Las Vegasnds (BUE:LVS) Effective Interest Rate on Debt % : 7.29% (As of Mar. 2024)

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What is Las Vegasnds 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. Las Vegasnds's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ARS613,340 Mil. Las Vegasnds's average total debt for the quarter that ended in Mar. 2024 was ARS8,411,621 Mil. Therefore, Las Vegasnds's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.29%.

Las Vegasnds Effective Interest Rate on Debt % Historical Data

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

Las Vegasnds Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.48

4.51

4.76

5.64

7.63

Las Vegasnds 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															5.90	5.98	6.50	5.43	7.29

Competitive Comparison of Las Vegasnds's Effective Interest Rate on Debt %

For the Resorts & Casinos subindustry, Las Vegasnds'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.

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

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

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

Las Vegasnds Effective Interest Rate on Debt % Calculation

Las Vegasnds'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 * -295298	/	( (2678711.626	+	5064469.005)	/ 2 )
=	-1 * -295298	/	3871590.3155
=	7.63 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2338214.485	+	340497.141
=	2678711.626

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4378569.004	+	685900.001
=	5064469.005

Las Vegasnds'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 * -613340.012	/	( (5064469.005	+	11758772.7)	/ 2 )
=	-1 * -613340.012	/	8411620.8525
=	7.29 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4378569.004	+	685900.001
=	5064469.005

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10037545.171	+	1721227.529
=	11758772.7

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.

Las Vegasnds (BUE:LVS) Effective Interest Rate on Debt % Explanation

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

Las Vegasnds Effective Interest Rate on Debt % Related Terms

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Las Vegasnds (BUE:LVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Las Vegas Sands Corp (BUE:LVS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LVS:USA LVS:Mexico LCR:Germany LCR:Germany L1VS34:Brazil

Address

5500 Haven Street, Las Vegas, NV, USA, 89119

Website

https://www.sands.com

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.