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Emmis (EMMS) Effective Interest Rate on Debt % : 4.49% (As of Feb. 2020)


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What is Emmis 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. Emmis's annualized positive value of Interest Expense for the quarter that ended in Feb. 2020 was $3.12 Mil. Emmis's average total debt for the quarter that ended in Feb. 2020 was $69.59 Mil. Therefore, Emmis's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2020 was 4.49%.


Emmis Effective Interest Rate on Debt % Historical Data

The historical data trend for Emmis'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.

Emmis Effective Interest Rate on Debt % Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.53 7.84 8.58 6.51 5.22

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 9.36 6.27 3.97 4.28 4.49

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

For the Broadcasting subindustry, Emmis'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.


Emmis's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emmis's Effective Interest Rate on Debt % distribution charts can be found below:

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



Emmis Effective Interest Rate on Debt % Calculation

Emmis's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2019 )+Total Debt  (A: Feb. 2020 ))/ count )
=-1  *  -3.821/( (80.907+65.464)/ 2 )
=-1  *  -3.821/73.1855
=5.22 %

where

Total Debt  (A: Feb. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.757 + 32.15
=80.907

Total Debt  (A: Feb. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.644 + 8.82
=65.464

Emmis's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2019 )+Total Debt  (Q: Feb. 2020 ))/ count )
=-1  *  -3.124/( (73.706+65.464)/ 2 )
=-1  *  -3.124/69.585
=4.49 %

where

Total Debt  (Q: Nov. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=65.034 + 8.672
=73.706

Total Debt  (Q: Feb. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.644 + 8.82
=65.464

* 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 (Feb. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Emmis  (OTCPK:EMMS) Effective Interest Rate on Debt % Explanation

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


Emmis Effective Interest Rate on Debt % Related Terms

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Emmis (EMMS) Business Description

Traded in Other Exchanges
N/A
Address
40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
Executives
Patrick M Walsh officer: President, COO 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Gregory T Loewen officer: President - Publishing 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, 10 percent owner, officer: Chairman,CEO, other: member of 10% 13(d) group
J. Scott Enright officer: EVP, Gen Counsel & Secretary 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Greg Nathanson director
Lawrence B Sorrel director
Peter A Lund director 236 LOCHA DRIVE, JUPITER FL 33458
Susan B Bayh director WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Richard A Leventhal director
Paul V. Brenner officer: President 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Gary L Kaseff director
Richard F Cummings officer: Radio Division President
Herbert Simon other: Member of 10% owner 13d group 115 W WASHINGTON ST, INDIANAPOLIS IN 46204

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