MOND (Mondee Holdings) Effective Interest Rate on Debt %: 30.06% (As of Jun. 2024)


What is Mondee Holdings Effective Interest Rate on Debt %?

Mondee Holdings MOND -99.92% Effective Interest Rate on Debt % is 30.06% as of Jun. 2024.

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. Mondee Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $51.3 Mil. Mondee Holdings's average total debt for the quarter that ended in Jun. 2024 was $170.6 Mil. Therefore, Mondee Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 30.06%.

Mondee Holdings  (OTCPK:MOND) Effective Interest Rate on Debt % Explanation

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

Mondee Holdings Effective Interest Rate on Debt % Related Terms

Mondee Holdings Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Mondee Holdings'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.

Mondee Holdings Effective Interest Rate on Debt % Chart

Mondee Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
12.23 12.57 12.74 17.43

Mondee Holdings Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.84 22.33 2.54 23.77 30.06

MOND vs EBET, LUXH, FUNFF: Effective Interest Rate on Debt % Comparison

For the Travel Services subindustry, Mondee Holdings'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.

Mondee Holdings Effective Interest Rate on Debt % vs Travel & Leisure Industry

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

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


Mondee Holdings Effective Interest Rate on Debt % Calculation

Mondee Holdings'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  *  -26.4/( (137.24+165.61)/ 2 )
=-1  *  -26.4/151.425
=17.43 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=128.858 + 8.382
=137.24

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.583 + 12.027
=165.61

Mondee Holdings'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  *  -51.272/( (168.668+172.461)/ 2 )
=-1  *  -51.272/170.5645
=30.06 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=157.002 + 11.666
=168.668

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=167.259 + 5.202
=172.461

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

What does a Effective Interest Rate on Debt % of 30.06% mean?
Mondee Holdings (MOND) has a Effective Interest Rate on Debt % of 30.06% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mondee Holdings and its competitors.
Is Mondee Holdings' Effective Interest Rate on Debt % too high?
Mondee Holdings' current Effective Interest Rate on Debt % is 30.06%.
How does Mondee Holdings' Effective Interest Rate on Debt % compare to EBET and LUXH?
Mondee Holdings' Effective Interest Rate on Debt % of 30.06% can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Travel & Leisure company?
A good Effective Interest Rate on Debt % depends on the Travel & Leisure industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mondee Holdings and its competitors. Mondee Holdings's current Effective Interest Rate on Debt % is 30.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mondee Holdings stock overvalued right now?
Mondee Holdings (MOND) has a current Effective Interest Rate on Debt % of 30.06%. The current Effective Interest Rate on Debt % is 30.06%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Mondee Holdings (MOND), the current Effective Interest Rate on Debt % is 30.06% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mondee Holdings Business Description

Address 10800 Pecan Park Boulevard, Suite 400, Austin, TX, USA, 78750
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. The company provides AI platforms, technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. The company has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.