Webjet (ASX:WEB) Effective Interest Rate on Debt % : 16.11% (As of Mar. 2024)

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What is Webjet 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. Webjet's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was A$38.8 Mil. Webjet's average total debt for the quarter that ended in Mar. 2024 was A$240.9 Mil. Therefore, Webjet's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 16.11%.

Webjet Effective Interest Rate on Debt % Historical Data

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

Webjet Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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8.16

8.12

7.47

10.10

16.00

Webjet Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.49	8.23	14.42	15.74	16.11

Competitive Comparison of Webjet's Effective Interest Rate on Debt %

For the Travel Services subindustry, Webjet'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.

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

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

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

Webjet Effective Interest Rate on Debt % Calculation

Webjet's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -38.4	/	( (240.4	+	239.5)	/ 2 )
=	-1 * -38.4	/	239.95
=	16.00 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	238	+	2.4
=	240.4

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	236	+	3.5
=	239.5

Webjet'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: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -38.8	/	( (242.3	+	239.5)	/ 2 )
=	-1 * -38.8	/	240.9
=	16.11 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	242.3
=	242.3

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	236	+	3.5
=	239.5

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Webjet (ASX:WEB) Effective Interest Rate on Debt % Explanation

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

Webjet Effective Interest Rate on Debt % Related Terms

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Webjet (ASX:WEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Webjet Ltd (ASX:WEB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

WBJ:Germany

Address

509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004

Website

https://www.webjetlimited.com

Webjet provides online travel bookings across Europe, Asia Pacific, the Middle East, and Africa. The group operates in both the business to consumer, or B2C, and business to business, or B2B, segments. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second largest B2B accommodation booking provider despite only a circa 4% market share of the fragmented AUD 70 billion global B2B accommodation market. The company's B2C units, Webjet Online Travel Agent, or OTA, and GoSee allow retail customers to book flights, hotel accommodation, holiday packages, travel insurance, rental cars and caravans online.