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OneSpaWorld Holdings (OneSpaWorld Holdings) Effective Interest Rate on Debt % : 7.27% (As of Mar. 2024)


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What is OneSpaWorld 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. OneSpaWorld Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $11.8 Mil. OneSpaWorld Holdings's average total debt for the quarter that ended in Mar. 2024 was $162.6 Mil. Therefore, OneSpaWorld Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.27%.


OneSpaWorld Holdings Effective Interest Rate on Debt % Historical Data

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

OneSpaWorld Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 7.14 5.87 6.89 10.76

OneSpaWorld Holdings 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 8.31 8.43 8.02 20.11 7.27

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

For the Leisure subindustry, OneSpaWorld 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.


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

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

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



OneSpaWorld Holdings Effective Interest Rate on Debt % Calculation

OneSpaWorld 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  *  -21.395/( (227.126+170.627)/ 2 )
=-1  *  -21.395/198.8765
=10.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=222.802 + 4.324
=227.126

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=168.363 + 2.264
=170.627

OneSpaWorld 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  *  -11.82/( (170.627+154.519)/ 2 )
=-1  *  -11.82/162.573
=7.27 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=168.363 + 2.264
=170.627

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=152.08 + 2.439
=154.519

* 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.


OneSpaWorld Holdings  (NAS:OSW) Effective Interest Rate on Debt % Explanation

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


OneSpaWorld Holdings Effective Interest Rate on Debt % Related Terms

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OneSpaWorld Holdings (OneSpaWorld Holdings) Business Description

Traded in Other Exchanges
Address
Pineapple Business Park, Office Number 2, P.O. Box N-624, Airport Industrial Park, Nassau, BHS
OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts worldwide. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.
Executives
Steiner Leisure Ltd director, 10 percent owner STE 104A, SAFFREY SQ, NASSAU C5 00000
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Lisa Myers director LOBOSKY MANAGEMENT CO. LTD., OFFICE #2, AIRPORT INDUSTRIAL PARK, BOX N-624, NASSAU C5 0000
Stephen Lazarus officer: See Remarks C/O STEINER MANAGEMENT SERVICES, 770 S. DIXIE HWY. #200, CORAL GABLES FL 33145
Leonard I Fluxman director, officer: Executive Chairman STEINER LEISURE LIMITED, 770 S DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Steven J Heyer director, officer: Vice Chairman 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen W. Powell director 770 S. DIXIE HIGHWAY, SUITE 200, CORAL GABLES FL 33146
Glenn Fusfield director, officer: Chief Executive Officer STEINER LEISURE LTD, 770 SOUTH DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Susan Reardon Bonner officer: Chief Commercial Officer C/O ONESPAWORLD, 770 SOUTH DIXIE HIGHWAY, CORAL GABLES FL 33146
Adam Hasiba director 770 SOUTH DIXIE HWY, SUITE 200, CORAL GABLES FL 33146
Maryam Banikarim director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Marc Magliacano director C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Nemo Investor Aggregator, Ltd 10 percent owner C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830