Melia Hotels International (Melia Hotels International) Effective Interest Rate on Debt % : 4.15% (As of Mar. 2024)

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What is Melia Hotels International 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. Melia Hotels International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $127 Mil. Melia Hotels International's average total debt for the quarter that ended in Mar. 2024 was $3,069 Mil. Therefore, Melia Hotels International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.15%.

Melia Hotels International Effective Interest Rate on Debt % Historical Data

The historical data trend for Melia Hotels International'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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Melia Hotels International Effective Interest Rate on Debt % Chart

Melia Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.13

2.68

2.25

2.48

3.84

Melia Hotels International 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															3.40	3.73	3.95	3.94	4.15

Competitive Comparison of Melia Hotels International's Effective Interest Rate on Debt %

For the Lodging subindustry, Melia Hotels International'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.

Melia Hotels International's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Melia Hotels International's Effective Interest Rate on Debt % falls into.

Melia Hotels International Effective Interest Rate on Debt % Calculation

Melia Hotels International'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 * -117.001	/	( (3025.718	+	3068.61)	/ 2 )
=	-1 * -117.001	/	3047.164
=	3.84 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2652.535	+	373.183
=	3025.718

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2556.613	+	511.997
=	3068.61

Melia Hotels International'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 * -127.392	/	( (3068.61	+	0)	/ 1 )
=	-1 * -127.392	/	3068.61
=	4.15 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2556.613	+	511.997
=	3068.61

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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.

Melia Hotels International (OTCPK:SMIZF) Effective Interest Rate on Debt % Explanation

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

Melia Hotels International Effective Interest Rate on Debt % Related Terms

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Melia Hotels International (Melia Hotels International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melia Hotels International SA (OTCPK:SMIZF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MELe:UK 0MKO:UK MEL:Spain MEL:Germany

Address

Gremio Toneleros, 24, Poligono Son Castello, Palma de Mallorca, Baleares, ESP, 07009

Website

https://www.melia.com

Melia Hotels International SA is a Spanish owner and operator of hotels. The company operates midscale, upscale, and premium hotels across several brands, including Sol Hotels & Resorts, Melia Hotels & Resorts, and Gran Melia. Melia may either own or lease the hotels it operates, and hotel operation contributes the majority of company revenue. In addition, hotel owners may operate hotels under a Melia brand in a franchise agreement, or can contract Melia's management services to operate the hotel on its behalf. The company generates approximately half of its revenue in Spain, and the rest from America and the EMEA region.

Melia Hotels International (Melia Hotels International) Headlines

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