GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Enter Air SA (WAR:ENT) » Definitions » Effective Interest Rate on Debt %

Enter Air (WAR:ENT) Effective Interest Rate on Debt % : 4.87% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Enter Air 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. Enter Air's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was zł75 Mil. Enter Air's average total debt for the quarter that ended in Mar. 2024 was zł1,539 Mil. Therefore, Enter Air's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.87%.


Enter Air Effective Interest Rate on Debt % Historical Data

The historical data trend for Enter Air'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.

Enter Air Effective Interest Rate on Debt % Chart

Enter Air Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 7.46 8.39 6.55 3.33 4.39

Enter Air 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 3.59 4.13 4.58 4.44 4.87

Competitive Comparison of Enter Air's Effective Interest Rate on Debt %

For the Airlines subindustry, Enter Air'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.


Enter Air's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Enter Air's Effective Interest Rate on Debt % distribution charts can be found below:

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



Enter Air Effective Interest Rate on Debt % Calculation

Enter Air'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  *  -65.873/( (1462.832+1537.841)/ 2 )
=-1  *  -65.873/1500.3365
=4.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1090.141 + 372.691
=1462.832

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1088.338 + 449.503
=1537.841

Enter Air'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  *  -74.916/( (1537.841+1540.907)/ 2 )
=-1  *  -74.916/1539.374
=4.87 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1088.338 + 449.503
=1537.841

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1024.933 + 515.974
=1540.907

* 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.


Enter Air  (WAR:ENT) Effective Interest Rate on Debt % Explanation

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


Enter Air Effective Interest Rate on Debt % Related Terms

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


Enter Air (WAR:ENT) Business Description

Industry
Traded in Other Exchanges
Address
ul. 17 Stycznia 45 B, Ok?cie Business Park, Zephirus building, Warszawa, POL, 02-146
Enter Air SA is a polish charter airline. The Company has six permanent operational bases in Europe.

Enter Air (WAR:ENT) Headlines

No Headlines