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. Weibo's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was $94 Mil. Weibo's average total debt for the quarter that ended in Dec. 2021 was $2,464 Mil. Therefore, Weibo's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 3.79%.
Weibo Effective Interest Rate on Debt % Historical Data
The historical data trend for Weibo'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.
|
Weibo Annual Data
|
|
Trend |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
| Effective Interest Rate on Debt % |
|
|
|
|
|
|
0.48 |
1.74 |
2.32 |
2.78 |
2.88 |
|
Weibo Quarterly Data
|
|
Mar17 |
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
| Effective Interest Rate on Debt % |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6.91 |
- |
- |
0.08 |
3.79 |
Competitive Comparison
For the Internet Content & Information subindustry, Weibo'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.
Weibo Effective Interest Rate on Debt % Distribution
For the Interactive Media industry and Communication Services sector, Weibo's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Weibo's Effective Interest Rate on Debt % falls into.
Weibo Effective Interest Rate on Debt % Calculation
Weibo's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as
| Effective Interest Rate on Debt % |
| = | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2020 ) | + | Total Debt (A: Dec. 2021 )) | / count ) |
| = | -1 * -71.006 | / | ( (2435.596 | + | 2494.917) | / 2 ) |
| = | -1 * -71.006 | / | 2465.2565 |
| = | 2.88 % |
where
Weibo's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as
| Effective Interest Rate on Debt % |
| = | -1 * Interest Expense | / | ( (Total Debt (Q: Sep. 2021 ) | + | Total Debt (Q: Dec. 2021 )) | / count ) |
| = | -1 * -93.504 | / | ( (2433.345 | + | 2494.917) | / 2 ) |
| = | -1 * -93.504 | / | 2464.131 |
| = | 3.79 % |
where
* 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. 2021) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Weibo Business Description
Traded in Other Exchanges
Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power; Alibaba holds 29.8% of shares and 15.7% voting power.
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