BULT (Bullet Blockchain) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2008)

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

What is Bullet Blockchain 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. Bullet Blockchain's annualized positive value of Interest Expense for the quarter that ended in Dec. 2008 was $0.00 Mil. Bullet Blockchain's average total debt for the quarter that ended in Dec. 2008 was $0.02 Mil. Therefore, Bullet Blockchain's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2008 was 0.00%.

Bullet Blockchain Effective Interest Rate on Debt % Historical Data

The historical data trend for Bullet Blockchain'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.

Bullet Blockchain Effective Interest Rate on Debt % Chart

Bullet Blockchain Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

Bullet Blockchain Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Bullet Blockchain's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, Bullet Blockchain'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.

Bullet Blockchain's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Bullet Blockchain's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Bullet Blockchain Effective Interest Rate on Debt % Calculation

Bullet Blockchain's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2008 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2007 )	+	Total Debt (A: Dec. 2008 ))	/ count )
=	-1 * 0	/	( (0.017	+	0)	/ 1 )
=	-1 * 0	/	0.017
=	0.00 %

where

	Total Debt (A: Dec. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.017
=	0.017

	Total Debt (A: Dec. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Bullet Blockchain's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2008 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2007 )	+	Total Debt (Q: Dec. 2008 ))	/ count )
=	-1 * 0	/	( (0.017	+	0)	/ 1 )
=	-1 * 0	/	0.017
=	0.00 %

where

	Total Debt (Q: Dec. 2007 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.017
=	0.017

	Total Debt (Q: Dec. 2008 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 one times the annual (Dec. 2008) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bullet Blockchain (OTCPK:BULT) Effective Interest Rate on Debt % Explanation

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

Bullet Blockchain Effective Interest Rate on Debt % Related Terms

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

Bullet Blockchain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bullet Blockchain Inc (OTCPK:BULT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Ryland Street, Suite 200A, Reno, NV, USA, 89502

Website

https://www.bulletblockchain.com

Bullet Blockchain Inc is a diversified software development and SaaS company, specializing in blockchain technologies and Web 3.0. It has pivoted its operations to solely focus on Bitcoin mining and tangential blockchain opportunities. It will operate Bitcoin ATMs, mine, purchase/sell, and hold Bitcoin, and seeks to establish a diversified revenue.