The Azur Selection (XPAR:MLAZR) Effective Interest Rate on Debt % : 4.16% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is The Azur Selection 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. The Azur Selection's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.58 Mil. The Azur Selection's average total debt for the quarter that ended in Dec. 2023 was €14.02 Mil. Therefore, The Azur Selection's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.16%.

The Azur Selection Effective Interest Rate on Debt % Historical Data

The historical data trend for The Azur Selection'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.

The Azur Selection Effective Interest Rate on Debt % Chart

The Azur Selection Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.28

0.32

0.83

2.19

The Azur Selection Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			0.13	1.27	0.04	1.13	4.16

Competitive Comparison of The Azur Selection's Effective Interest Rate on Debt %

For the Lodging subindustry, The Azur Selection'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.

The Azur Selection's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

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

The Azur Selection Effective Interest Rate on Debt % Calculation

The Azur Selection'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 * -0.361	/	( (14.854	+	18.116)	/ 2 )
=	-1 * -0.361	/	16.485
=	2.19 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.022	+	0.832
=	14.854

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.454	+	0.662
=	18.116

The Azur Selection'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 * -0.584	/	( (9.929	+	18.116)	/ 2 )
=	-1 * -0.584	/	14.0225
=	4.16 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.27	+	0.659
=	9.929

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.454	+	0.662
=	18.116

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.

The Azur Selection (XPAR:MLAZR) Effective Interest Rate on Debt % Explanation

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

The Azur Selection Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of The Azur Selection's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Azur Selection (XPAR:MLAZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Azur Selection SA (XPAR:MLAZR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Stratarchou Alexandrou Papagou Str., Voula, GRC, 16673

Website

https://www.azurselection.com

The Azur Selection SA is a real estate investment company, with interests in hospitality in Greece and the South of France. Its objective is to progressively become a majorly holding company in the field of hotel and hospitality investments and real estate both in Greece and France by providing excellent hospitality services and offering a range of special experiences to its customers.

The Azur Selection (XPAR:MLAZR) Headlines

No Headlines