Vail Resorts (Vail Resorts) Effective Interest Rate on Debt % : 5.18% (As of Jan. 2024)

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What is Vail Resorts 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. Vail Resorts's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $156 Mil. Vail Resorts's average total debt for the quarter that ended in Jan. 2024 was $3,002 Mil. Therefore, Vail Resorts's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 5.18%.

Vail Resorts Effective Interest Rate on Debt % Historical Data

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

Vail Resorts Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

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5.50

4.96

5.24

4.92

5.13

Vail Resorts Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.80	5.10	5.29	5.40	5.18

Competitive Comparison of Vail Resorts's Effective Interest Rate on Debt %

For the Resorts & Casinos subindustry, Vail Resorts'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.

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

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

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

Vail Resorts Effective Interest Rate on Debt % Calculation

Vail Resorts's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -153.022	/	( (2942.834	+	3025.065)	/ 2 )
=	-1 * -153.022	/	2983.9495
=	5.13 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2844.867	+	97.967
=	2942.834

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2919.001	+	106.064
=	3025.065

Vail Resorts's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -155.54	/	( (3005.49	+	2998.214)	/ 2 )
=	-1 * -155.54	/	3001.852
=	5.18 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2897.499	+	107.991
=	3005.49

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2890.314	+	107.9
=	2998.214

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

Vail Resorts (NYSE:MTN) Effective Interest Rate on Debt % Explanation

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

Vail Resorts Effective Interest Rate on Debt % Related Terms

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Vail Resorts (Vail Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Vail Resorts Inc (NYSE:MTN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

MTN:Mexico VAI:Germany VAI:Germany

Address

390 Interlocken Crescent, Broomfield, CO, USA, 80021

Website

https://www.vailresorts.com

Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

Executives

Hilary Schneider	director	C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
William Rock	officer: President, Mountain Division	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Angela A Korch	officer: EVP & Chief Financial Officer	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Michael Z Barkin	officer: EVP & Chief Financial Officer	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
John F Sorte	director	VAIL RESORTS INC, PO BOX 7, VAIL CO 89658
Robert A Katz	director, officer: Chief Exec.Officer & Chairman	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan Bennett	officer: SVP & Chief Marketing Officer	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Nathan Mark Gronberg	officer: VP, Controller & CAO	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Peter A Vaughn	director	390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
James C. O'donnell	officer: EVP, Hospitality, Retail & RE	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
David T Shapiro	officer: EVP, General Counsel & Sec.	601 HAWAII ST., EL SEGUNDO CA 90245
Kirsten A. Lynch	officer: EVP & Chief Marketing Officer	390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Gregory Jon Sullivan	officer: SVP, Retail & Hospitality	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Patricia A Campbell	officer: President-Mountain Division	390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan H Siurek	officer: VP, Controller & CAO	6200 SPRINT PARKWAY, OVERLAND PARK KS 66251