China VTV (China VTV) Effective Interest Rate on Debt % : 2.81% (As of Aug. 2020)

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What is China VTV 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. China VTV's annualized positive value of Interest Expense for the quarter that ended in Aug. 2020 was $0.05 Mil. China VTV's average total debt for the quarter that ended in Aug. 2020 was $1.71 Mil. Therefore, China VTV's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2020 was 2.81%.

China VTV Effective Interest Rate on Debt % Historical Data

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

China VTV Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Effective Interest Rate on Debt %

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China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	2.80	2.81

Competitive Comparison of China VTV's Effective Interest Rate on Debt %

For the Internet Content & Information subindustry, China VTV'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.

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

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

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

China VTV Effective Interest Rate on Debt % Calculation

China VTV'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 * 0	/	( (0	+	2.303)	/ 1 )
=	-1 * 0	/	2.303
=	0.00 %

where

	Total Debt (A: Feb. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Feb. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.303
=	2.303

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2020 )	+	Total Debt (Q: Aug. 2020 ))	/ count )
=	-1 * -0.048	/	( (2.27	+	1.151)	/ 2 )
=	-1 * -0.048	/	1.7105
=	2.81 %

where

	Total Debt (Q: May. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.27
=	2.27

	Total Debt (Q: Aug. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.151
=	1.151

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

China VTV (OTCPK:CVTV) Effective Interest Rate on Debt % Explanation

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

China VTV Effective Interest Rate on Debt % Related Terms

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China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen

director, 10 percent owner, officer: See Remarks

ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

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