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SBGI (Sinclair) Effective Interest Rate on Debt % : 6.91% (As of Dec. 2024)


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What is Sinclair 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. Sinclair's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $296 Mil. Sinclair's average total debt for the quarter that ended in Dec. 2024 was $4,285 Mil. Therefore, Sinclair's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.91%.


Sinclair Effective Interest Rate on Debt % Historical Data

The historical data trend for Sinclair'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.

Sinclair Effective Interest Rate on Debt % Chart

Sinclair Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 4.87 3.48 6.94 7.05

Sinclair Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only 7.18 7.02 7.05 7.26 6.91

Competitive Comparison of Sinclair's Effective Interest Rate on Debt %

For the Broadcasting subindustry, Sinclair'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.


Sinclair's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

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

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


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Sinclair Effective Interest Rate on Debt % Calculation

Sinclair'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  *  -304/( (4348+4281)/ 2 )
=-1  *  -304/4314.5
=7.05 %

where

Sinclair'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  *  -296/( (4288+4281)/ 2 )
=-1  *  -296/4284.5
=6.91 %

where

* 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.


Sinclair  (NAS:SBGI) Effective Interest Rate on Debt % Explanation

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


Sinclair Effective Interest Rate on Debt % Related Terms

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Sinclair Business Description

Traded in Other Exchanges
N/A
Address
10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030
Sinclair Inc. is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets, covering 40% of US households. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox). Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their premium sports content to pay-TV distributors.
Executives
David D Smith director, 10 percent owner, officer: President C/O SINCLAIR BROADCAST GROUP, 2000 WEST 41ST ST, BALTIMORE MD 21211-1420
David R Bochenek officer: Controller and CAO 10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21030
Daniel C Keith director 102 W PENNSYLVANIA AVE, STE 501, TOWSON MD 21204
David B Gibber officer: SVP & General Counsel 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Jeffrey Edward Lewis officer: Chief Compliance Officer 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Lawrence E Mccanna director 36 S CHARLES ST, STE 1800, BALTIMORE MD 21201
Frederick G Smith director, 10 percent owner, officer: Vice President 10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
J Duncan Smith director, 10 percent owner, officer: Secretary 10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
Laurie R Beyer director 6331 FALCONWOOD STREET, MIDDLE RIVER MD 21220
Justin Leroy Bray officer: VP & Treasurer 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Barry Faber officer: Vice President-General Counsel 10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21203
Lucy Rutishauser officer: Treasurer and VP Corp. Finance 10706 BEAVER DAM RD, COCKEYSVILLE MD 21203
Benson E Legg director 393 SILVER MOSS DRIVE, VERO BEACH FL 32963