Sun International (Sun International) Effective Interest Rate on Debt % : 9.53% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Sun 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. Sun International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $37.8 Mil. Sun International's average total debt for the quarter that ended in Dec. 2023 was $396.5 Mil. Therefore, Sun International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.53%.

Sun International Effective Interest Rate on Debt % Historical Data

The historical data trend for Sun 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.

* Premium members only.

Sun International Effective Interest Rate on Debt % Chart

Sun International Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.62

6.53

7.47

7.20

8.64

Sun International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.61	6.87	7.21	7.94	9.53

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

For the Resorts & Casinos subindustry, Sun 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.

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

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

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

Sun International Effective Interest Rate on Debt % Calculation

Sun 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 * -35.529	/	( (431.25	+	391.406)	/ 2 )
=	-1 * -35.529	/	411.328
=	8.64 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	342.245	+	89.005
=	431.25

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	266.036	+	125.37
=	391.406

Sun International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -37.782	/	( (401.551	+	391.406)	/ 2 )
=	-1 * -37.782	/	396.4785
=	9.53 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	302.11	+	99.441
=	401.551

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	266.036	+	125.37
=	391.406

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sun International (OTCPK:SVUFF) Effective Interest Rate on Debt % Explanation

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

Sun International Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Sun International's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sun International (Sun International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sun International Ltd (OTCPK:SVUFF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SUI:South Africa RY1B:Germany

Address

6 Sandown Valley Crescent, Sandton, PO Box 782121, Gauteng, Johannesburg, ZAF, 2196

Website

https://www.suninternational.com

Sun International Ltd is a resorts and casinos company. The business operates or has an interest in numerous resorts, luxury hotels, and casinos. Sun International has numerous business segments as it breaks out its revenue by resort. These segments include, but are not limited to, GrandWest, Sun City, Sibaya, Carnival City, Boardwalk, Wild Coast, Monticello, Meropa, Flamingo, and Golden Valley. The company has global operations with resorts primarily in Africa, and it earns the vast majority of its revenue in South Africa.

Sun International (Sun International) Headlines

No Headlines