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The Arena Group Holdings (The Arena Group Holdings) Effective Interest Rate on Debt % : 14.71% (As of Dec. 2023)


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What is The Arena Group Holdings 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. The Arena Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $19.0 Mil. The Arena Group Holdings's average total debt for the quarter that ended in Dec. 2023 was $128.9 Mil. Therefore, The Arena Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 14.71%.


The Arena Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for The Arena Group Holdings'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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The Arena Group Holdings Effective Interest Rate on Debt % Chart

The Arena Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.32 21.61 12.04 11.42 14.45

The Arena Group Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.25 14.64 17.46 13.29 14.71

Competitive Comparison of The Arena Group Holdings's Effective Interest Rate on Debt %

For the Internet Content & Information subindustry, The Arena Group Holdings'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.


The Arena Group Holdings's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Arena Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where The Arena Group Holdings's Effective Interest Rate on Debt % falls into.



The Arena Group Holdings Effective Interest Rate on Debt % Calculation

The Arena Group Holdings'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  *  -17.965/( (116.852+131.841)/ 2 )
=-1  *  -17.965/124.3465
=14.45 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.844 + 115.008
=116.852

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.35 + 131.491
=131.841

The Arena Group Holdings'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  *  -18.96/( (125.883+131.841)/ 2 )
=-1  *  -18.96/128.862
=14.71 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=82.362 + 43.521
=125.883

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.35 + 131.491
=131.841

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


The Arena Group Holdings  (AMEX:AREN) Effective Interest Rate on Debt % Explanation

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


The Arena Group Holdings Effective Interest Rate on Debt % Related Terms

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The Arena Group Holdings (The Arena Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 Vesey Street, 24th Floor, New York, NY, USA, 10281
The Arena Group Holdings Inc is a tech-powered media company that fuses superior technology, iconic brands, and marketing savvy to deliver vibrant content and experiences that reach more than 120 million users each month. The company creates robust digital destinations that delight consumers with powerful journalism, news about the things such as favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. The Company operates in one reportable segment which focuses on a publishing platform.
Executives
Todd D. Sims director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
B. Riley Financial, Inc. other: See Remarks. 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Paul Taylor Edmondson officer: Chief Operating Officer C/O THEMAVEN, 1500 FOURTH AVENUE, SEATTLE WA 98101
Herbert Hunt Allred director 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Daniel Shribman director 299 PARK AVENUE, NEW YORK NY 10171
Ross Levinsohn director 701 FIRST AVENUE, SUNNYVALE CA 94089
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Christopher Petzel director 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Laura Anne Lee director 267 1ST STREET, APT 1, BROOKLYN NY 11215
Spiridon Christoforatos officer: Chief Accounting Officer 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Carlo Zola director 225 LIBERTY STREET, 27TH FLOOR, NEW YORK NY 10281
Eric Semler director 4625 FIELDSTON ROAD, BRONX NY 10471
Brc Partners Opportunity Fund, Lp other: See Remarks. 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Henry Robertson Barrett officer: President, Media 225 LIBERTY STREET, 27TH FLOOR, NEW YORK NY 10281