SiteMinder (ASX:SDR) Effective Interest Rate on Debt % : 0.98% (As of Dec. 2023)

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What is SiteMinder 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. SiteMinder's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.1 Mil. SiteMinder's average total debt for the quarter that ended in Dec. 2023 was A$12.5 Mil. Therefore, SiteMinder's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.98%.

SiteMinder Effective Interest Rate on Debt % Historical Data

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

SiteMinder Annual Data

Trend

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

0.07

0.92

SiteMinder Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	2.83	-0.59	0.16	1.73	0.98

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

For the Travel Services subindustry, SiteMinder'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.

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

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

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

SiteMinder Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.116	/	( (12.63	+	12.579)	/ 2 )
=	-1 * -0.116	/	12.6045
=	0.92 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.913	+	2.717
=	12.63

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.487	+	4.092
=	12.579

SiteMinder'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 * -0.122	/	( (12.579	+	12.329)	/ 2 )
=	-1 * -0.122	/	12.454
=	0.98 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.487	+	4.092
=	12.579

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.927	+	5.402
=	12.329

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.

SiteMinder (ASX:SDR) Effective Interest Rate on Debt % Explanation

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

SiteMinder Effective Interest Rate on Debt % Related Terms

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SiteMinder (ASX:SDR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SDRMF:USA

Address

30 Windmill Street, Bond Store 3, Millers Point, Sydney, NSW, AUS, 2000

Website

https://www.siteminder.com

SiteMinder Ltd provides hotel commerce platform services. It helps hotels to sell, market, manage, and grow their business from one place. Geographically, it derives a majority of revenue from the Asia Pacific region and also has a presence in Europe, the Middle East and Africa, and the Americas. Some of its products include a Hotel channel manager; Hotel booking engine; Hotel website builder; Hotel business intelligence and others. The Group operates within one business segment, being the operation of an online hotel booking platform assisting accommodation providers in gaining more online bookings and managing their online room distribution.

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