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Starz (STRZB) Effective Interest Rate on Debt % : 4.51% (As of Sep. 2016)


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What is Starz 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. Starz's annualized positive value of Interest Expense for the quarter that ended in Sep. 2016 was $47 Mil. Starz's average total debt for the quarter that ended in Sep. 2016 was $1,038 Mil. Therefore, Starz's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 was 4.51%.


Starz Effective Interest Rate on Debt % Historical Data

The historical data trend for Starz'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.

Starz Effective Interest Rate on Debt % Chart

Starz Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 4.74 5.63 4.17 4.17

Starz Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 3.80 4.35 4.41 4.18 4.51

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

For the Broadcasting subindustry, Starz'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.


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

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

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



Starz Effective Interest Rate on Debt % Calculation

Starz's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -46/( (1169.6+1037.8)/ 2 )
=-1  *  -46/1103.7
=4.17 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1164.3 + 5.3
=1169.6

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1032.2 + 5.6
=1037.8

Starz's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2016 )+Total Debt  (Q: Sep. 2016 ))/ count )
=-1  *  -46.8/( (1080.3+995.6)/ 2 )
=-1  *  -46.8/1037.95
=4.51 %

where

Total Debt  (Q: Jun. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1074.5 + 5.8
=1080.3

Total Debt  (Q: Sep. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=989.7 + 5.9
=995.6

* 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 (Sep. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Starz  (NAS:STRZB) Effective Interest Rate on Debt % Explanation

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


Starz Effective Interest Rate on Debt % Related Terms

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Starz (STRZB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Starz is a Delaware corporation, incorporated on May 7, 2007. The Company through its subsidiaries, operates as a media and entertainment company. The Company was formerly known as Starz, LLC and changed its name to Starz Inc in January 2013. The Company provides premium subscription video programming services to multichannel video distributors, including cable operators, satellite television providers, and telecommunications companies. The Company pay television channels, global content distribution, and animated television and movie production. The Company also develops, produces, acquires, and distributes entertainment content to consumers on DVD, digital formats, and traditional television. It sells or rents DVDs under the Anchor Bay and Manga brands; and distributes digital and on-demand content for its owned content and content for which it has licensed the non-pay television ancillary rights, as well as movies, television series, documentaries, children's programming, and other video content.

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