EBET (EBET) Effective Interest Rate on Debt %: 15.13% (As of Mar. 2024)


EBET EBET Inc EBET
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What is EBET Effective Interest Rate on Debt %?

EBET EBET 12 Effective Interest Rate on Debt % is 15.13% as of Mar. 2024. GuruFocus rates EBET with a GF Score™ of 12/100.

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. EBET's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $6.82 Mil. EBET's average total debt for the quarter that ended in Mar. 2024 was $45.06 Mil. Therefore, EBET's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 15.13%.

EBET  (OTCPK:EBET) Effective Interest Rate on Debt % Explanation

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

EBET Effective Interest Rate on Debt % Related Terms

EBET Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for EBET'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.

EBET Effective Interest Rate on Debt % Chart

EBET Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Effective Interest Rate on Debt %
0.00 128.21 158.66 58.86 47.93

EBET Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.53 107.46 15.75 15.24 15.13

EBET vs FLUT, DKNG, CHDN: Effective Interest Rate on Debt % Comparison

For the Gambling subindustry, EBET'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.

EBET Effective Interest Rate on Debt % vs Travel & Leisure Industry

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

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


EBET
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Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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EBET Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2022 )+Total Debt  (A: Sep. 2023 ))/ count )
=-1  *  -17.113/( (31.591+39.812)/ 2 )
=-1  *  -17.113/35.7015
=47.93 %

where

Total Debt  (A: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.258 + 21.333
=31.591

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.56 + 39.252
=39.812

EBET's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -6.82/( (43.445+46.683)/ 2 )
=-1  *  -6.82/45.064
=15.13 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.573 + 42.872
=43.445

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.586 + 46.097
=46.683

* 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 (Mar. 2024) 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 15.13% mean?
EBET (EBET) has a Effective Interest Rate on Debt % of 15.13% as of Mar. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on EBET and its competitors.
Is EBET's Effective Interest Rate on Debt % too high?
EBET's current Effective Interest Rate on Debt % is 15.13%. Overall, EBET has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EBET's Effective Interest Rate on Debt % compare to FLUT and DKNG?
EBET's Effective Interest Rate on Debt % of 15.13% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Effective Interest Rate on Debt % depends on the Travel & Leisure 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 EBET and its competitors. EBET's current Effective Interest Rate on Debt % is 15.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EBET stock overvalued right now?
EBET (EBET) has a current Effective Interest Rate on Debt % of 15.13%. The current Effective Interest Rate on Debt % is 15.13%. EBET's overall GF Score™ is 12/100. 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 EBET (EBET), the current Effective Interest Rate on Debt % is 15.13% as of Mar. 2024. 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.

EBET Business Description

Address 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
EBET Inc is a technology company developing and operating platforms focused on esports and competitive gaming. It operates a licensed online gambling platform, which is an esports/sportsbook focused on bettors located in Asia and Latin America. It offers real-money betting on esports events from around the world in a secure environment. It accepts wagers on esports titles including Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory, and FIFA, as well as professional sports including the NFL, NBA, MLB, soccer and more. The company's Brands Includes; Gogawi, Karamba, Griffon Casino, Generation VIP, and Others.
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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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