Glacier Media (Glacier Media) Effective Interest Rate on Debt % : 503.08% (As of Dec. 2023)

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What is Glacier Media 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. Glacier Media's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $57.2 Mil. Glacier Media's average total debt for the quarter that ended in Dec. 2023 was $11.4 Mil. Therefore, Glacier Media's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 503.08%.

Glacier Media Effective Interest Rate on Debt % Historical Data

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

Glacier Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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9.17

10.46

9.58

12.14

127.97

Glacier Media Quarterly Data
	Mar19	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															14.91	6.84	12.14	13.10	503.08

Competitive Comparison of Glacier Media's Effective Interest Rate on Debt %

For the Publishing subindustry, Glacier Media'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.

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

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

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

Glacier Media Effective Interest Rate on Debt % Calculation

Glacier Media'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 * -15.452	/	( (13.1	+	11.049)	/ 2 )
=	-1 * -15.452	/	12.0745
=	127.97 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.415	+	2.685
=	13.1

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.548	+	7.501
=	11.049

Glacier Media'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 * -57.228	/	( (11.702	+	11.049)	/ 2 )
=	-1 * -57.228	/	11.3755
=	503.08 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.003	+	7.699
=	11.702

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.548	+	7.501
=	11.049

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.

Glacier Media (OTCPK:GLMFF) Effective Interest Rate on Debt % Explanation

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

Glacier Media Effective Interest Rate on Debt % Related Terms

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Glacier Media (Glacier Media) Business Description

Industry

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

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GVC:Canada

Address

2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1

Website

https://www.glaciermedia.ca

Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.