Bingo Nation (Bingo Nation) Effective Interest Rate on Debt % : 4.92% (As of Dec. 2016)

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What is Bingo Nation 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. Bingo Nation's annualized positive value of Interest Expense for the quarter that ended in Dec. 2016 was $0.02 Mil. Bingo Nation's average total debt for the quarter that ended in Dec. 2016 was $0.49 Mil. Therefore, Bingo Nation's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 was 4.92%.

Bingo Nation Effective Interest Rate on Debt % Historical Data

The historical data trend for Bingo Nation'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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Bingo Nation Effective Interest Rate on Debt % Chart

Bingo Nation Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Effective Interest Rate on Debt %

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100.00

173.08

Bingo Nation Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															11.82	39.62	35.32	5.12	4.92

Competitive Comparison of Bingo Nation's Effective Interest Rate on Debt %

For the Gambling subindustry, Bingo Nation'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.

Bingo Nation's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bingo Nation's Effective Interest Rate on Debt % distribution charts can be found below:

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

Bingo Nation Effective Interest Rate on Debt % Calculation

Bingo Nation's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2015 )	+	Total Debt (A: Mar. 2016 ))	/ count )
=	-1 * 0	/	( (0.444	+	0.437)	/ 2 )
=	-1 * 0	/	0.4405
=	0.00 %

where

	Total Debt (A: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.444
=	0.444

	Total Debt (A: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.437
=	0.437

Bingo Nation's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2016 )	+	Total Debt (Q: Dec. 2016 ))	/ count )
=	-1 * -0.024	/	( (0.469	+	0.506)	/ 2 )
=	-1 * -0.024	/	0.4875
=	4.92 %

where

	Total Debt (Q: Sep. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.469
=	0.469

	Total Debt (Q: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.506
=	0.506

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. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bingo Nation (GREY:BLTO) Effective Interest Rate on Debt % Explanation

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

Bingo Nation Effective Interest Rate on Debt % Related Terms

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Bingo Nation (Bingo Nation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bingo Nation Inc (GREY:BLTO) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

6440 Sky Pointe Drive, Suite 140/149, Las Vegas, NV, USA, 89131

Website

http://www.bingonation.tv

Bingo Nation Inc is a United States based entity specialized in tribal gaming, freemium marketing, lottery and interactive technology-based products. The company's portfolio includes proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smartphones, and tracking via secure cloud-based customer accounting systems.

Bingo Nation (Bingo Nation) Headlines

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