Pandora Media (Pandora Media) Effective Interest Rate on Debt % : 10.71% (As of Sep. 2018)

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What is Pandora Media 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. Pandora Media's annualized positive value of Interest Expense for the quarter that ended in Sep. 2018 was $27 Mil. Pandora Media's average total debt for the quarter that ended in Sep. 2018 was $253 Mil. Therefore, Pandora Media's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 was 10.71%.

Pandora Media Effective Interest Rate on Debt % Historical Data

The historical data trend for Pandora Media'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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Pandora Media Effective Interest Rate on Debt % Chart

Pandora Media Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Dec14

Dec15

Dec16

Dec17

Effective Interest Rate on Debt %

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0.84

9.06

9.54

Pandora Media Quarterly Data
	Oct13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.80	10.30	10.57	10.21	10.71

Competitive Comparison of Pandora Media's Effective Interest Rate on Debt %

For the Broadcasting subindustry, Pandora Media'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.

Pandora Media's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pandora Media's Effective Interest Rate on Debt % distribution charts can be found below:

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

Pandora Media Effective Interest Rate on Debt % Calculation

Pandora Media's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2016 )	+	Total Debt (A: Dec. 2017 ))	/ count )
=	-1 * -29.335	/	( (342.247	+	273.014)	/ 2 )
=	-1 * -29.335	/	307.6305
=	9.54 %

where

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	342.247	+	0
=	342.247

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	273.014	+	0
=	273.014

Pandora Media's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2018 )	+	Total Debt (Q: Sep. 2018 ))	/ count )
=	-1 * -27.072	/	( (250.267	+	255.272)	/ 2 )
=	-1 * -27.072	/	252.7695
=	10.71 %

where

	Total Debt (Q: Jun. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	250.267	+	0
=	250.267

	Total Debt (Q: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	255.272	+	0
=	255.272

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. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Pandora Media (NYSE:P) Effective Interest Rate on Debt % Explanation

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

Pandora Media Effective Interest Rate on Debt % Related Terms

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Pandora Media (Pandora Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pandora Media Inc (NYSE:P) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.pandora.com

Pandora Medic Inc is a radio broadcasting company that offers music streaming and automated music recommendation services. Pandora allows users to listen to music selections based on the user's artist or genre preference and then provide positive or negative feedback, which is utilized by the program to choose subsequent musical selections. Pandora can be accessed through a web browser or the company's application that can be downloaded to a personal computer or mobile phone. The service is available in the United States, Australia, and New Zealand. Pandora derives the majority of its revenue in the United States.

Executives

Gregory B Maffei	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Karen Sammis Walker	officer: Chief Accounting Officer	2101 WEBSTER STREET, #1650, OAKLAND CA 94612
S Aimee Lapic	officer: Chief Marketing Officer	2101 WEBSTER ST #1650, OAKLAND CA 94612
Michael Lynton	director	2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
David J Frear	director	1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Naveen K. Chopra	officer: Chief Financial Officer	C/O 2160 GOLD STREET, SAN JOSE CA 95002
Stephen G Bene	officer: General Counsel & Secretary	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
James E Meyer	director	6922 HOLLYWOOD BLVD., 12TH FLOOR, LOS ANGELES CA 90028
Roger Lynch	director, officer: CEO & President	PANDORA MEDIA, INC., 2101 WEBSTER STREET, SUITE 1650, OAKLAND CA 94612
Liberty Media Corp	director, 10 percent owner	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Elizabeth A Nelson	director	MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Peter C Gotcher	director
James Feuille	director	TWO EMBARCADERO, SUITE 2200, SAN FRANCISCO CA 94111
Peter Chernin	director	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Crosslink Capital Inc	other: Affiliate of Director	2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025