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Team Internet Group (Team Internet Group) Effective Interest Rate on Debt % : 9.33% (As of Dec. 2023)


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What is Team Internet Group 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. Team Internet Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $16.0 Mil. Team Internet Group's average total debt for the quarter that ended in Dec. 2023 was $171.5 Mil. Therefore, Team Internet Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.33%.


Team Internet Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Team Internet Group'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.

Team Internet Group Effective Interest Rate on Debt % Chart

Team Internet Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.67 7.02 7.26 7.73 9.20

Team Internet Group Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.18 9.18 8.94 9.76 9.33

Competitive Comparison of Team Internet Group's Effective Interest Rate on Debt %

For the Internet Content & Information subindustry, Team Internet Group'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.


Team Internet Group's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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



Team Internet Group Effective Interest Rate on Debt % Calculation

Team Internet Group'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  *  -15.1/( (156.9+171.4)/ 2 )
=-1  *  -15.1/164.15
=9.20 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=149.7 + 7.2
=156.9

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150.9 + 20.5
=171.4

Team Internet Group'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  *  -16/( (171.6+171.4)/ 2 )
=-1  *  -16/171.5
=9.33 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150.8 + 20.8
=171.6

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150.9 + 20.5
=171.4

* 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.


Team Internet Group  (OTCPK:TIGXF) Effective Interest Rate on Debt % Explanation

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


Team Internet Group Effective Interest Rate on Debt % Related Terms

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Team Internet Group (Team Internet Group) Business Description

Traded in Other Exchanges
Address
44 Gutter Lane, 4th Floor, Saddlers House, London, GBR, EC2V 6BR
Team Internet Group PLC Formerly CentralNic Group PLC is a holding company, through its subsidiaries is involved in the provision of domain name services. The company provides registry services, distribution, and strategic consultancy. The business operates in two segments being Online Presence segment and Online Marketing. The Online Marketing segment creates privacy safe AI based customer journeys that help online consumers make informed choices. The Online Presence segment conducts business as a distributor of domain names through a network of channel partners as well as selling domain names and ancillary services to end users, monitoring services to protect brands online, technical and consultancy services to corporate clients.