DGTL Holdings (TSXV:DGTL) Effective Interest Rate on Debt % : 27.22% (As of Feb. 2024)

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What is DGTL Holdings 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. DGTL Holdings's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was C$0.28 Mil. DGTL Holdings's average total debt for the quarter that ended in Feb. 2024 was C$1.01 Mil. Therefore, DGTL Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 27.22%.

DGTL Holdings Effective Interest Rate on Debt % Historical Data

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

DGTL Holdings Annual Data

Trend

May19

May20

May21

May22

May23

Effective Interest Rate on Debt %

1.04

17.84

11.33

18.97

DGTL Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															15.14	25.67	16.88	17.07	27.22

Competitive Comparison of DGTL Holdings's Effective Interest Rate on Debt %

For the Internet Content & Information subindustry, DGTL Holdings'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.

DGTL Holdings's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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

DGTL Holdings Effective Interest Rate on Debt % Calculation

DGTL Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2022 )	+	Total Debt (A: May. 2023 ))	/ count )
=	-1 * -0.244	/	( (1.276	+	1.297)	/ 2 )
=	-1 * -0.244	/	1.2865
=	18.97 %

where

	Total Debt (A: May. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.276	+	0
=	1.276

	Total Debt (A: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.23	+	0.067
=	1.297

DGTL Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -0.276	/	( (1.408	+	0.62)	/ 2 )
=	-1 * -0.276	/	1.014
=	27.22 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.341	+	0.067
=	1.408

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.553	+	0.067
=	0.62

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 (Feb. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

DGTL Holdings (TSXV:DGTL) Effective Interest Rate on Debt % Explanation

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

DGTL Holdings Effective Interest Rate on Debt % Related Terms

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DGTL Holdings (TSXV:DGTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DGTL Holdings Inc (TSXV:DGTL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DGTHF:USA D0G:Germany

Address

1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9

Website

https://www.dgtlinc.com

DGTL Holdings Inc is a disruptive digital media and advertising technology company, powered by artificial intelligence. The company engaged in accelerating fully commercialized enterprise-level software-as-a-service companies via a blend of unique capitalization structures, including investment, mergers, and acquisitions, earnouts, and licensing structures. The Company has one reportable operating segment Engagement Labs Inc., an enterprise-level social intelligence technology company located in Canada.

Executives

John David Alexander Belfontaine

10% Security Holder, Director, Senior Officer

DGTL Holdings (TSXV:DGTL) Headlines

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