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Exeo Entertainment (Exeo Entertainment) Effective Interest Rate on Debt % : 96.10% (As of Feb. 2022)


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What is Exeo Entertainment 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. Exeo Entertainment's annualized positive value of Interest Expense for the quarter that ended in Feb. 2022 was $0.16 Mil. Exeo Entertainment's average total debt for the quarter that ended in Feb. 2022 was $0.17 Mil. Therefore, Exeo Entertainment's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2022 was 96.10%.

Exeo Entertainment Effective Interest Rate on Debt % Historical Data

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

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.59 20.41 6.62 26.49 27.30

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 1.78 44.90 128.45 -59.35 96.10

Competitive Comparison of Exeo Entertainment's Effective Interest Rate on Debt %

For the Consumer Electronics subindustry, Exeo Entertainment'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.

Exeo Entertainment's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Effective Interest Rate on Debt % distribution charts can be found below:

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


Exeo Entertainment Effective Interest Rate on Debt % Calculation

Exeo Entertainment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2020 )+Total Debt  (A: Nov. 2021 ))/ count )
=-1  *  -0.055/( (0.239+0.164)/ 2 )
=-1  *  -0.055/0.2015
=27.30 %

where

Total Debt  (A: Nov. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.092 + 0.147
=0.239

Total Debt  (A: Nov. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.042 + 0.122
=0.164

Exeo Entertainment's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2021 )+Total Debt  (Q: Feb. 2022 ))/ count )
=-1  *  -0.16/( (0.164+0.169)/ 2 )
=-1  *  -0.16/0.1665
=96.10 %

where

Total Debt  (Q: Nov. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.042 + 0.122
=0.164

Total Debt  (Q: Feb. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.074 + 0.095
=0.169

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Exeo Entertainment  (OTCPK:EXEO) Effective Interest Rate on Debt % Explanation

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

Exeo Entertainment Effective Interest Rate on Debt % Related Terms

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Exeo Entertainment (Exeo Entertainment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Exeo Entertainment Inc (OTCPK:EXEO) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
GAXY TKLS MICS UTME ANDR MSN AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 TSE:6971 SZSE:002241 XKRX:066570 XKRX:003550 SZSE:002056 TSE:6753 XKRX:034220 SZSE:300866 SZSE:000050
Traded in Other Exchanges
N/A
Address
4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Website
https://www.exeoent.com
Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.
Executives
Robert Scott Amaral director, 10 percent owner, officer: CEO 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland director, 10 percent owner, officer: President 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

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