GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Effective Interest Rate on Debt %

ABLV (Able View Global) Effective Interest Rate on Debt % : -1.13% (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Able View Global 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. Able View Global's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $-0.1 Mil. Able View Global's average total debt for the quarter that ended in Dec. 2024 was $11.2 Mil. Therefore, Able View Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was -1.13%.

Able View Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Able View Global'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.

* Premium members only.

Able View Global Effective Interest Rate on Debt % Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
9.43 22.92 6.27 8.15 5.10

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 4.68 9.94 3.43 11.74 -1.13

Competitive Comparison of Able View Global's Effective Interest Rate on Debt %

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Able View Global's Effective Interest Rate on Debt % falls into.


;
;

Able View Global Effective Interest Rate on Debt % Calculation

Able View Global's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.403/( (4.65+11.139)/ 2 )
=-1  *  -0.403/7.8945
=5.10 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.004 + 3.646
=4.65

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.395 + 8.744
=11.139

Able View Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  0.126/( (11.23+11.139)/ 2 )
=-1  *  0.126/11.1845
=-1.13 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.819 + 8.411
=11.23

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.395 + 8.744
=11.139

* 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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Able View Global  (NAS:ABLV) Effective Interest Rate on Debt % Explanation

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

Able View Global Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Able View Global's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Able View Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
MCHX FLNT WIMI CDLX TZUP MOBQ HFUSD ACCS EDHL EZOO XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 TSE:4751 XPAR:DEC XTER:SAX SZSE:002131
Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
https://www.ableview.com
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing plan, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various brand owners to Chinese consumers.