Gaming Realms (LSE:GMR) Effective Interest Rate on Debt % : 20.09% (As of Dec. 2023)

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What is Gaming Realms 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. Gaming Realms's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.04 Mil. Gaming Realms's average total debt for the quarter that ended in Dec. 2023 was £0.22 Mil. Therefore, Gaming Realms's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 20.09%.

Gaming Realms Effective Interest Rate on Debt % Historical Data

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

Gaming Realms Annual Data

Trend

Sep13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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58.14

66.41

104.20

77.58

15.41

Gaming Realms Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															128.13	79.33	102.50	13.77	20.09

Competitive Comparison of Gaming Realms's Effective Interest Rate on Debt %

For the Gambling subindustry, Gaming Realms'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.

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

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

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

Gaming Realms Effective Interest Rate on Debt % Calculation

Gaming Realms'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 * -0.044	/	( (0.386	+	0.185)	/ 2 )
=	-1 * -0.044	/	0.2855
=	15.41 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.168	+	0.218
=	0.386

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.133	+	0.052
=	0.185

Gaming Realms'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.044	/	( (0.253	+	0.185)	/ 2 )
=	-1 * -0.044	/	0.219
=	20.09 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.127	+	0.126
=	0.253

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.133	+	0.052
=	0.185

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Gaming Realms (LSE:GMR) Effective Interest Rate on Debt % Explanation

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

Gaming Realms Effective Interest Rate on Debt % Related Terms

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Gaming Realms (LSE:GMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaming Realms PLC (LSE:GMR) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

PSDMF:USA GMR.GB:UK RNE1:Germany

Address

Two Valentine Place, London, GBR, SE1 8QH

Website

https://www.gamingrealms.com

Gaming Realms PLC is a gaming company. It develops, publishes and licenses next-generation mobile gaming content. The company creates and publishes real money and social games for mobile, with operations in the UK, the U.S and Canada. The group has two continuing reportable operating segments Licensing - brand and content licensing to partners in Europe and the U.S, and Social Publishing - providing freemium games to the U.S and Europe. The company's geographical segment includes the UK, including Channel Islands, the U.S and Rest of the world. It generates the majority of its revenue from Social Publishing segment.

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