Arts Alliance GK (WAR:AAS) Effective Interest Rate on Debt % : -62.62% (As of Dec. 2023)

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What is Arts Alliance GK 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. Arts Alliance GK's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was zł-0.94 Mil. Arts Alliance GK's average total debt for the quarter that ended in Dec. 2023 was zł1.50 Mil. Therefore, Arts Alliance GK's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -62.62%.

Arts Alliance GK Effective Interest Rate on Debt % Historical Data

The historical data trend for Arts Alliance GK'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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Arts Alliance GK Effective Interest Rate on Debt % Chart

Arts Alliance GK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.72

3.56

3.23

3.37

1.74

Arts Alliance GK 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															-379.38	1.62	9.67	90.43	-62.62

Competitive Comparison of Arts Alliance GK's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, Arts Alliance GK'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.

Arts Alliance GK's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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

Arts Alliance GK Effective Interest Rate on Debt % Calculation

Arts Alliance GK'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 * -0.026	/	( (1.48	+	1.504)	/ 2 )
=	-1 * -0.026	/	1.492
=	1.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.48
=	1.48

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.504
=	1.504

Arts Alliance GK'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 * 0.94	/	( (1.498	+	1.504)	/ 2 )
=	-1 * 0.94	/	1.501
=	-62.62 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.498
=	1.498

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.504
=	1.504

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.

Arts Alliance GK (WAR:AAS) Effective Interest Rate on Debt % Explanation

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

Arts Alliance GK Effective Interest Rate on Debt % Related Terms

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Arts Alliance GK (WAR:AAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Arts Alliance GK SA (WAR:AAS) » Definitions » Effective Interest Rate on Debt %

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Address

Izbicka Street 28a, Warsaw, POL, 04-838

Website

http://www.artsalliance.pl

Arts Alliance GK SA is a Poland based company that is engaged in producing games as well as developing technology B2B projects. Along with its subsidiaries, it is engaged in developing B2B platform in Business Travel area to support its clients in booking hotels by algorithms solutions. In the game producing segment, it invests in potential small games developers as well as produce the most valuable games for all types of platforms like iOS, Android, Windows Mobile or Steam platforms.

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