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Xenia Hotels & Resorts (Xenia Hotels & Resorts) Effective Interest Rate on Debt % : 5.93% (As of Dec. 2023)


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What is Xenia Hotels & Resorts 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. Xenia Hotels & Resorts's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $83 Mil. Xenia Hotels & Resorts's average total debt for the quarter that ended in Dec. 2023 was $1,395 Mil. Therefore, Xenia Hotels & Resorts's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.93%.


Xenia Hotels & Resorts Effective Interest Rate on Debt % Historical Data

The historical data trend for Xenia Hotels & Resorts'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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Xenia Hotels & Resorts Effective Interest Rate on Debt % Chart

Xenia Hotels & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 4.65 5.67 5.66 6.02

Xenia Hotels & Resorts Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.19 6.12 5.88 5.93 5.84

Competitive Comparison of Xenia Hotels & Resorts's Effective Interest Rate on Debt %

For the REIT - Hotel & Motel subindustry, Xenia Hotels & Resorts'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.


Xenia Hotels & Resorts's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xenia Hotels & Resorts's Effective Interest Rate on Debt % distribution charts can be found below:

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



Xenia Hotels & Resorts Effective Interest Rate on Debt % Calculation

Xenia Hotels & Resorts'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  *  -84.997/( (1429.105+1394.906)/ 2 )
=-1  *  -84.997/1412.0055
=6.02 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1429.105 + 0
=1429.105

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1394.906 + 0
=1394.906

Xenia Hotels & Resorts's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -82.756/( (1394.684+1394.906)/ 2 )
=-1  *  -82.756/1394.795
=5.93 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1394.684 + 0
=1394.684

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1394.906 + 0
=1394.906

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Xenia Hotels & Resorts  (NYSE:XHR) Effective Interest Rate on Debt % Explanation

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


Xenia Hotels & Resorts Effective Interest Rate on Debt % Related Terms

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Xenia Hotels & Resorts (Xenia Hotels & Resorts) Business Description

Industry
Traded in Other Exchanges
Address
200 S. Orange Avenue, Suite 2700, Orlando, FL, USA, 32801
Xenia Hotels & Resorts Inc is a real estate investment trust that invests in premium full-service, lifestyle, and urban upscale hotels across the United States. The company owns and pursues hotels in the upscale, upper upscale, and luxury segments that are affiliated with leading brands. Its hotels are primarily operated by Marriott, along with Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont, and Loews. The firm's properties are located in various regions across the U.S.: the South Atlantic, West South Central, Pacific, Mountain, and other. Xenia's revenue is divided between room, food and beverage, and other. The room segment contributes to the vast majority of the firm's total revenue. The firm's customer groups include transient business, group business, and contract business.
Executives
Bloom Barry A N officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE STE 2700, ORLANDO FL 32801
Arlene Isaacs-lowe director C/O XENIA HOTELS & RESORTS, INC., 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Taylor C. Kessel officer: See Remarks 200 S. ORANGE AVE, SUITE 2700, ORLANDO FL 32801
Joseph T Johnson officer: See Remarks 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Atish Shah officer: See remarks 200 S ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
Marcel Verbaas director, officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE, SUITE 2700, ORLANDO FL 32801
Terrence Moorehead director C/O 2901 W. BLUEGRASS BLVD, STE 500, LEHI UT 84043
Keith E Bass director 6208 BLAKEFORD DRIVE, WINDERMERE FL 34786
Mary E Mccormick director 188 E. CAPITOL STREET, 300 ONE JACKSON PLACE, JACKSON MS 39201
Jeffrey H Donahue director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Andrew J Welch officer: See Remarks XENIA HOTELS & RESORTS, INC., 200 S ORANGE AVE, STE 1200, ORLANDO FL 32801
Thomas M Gartland director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Brian M Smith director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Beverly K. Goulet, director 10990 ROE AVENUE, OVERLAND PARK KS 66211
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170