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PLAYSTUDIOS (PLAYSTUDIOS) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is PLAYSTUDIOS 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. PLAYSTUDIOS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. PLAYSTUDIOS's average total debt for the quarter that ended in Dec. 2023 was $10.3 Mil. Therefore, PLAYSTUDIOS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


PLAYSTUDIOS Effective Interest Rate on Debt % Historical Data

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

PLAYSTUDIOS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - - -11.86 -

PLAYSTUDIOS Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

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

For the Electronic Gaming & Multimedia subindustry, PLAYSTUDIOS'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.


PLAYSTUDIOS's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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



PLAYSTUDIOS Effective Interest Rate on Debt % Calculation

PLAYSTUDIOS'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/( (16.231+9.935)/ 2 )
=-1  *  0/13.083
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.66 + 4.571
=16.231

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.699 + 4.236
=9.935

PLAYSTUDIOS'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (10.764+9.935)/ 2 )
=-1  *  0/10.3495
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.545 + 4.219
=10.764

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.699 + 4.236
=9.935

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


PLAYSTUDIOS  (NAS:MYPS) Effective Interest Rate on Debt % Explanation

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


PLAYSTUDIOS Effective Interest Rate on Debt % Related Terms

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PLAYSTUDIOS (PLAYSTUDIOS) Business Description

Traded in Other Exchanges
N/A
Address
10150 Covington Cross Drive, Las Vegas, NV, USA, 89144
PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company's games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore, and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sale of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games.
Executives
Joel Agena officer: Vice President, Legal Counsel C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Scott Edward Peterson officer: Chief Financial Officer C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Andrew S Pascal director, 10 percent owner, officer: Chairman and CEO C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Jason Krikorian director C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Judy K Mencher director C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Steven J Zanella director 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
James Murren director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Hyman Joseph Horowitz director C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Activision Publishing, Inc. 10 percent owner 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Entertainment Holdings, Inc. 10 percent owner 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Blizzard, Inc. 10 percent owner 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Resorts International Mgm 10 percent owner 3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109
William Hornbuckle director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Andrew E Zobler director LAZARD FRERES REAL ESTATE INVESTORS LLC, 30 ROCKEFELLER PLZA 50TH FL, NEW YORK NY 10020
Acies Acquisition Llc 10 percent owner 1219 MORNINGSIDE DRIVE SUITE 110, MANHATTAN BEACH CA 90266