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MediaCo Holding (MediaCo Holding) Effective Interest Rate on Debt % : 2.44% (As of Mar. 2024)


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What is MediaCo Holding 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. MediaCo Holding's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.54 Mil. MediaCo Holding's average total debt for the quarter that ended in Mar. 2024 was $22.33 Mil. Therefore, MediaCo Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.44%.


MediaCo Holding Effective Interest Rate on Debt % Historical Data

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

MediaCo Holding Annual Data
Trend Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 7.94 6.77 11.65 2.52

MediaCo Holding Quarterly Data
Aug18 Feb19 Aug19 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 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 2.49 2.16 1.63 2.20 2.44

Competitive Comparison of MediaCo Holding's Effective Interest Rate on Debt %

For the Broadcasting subindustry, MediaCo Holding'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.


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

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

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



MediaCo Holding Effective Interest Rate on Debt % Calculation

MediaCo Holding'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  *  -0.426/( (11.574+22.235)/ 2 )
=-1  *  -0.426/16.9045
=2.52 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.758 + 1.816
=11.574

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.333 + 7.902
=22.235

MediaCo Holding'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  *  -0.544/( (22.235+22.421)/ 2 )
=-1  *  -0.544/22.328
=2.44 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.333 + 7.902
=22.235

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.329 + 8.092
=22.421

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


MediaCo Holding  (NAS:MDIA) Effective Interest Rate on Debt % Explanation

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


MediaCo Holding Effective Interest Rate on Debt % Related Terms

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MediaCo Holding (MediaCo Holding) Business Description

Traded in Other Exchanges
Address
395 HUDSON STREET,, FLOOR 7, New York, NY, USA, 10014
MediaCo Holding Inc is a radio broadcasting media company operating in radio and digital advertising, premium programming and events. It has two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area. The company generates revenue from radio and outdoor advertising sales and events including sponsorships and ticket sales, licensing, and syndication.
Executives
Robert L. Greene director 1300 PENNSYLVANIA AVENUE NW, 700, WASHINGTON DC 20004
Andrew P. Glaze director C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Deborah A Mcdermott director C/O YOUNG BROADCASTING INC, 599 LEXINGTON AVE, NEW YORK NY 10022
Mary Beth Riggio director 137 SOUTH PECK, APARTMENT D, BEVERLY HILLS CA 90212
Emmis Corp director, 10 percent owner ONE EMMIS PLAZA, 40 MONUMENT CIRCLE #700, INDIANAPOLIS IN 46204
Bradford A Tobin officer: President, COO C/O STANDARD DIVERSIFIED OPPORTUNITIES, 155 MINEOLA BLVD., MINEOLA NY 11501
Ann C Beemish officer: CFO ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Rahsan Lindsay officer: CEO ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Laura Anne Lee director 267 1ST STREET, APT 1, BROOKLYN NY 11215
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright director, officer: EVP, General Counsel & Sec 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, officer: CEO
Patrick M Walsh director, officer: President, COO 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Francis Capital Management, Llc 10 percent owner 610 MAIN STREET, VENICE CA 90291