Adventure (TSE:6030) Effective Interest Rate on Debt % : 2.01% (As of Jun. 2024)

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What is Adventure 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. Adventure's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was 円171 Mil. Adventure's average total debt for the quarter that ended in Jun. 2024 was 円8,545 Mil. Therefore, Adventure's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 2.01%.

Adventure Effective Interest Rate on Debt % Historical Data

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

Adventure Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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0.51

0.45

0.99

1.85

2.28

Adventure Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.50	2.16	1.67	2.01	1.77

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

For the Travel Services subindustry, Adventure'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.

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

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

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

Adventure Effective Interest Rate on Debt % Calculation

Adventure's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -137.881	/	( (3656.671	+	8414.007)	/ 2 )
=	-1 * -137.881	/	6035.339
=	2.28 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3100.092	+	556.579
=	3656.671

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7106.849	+	1307.158
=	8414.007

Adventure'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 * -171.4	/	( (8676.898	+	8414.007)	/ 2 )
=	-1 * -171.4	/	8545.4525
=	2.01 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7360.125	+	1316.773
=	8676.898

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7106.849	+	1307.158
=	8414.007

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.

Adventure (TSE:6030) Effective Interest Rate on Debt % Explanation

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

Adventure Effective Interest Rate on Debt % Related Terms

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Adventure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Adventure Inc (TSE:6030) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

4-20-3 Ebisu, 24th Floor, Yebisu Garden Place Tower, Shibuya Ward, Tokyo, JPN, 150-6024

Website

http://adventurekk.com

Adventure Inc engages in the provision of online travel services. It operates Skyticket and WANNATRIP website portals. The Skyticket website portal offers online ticket booking services for multiple airlines, both domestic and overseas. The WANNATRIP website portal offers package tours and cruise travel to various destinations.

Adventure Headlines

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