GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » OOOOO Entertainment Commerce Ltd (OTCPK:OOOOF) » Definitions » Effective Interest Rate on Debt %

OOOOO Entertainment Commerce (OOOOO Entertainment Commerce) Effective Interest Rate on Debt % : 10.22% (As of Jul. 2023)


View and export this data going back to 2021. Start your Free Trial

What is OOOOO Entertainment Commerce 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. OOOOO Entertainment Commerce's annualized positive value of Interest Expense for the quarter that ended in Jul. 2023 was $0.14 Mil. OOOOO Entertainment Commerce's average total debt for the quarter that ended in Jul. 2023 was $1.41 Mil. Therefore, OOOOO Entertainment Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 was 10.22%.

OOOOO Entertainment Commerce Effective Interest Rate on Debt % Historical Data

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Effective Interest Rate on Debt % Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.71

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 9.82 9.47 10.27 9.50 10.22

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

For the Internet Content & Information subindustry, OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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


OOOOO Entertainment Commerce Effective Interest Rate on Debt % Calculation

OOOOO Entertainment Commerce's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2021 )+Total Debt  (A: Oct. 2022 ))/ count )
=-1  *  -0.137/( (0+1.279)/ 1 )
=-1  *  -0.137/1.279
=10.71 %

where

Total Debt  (A: Oct. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.196 + 0.083
=1.279

OOOOO Entertainment Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2023 )+Total Debt  (Q: Jul. 2023 ))/ count )
=-1  *  -0.144/( (1.41+1.408)/ 2 )
=-1  *  -0.144/1.409
=10.22 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.299 + 0.111
=1.41

Total Debt  (Q: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.292 + 0.116
=1.408

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

OOOOO Entertainment Commerce  (OTCPK:OOOOF) Effective Interest Rate on Debt % Explanation

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

OOOOO Entertainment Commerce Effective Interest Rate on Debt % Related Terms

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

OOOOO Entertainment Commerce (OOOOO Entertainment Commerce) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » OOOOO Entertainment Commerce Ltd (OTCPK:OOOOF) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
TSXV:YOO TSXV:ARD TSXV:DAR TSXV:DGTL XCNQ:SPFY XCNQ:QQ TSXV:ZOMD TSX:BBTV XCNQ:APLV GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420 PINS
Traded in Other Exchanges
OOOO:Canada
Address
C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
Website
https://www.ooooo.com
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.