Groupe Partouche (XPAR:PARP) Effective Interest Rate on Debt % : 3.04% (As of Oct. 2023)

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What is Groupe Partouche 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. Groupe Partouche's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was €8.2 Mil. Groupe Partouche's average total debt for the quarter that ended in Oct. 2023 was €269.1 Mil. Therefore, Groupe Partouche's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 3.04%.

Groupe Partouche Effective Interest Rate on Debt % Historical Data

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

Groupe Partouche Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Effective Interest Rate on Debt %

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2.31

2.19

1.82

1.86

2.81

Groupe Partouche Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.70	1.91	2.20	2.62	3.04

Competitive Comparison of Groupe Partouche's Effective Interest Rate on Debt %

For the Resorts & Casinos subindustry, Groupe Partouche'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.

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

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

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

Groupe Partouche Effective Interest Rate on Debt % Calculation

Groupe Partouche's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2022 )	+	Total Debt (A: Oct. 2023 ))	/ count )
=	-1 * -7.671	/	( (277.655	+	269.289)	/ 2 )
=	-1 * -7.671	/	273.472
=	2.81 %

where

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	238.78	+	38.875
=	277.655

	Total Debt (A: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	229.995	+	39.294
=	269.289

Groupe Partouche's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Apr. 2023 )	+	Total Debt (Q: Oct. 2023 ))	/ count )
=	-1 * -8.19	/	( (268.849	+	269.289)	/ 2 )
=	-1 * -8.19	/	269.069
=	3.04 %

where

	Total Debt (Q: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	230.908	+	37.941
=	268.849

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	229.995	+	39.294
=	269.289

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 two times the semi-annual (Oct. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Groupe Partouche (XPAR:PARP) Effective Interest Rate on Debt % Explanation

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

Groupe Partouche Effective Interest Rate on Debt % Related Terms

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Groupe Partouche (XPAR:PARP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Groupe Partouche (XPAR:PARP) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

PZ21:Germany

Address

141 bis, Rue de Saussure, Paris, FRA, 75017

Website

https://www.groupepartouche.com

Groupe Partouche is a France-based company that owns and operates casinos and Hotels. It conducts its activities in France, Belgium, and Switzerland. The games that the company provides include Boule, Texas Hold'em poker, and electronic roulette and slot machines. The company's segments are divided into Casinos, Hotels, and Other Activities. The Casino division, comprises gaming, catering, and entertainment, the Hotel division, comprises accommodation and hospitality services. The majority of the revenue is generated from the Casinos segment. The group also operates in the rest of Europe and at the international level.

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