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Mondee Holdings (Mondee Holdings) Effective Interest Rate on Debt % : 23.77% (As of Mar. 2024)


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What is Mondee Holdings 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. Mondee Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $39.7 Mil. Mondee Holdings's average total debt for the quarter that ended in Mar. 2024 was $167.1 Mil. Therefore, Mondee Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 23.77%.


Mondee Holdings Effective Interest Rate on Debt % Historical Data

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

Mondee Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
12.23 12.57 12.74 17.43

Mondee Holdings Quarterly Data
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 22.67 21.84 22.33 2.54 23.77

Competitive Comparison of Mondee Holdings's Effective Interest Rate on Debt %

For the Travel Services subindustry, Mondee Holdings'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.


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

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

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



Mondee Holdings Effective Interest Rate on Debt % Calculation

Mondee Holdings'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  *  -26.4/( (137.24+165.61)/ 2 )
=-1  *  -26.4/151.425
=17.43 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=128.858 + 8.382
=137.24

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.583 + 12.027
=165.61

Mondee Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -39.728/( (165.61+168.668)/ 2 )
=-1  *  -39.728/167.139
=23.77 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.583 + 12.027
=165.61

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=157.002 + 11.666
=168.668

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


Mondee Holdings  (NAS:MOND) Effective Interest Rate on Debt % Explanation

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


Mondee Holdings Effective Interest Rate on Debt % Related Terms

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Mondee Holdings (Mondee Holdings) Business Description

Traded in Other Exchanges
Address
10800 Pecan Park Blvd., Suite 315, Austin, TX, USA, 78750
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. It provides platform technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. It has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment (transactional business serving the end travelers directly or through travel affiliates) consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.
Executives
Jeff Clarke director COMPUTER ASSOCIATES INTERNATIONAL INC, ONE COMPUTER ASSOCIATES PLAZA, ISLANDA NY 11746
Prasad Gundumogula director, 10 percent owner, officer: Chief Executive Officer 2213 VENETIAN SKY DRIVE, LEANDER TX 78641
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Orestes Fintiklis director, 10 percent owner, officer: Chief Executive Officer 555 MADISON AVENUE, SUITE 11A, NEW YORK NY 10002
Venkat Pasupuleti officer: Chief Technology Officer 2856 CHRONICLE AVENUE, HAYWARD CA 94542
Meredith Waters officer: General Counsel 2616 MARIA ANNA RD., AUSTIN TX 78703
Jesus Portillo officer: Chief Financial Officer 10800 PECAN PARK BLVD, SUITE 315, AUSTIN TX 78750
Madhuri Pasam other: Spouse of 10% Owner 2213 VENETIAN SKY DR, LEANDER TX 78641
Jeffrey David Young 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Origami Capital Partners Llc 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Fly Ocp Llc 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Mondee Holdings, Llc 10 percent owner 2000 ALAMEDA DE LAS PULGAS, SUITE 125, SAN MATEO CA 94403
Noor Sweid director 17 STATE STREET, 21ST FLOOR, NEW YORK CA 10004
Roopa Purushothaman director ASHOK TOWERS, DWING, 003/004 DR B AMBEDKAR MARG PAREL, MUMBAI K7 400012
James Dullum officer: Chief Operating Officer 8800 SOUTH TROPICAL TRAIL, MERRITT ISLAND FL 32952