>
Switch to:

WiMi Hologram Cloud Effective Interest Rate on Debt %

: 0.00% (As of Jun. 2020)
View and export this data going back to 2020. Start your Free Trial

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. WiMi Hologram Cloud's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $0.00 Mil. WiMi Hologram Cloud's average total debt for the quarter that ended in Jun. 2020 was $12.41 Mil. Therefore, WiMi Hologram Cloud's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 0.00%.


WiMi Hologram Cloud Effective Interest Rate on Debt % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

WiMi Hologram Cloud Annual Data
Dec17 Dec18 Dec19
Effective Interest Rate on Debt % 3.30 3.96 10.26

WiMi Hologram Cloud Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Effective Interest Rate on Debt % Premium Member Only 4.00 4.17 0.00 0.00 0.00

Competitive Comparison
* 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.


WiMi Hologram Cloud Effective Interest Rate on Debt % Distribution

* The bar in red indicates where WiMi Hologram Cloud's Effective Interest Rate on Debt % falls into.



WiMi Hologram Cloud Effective Interest Rate on Debt % Calculation

WiMi Hologram Cloud's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -1.5883200022812/( (18.559205078664+12.408001482812)/ 2 )
=-1  *  -1.5883200022812/15.483603280738
=10.26 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.559205078664 + 0
=18.559205078664

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.2866675221352 + 10.121333960677
=12.408001482812

WiMi Hologram Cloud's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2019 )+Total Debt  (Q: Jun. 2020 ))/ count )
=-1  *  0/( (12.408001482812+0)/ 1 )
=-1  *  0/12.408001482812
=0.00 %

where

Total Debt  (Q: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.2866675221352 + 10.121333960677
=12.408001482812

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 two times the semi-annual (Jun. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


WiMi Hologram Cloud  (NAS:WIMI) Effective Interest Rate on Debt % Explanation

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


WiMi Hologram Cloud Effective Interest Rate on Debt % Related Terms


WiMi Hologram Cloud Effective Interest Rate on Debt % Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)