Hannover House (Hannover House) Effective Interest Rate on Debt % : 26.62% (As of Dec. 2020)

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What is Hannover House 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. Hannover House's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was $0.32 Mil. Hannover House's average total debt for the quarter that ended in Dec. 2020 was $1.20 Mil. Therefore, Hannover House's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 26.62%.

Hannover House Effective Interest Rate on Debt % Historical Data

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

Hannover House Annual Data

Trend

Dec14

Dec15

Dec20

Effective Interest Rate on Debt %

0.41

26.62

Hannover House Semi-Annual Data
	Dec14	Dec15	Dec20
Effective Interest Rate on Debt %	-	0.41	26.62

Competitive Comparison of Hannover House's Effective Interest Rate on Debt %

For the Entertainment subindustry, Hannover House'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.

Hannover House's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

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

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

Hannover House Effective Interest Rate on Debt % Calculation

Hannover House's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2015 )	+	Total Debt (A: Dec. 2020 ))	/ count )
=	-1 * -0.32	/	( (1.212	+	1.192)	/ 2 )
=	-1 * -0.32	/	1.202
=	26.62 %

where

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.151	+	1.061
=	1.212

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.109	+	1.083
=	1.192

Hannover House's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2015 )	+	Total Debt (Q: Dec. 2020 ))	/ count )
=	-1 * -0.32	/	( (1.212	+	1.192)	/ 2 )
=	-1 * -0.32	/	1.202
=	26.62 %

where

	Total Debt (Q: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.151	+	1.061
=	1.212

	Total Debt (Q: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.109	+	1.083
=	1.192

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

Hannover House (OTCPK:HHSE) Effective Interest Rate on Debt % Explanation

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

Hannover House Effective Interest Rate on Debt % Related Terms

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Hannover House (Hannover House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hannover House Inc (OTCPK:HHSE) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.hannoverhouse.com

Hannover House Inc is a service media company, specializing in the production and distribution of feature films for theaters, home videos, and video-on-demand formats for the North American retail marketplace. It is mainly focused on the literary and book-publishing industries. It is particularly noted for its successes in placing DVD titles within mass merchandisers and keychain stores. Retailers carrying Hannover products include independently owned and operated retail video stores, and mass merchants and retailers.

Executives