Hotels'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.


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

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

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



Millenniumpthorne Hotels Effective Interest Rate on Debt % Calculation

Millenniumpthorne Hotels's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -35.443/( (1345.845+1394.937)/ 2 )
=-1  *  -35.443/1370.391
=2.59 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1060.322 + 285.523
=1345.845

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=998.734 + 396.203
=1394.937

Millenniumpthorne Hotels's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2019 )+Total Debt  (Q: Jun. 2019 ))/ count )
=-1  *  -40.556/( (1596.838+1593.156)/ 2 )
=-1  *  -40.556/1594.997
=2.54 %

where

Total Debt  (Q: Mar. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1114.625 + 482.213
=1596.838

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1103.929 + 489.227
=1593.156

* 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 (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Millenniumpthorne Hotels  (OTCPK:MLCTF) Effective Interest Rate on Debt % Explanation

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


Millenniumpthorne Hotels Effective Interest Rate on Debt % Related Terms

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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

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