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Ramallah Summer Resorts Co (XPAE:RSR) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)


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What is Ramallah Summer Resorts Co 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. Ramallah Summer Resorts Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was JOD0.00 Mil. Ramallah Summer Resorts Co's average total debt for the quarter that ended in Sep. 2024 was JOD0.04 Mil. Therefore, Ramallah Summer Resorts Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.


Ramallah Summer Resorts Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Ramallah Summer Resorts Co'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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Ramallah Summer Resorts Co Effective Interest Rate on Debt % Chart

Ramallah Summer Resorts Co 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 0.30 0.30 0.32 0.36 7.41

Ramallah Summer Resorts Co 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 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 7.27 8.12 7.72 9.13 -

Competitive Comparison of Ramallah Summer Resorts Co's Effective Interest Rate on Debt %

For the Lodging subindustry, Ramallah Summer Resorts Co'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.


Ramallah Summer Resorts Co's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Ramallah Summer Resorts Co's Effective Interest Rate on Debt % falls into.



Ramallah Summer Resorts Co Effective Interest Rate on Debt % Calculation

Ramallah Summer Resorts Co'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  *  -0.027/( (0.434+0.295)/ 2 )
=-1  *  -0.027/0.3645
=7.41 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.289 + 0.145
=0.434

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.037 + 0.258
=0.295

Ramallah Summer Resorts Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  0/( (0.04+0.04)/ 2 )
=-1  *  0/0.04
=0.00 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.037 + 0.003
=0.04

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.037 + 0.003
=0.04

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


Ramallah Summer Resorts Co  (XPAE:RSR) Effective Interest Rate on Debt % Explanation

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


Ramallah Summer Resorts Co Effective Interest Rate on Debt % Related Terms

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Ramallah Summer Resorts Co Business Description

Traded in Other Exchanges
N/A
Address
Arizona Building, Main Street, P.O. Box 446, Ramallah, PSE
Ramallah Summer Resorts Co is a company whose objective is to own, establish, reside, build, rent, manage, operate and maintain any hotels, pensions, sleeping hotels, houses, homes, furnished apartments for residence or easement, commercial places, shops prepared for rent, restaurants or cafes.

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