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B2Digital (B2Digital) Effective Interest Rate on Debt % : 43.89% (As of Dec. 2022)


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What is B2Digital 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. B2Digital's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $4.43 Mil. B2Digital's average total debt for the quarter that ended in Dec. 2022 was $10.09 Mil. Therefore, B2Digital's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 43.89%.


B2Digital Effective Interest Rate on Debt % Historical Data

The historical data trend for B2Digital'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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B2Digital Effective Interest Rate on Debt % Chart

B2Digital Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar19 Mar20 Mar21 Mar22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.57 17.72 27.75 32.79

B2Digital Quarterly Data
Sep07 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 22.78 44.95 43.17 51.41 43.89

Competitive Comparison of B2Digital's Effective Interest Rate on Debt %

For the Leisure subindustry, B2Digital'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.


B2Digital's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, B2Digital's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where B2Digital's Effective Interest Rate on Debt % falls into.



B2Digital Effective Interest Rate on Debt % Calculation

B2Digital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2021 )+Total Debt  (A: Mar. 2022 ))/ count )
=-1  *  -1.604/( (2.936+6.846)/ 2 )
=-1  *  -1.604/4.891
=32.79 %

where

Total Debt  (A: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.425 + 1.511
=2.936

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.378 + 6.468
=6.846

B2Digital's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -4.428/( (9.977+10.2)/ 2 )
=-1  *  -4.428/10.0885
=43.89 %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.281 + 9.696
=9.977

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.05 + 10.15
=10.2

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


B2Digital  (OTCPK:BTDG) Effective Interest Rate on Debt % Explanation

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


B2Digital Effective Interest Rate on Debt % Related Terms

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B2Digital (B2Digital) Business Description

Traded in Other Exchanges
N/A
Address
4522 West Village Drive, Suite 215, Tampa, FL, USA, 33624
B2Digital Inc is a full-service live event sports company. It creates and develops Minor League champions that will move on to the MMA Major Leagues from the B2FS, B2 Fighting Series. B2 Digital is also developing the Systems and Technologies for Event Management, Digital Ticketing Sales, Digital Video Distribution, Digital Marketing, PPV, Fighter Management, Merchandise Sales, Brand Management and Financial Control Systems.
Executives
Andrew Georgens director 14426 W. MORNING STAR TRAIL, SURPRISE AZ 85374
Hugh Darryl Metz director 1519 GREENBRIER DR., VAN ALSTYNE TX 75495-7080
Gregory Phelps Bell director, 10 percent owner, officer: Chairman and CEO 4522 W. VILLAGE DR., TAMPA FL 33624
B2 Management Group, Llc 10 percent owner 4522 W. VILLAGE DR., TAMPA FL 33624
Richard O Weed other: option holder 4695 MACARTHUR COURT STE 1430, NEWPORT BEACH CA 92660
Paul Labarre director, 10 percent owner, officer: Chief Operation Officer 1030 S MESA DRIVE, MESA AZ 85210
Robert Charles Russell director, 10 percent owner, officer: Chief Executive Officer 9171 WILSHIRE BLVD, STE B, BEVERLY HILLS CA 90210
Marcia A Pearlstein director, 10 percent owner, officer: Acting Chief Financial Officer 9171 WILSHIRE BLVD, STE B, BEVERLY HILLS CA 90210
Igor Loginov director 9171 WILSHIRE BLVD, BEVERLY HILLS CA 90210
Dennis H Johnston director, officer: Secretary 2722 LOKER AVE W, CARLSBAD CA 92008