BETSF (Bit Brother) Effective Interest Rate on Debt %: 52.98% (As of Jun. 2023)

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BETSF Bit Brother Ltd BETSF
16 GF Score
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What is Bit Brother Effective Interest Rate on Debt %?

Bit Brother BETSF -50.00% 16 Effective Interest Rate on Debt % is 52.98% as of Jun. 2023. GuruFocus rates BETSF with a GF Score™ of 16/100.

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. Bit Brother's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.56 Mil. Bit Brother's average total debt for the quarter that ended in Jun. 2023 was $1.06 Mil. Therefore, Bit Brother's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 52.98%.


Bit Brother  (OTCPK:BETSF) Effective Interest Rate on Debt % Explanation

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


Bit Brother Effective Interest Rate on Debt % Related Terms


Bit Brother Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Bit Brother'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.

Bit Brother Effective Interest Rate on Debt % Chart

Bit Brother Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.44 35.70 46.67 0.00

Bit Brother Semi-Annual Data
Oct13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 94.98 0.00 347.74 0.00 52.98

BETSF vs BTCS, MIGI, ATIF: Effective Interest Rate on Debt % Comparison

For the Capital Markets subindustry, Bit Brother'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.


Bit Brother Effective Interest Rate on Debt % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Brother's Effective Interest Rate on Debt % distribution charts can be found below:

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


BETSF
16GF Score
Bit Brother Ltd BETSF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bit Brother Effective Interest Rate on Debt % Calculation

Bit Brother's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  0/( (0.105+0.999)/ 2 )
=-1  *  0/0.552
=0.00 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.018 + 0.087
=0.105

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.566 + 0.433
=0.999

Bit Brother's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.564/( (1.13+0.999)/ 2 )
=-1  *  -0.564/1.0645
=52.98 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.746 + 0.384
=1.13

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.566 + 0.433
=0.999

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

What does a Effective Interest Rate on Debt % of 52.98% mean?
Bit Brother (BETSF) has a Effective Interest Rate on Debt % of 52.98% as of Jun. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bit Brother and its competitors.
Is Bit Brother's Effective Interest Rate on Debt % too high?
Bit Brother's current Effective Interest Rate on Debt % is 52.98%. Overall, Bit Brother has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bit Brother's Effective Interest Rate on Debt % compare to BTCS and MIGI?
Bit Brother's Effective Interest Rate on Debt % of 52.98% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Capital Markets company?
A good Effective Interest Rate on Debt % depends on the Capital Markets industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bit Brother and its competitors. Bit Brother's current Effective Interest Rate on Debt % is 52.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Brother stock overvalued right now?
Bit Brother (BETSF) has a current Effective Interest Rate on Debt % of 52.98%. The current Effective Interest Rate on Debt % is 52.98%. Bit Brother's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Bit Brother (BETSF), the current Effective Interest Rate on Debt % is 52.98% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bit Brother Business Description

Address 53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023
Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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