EVBC (Evolution Blockchain Group) Effective Interest Rate on Debt %: 7.31% (As of Jan. 2018)


What is Evolution Blockchain Group Effective Interest Rate on Debt %?

Evolution Blockchain Group EVBC -99.75% Effective Interest Rate on Debt % is 7.31% as of Jan. 2018.

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. Evolution Blockchain Group's annualized positive value of Interest Expense for the quarter that ended in Jan. 2018 was $0.01 Mil. Evolution Blockchain Group's average total debt for the quarter that ended in Jan. 2018 was $0.11 Mil. Therefore, Evolution Blockchain Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2018 was 7.31%.

Evolution Blockchain Group  (OTCPK:EVBC) Effective Interest Rate on Debt % Explanation

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

Evolution Blockchain Group Effective Interest Rate on Debt % Related Terms

Evolution Blockchain Group Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Evolution Blockchain Group'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.

Evolution Blockchain Group Effective Interest Rate on Debt % Chart

Evolution Blockchain Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17
Effective Interest Rate on Debt %
0.00 0.00 1.65 3.61

Evolution Blockchain Group Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 9.76 9.30 12.70 8.99 7.31

Evolution Blockchain Group Effective Interest Rate on Debt % Competitor Comparison

For the Capital Markets subindustry, Evolution Blockchain Group'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.

Evolution Blockchain Group Effective Interest Rate on Debt % vs Capital Markets Industry

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

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


Evolution Blockchain Group Effective Interest Rate on Debt % Calculation

Evolution Blockchain Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2016 )+Total Debt  (A: Apr. 2017 ))/ count )
=-1  *  -0.003/( (0.121+0.045)/ 2 )
=-1  *  -0.003/0.083
=3.61 %

where

Total Debt  (A: Apr. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.041 + 0.08
=0.121

Total Debt  (A: Apr. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.041 + 0.004
=0.045

Evolution Blockchain Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2017 )+Total Debt  (Q: Jan. 2018 ))/ count )
=-1  *  -0.008/( (0.097+0.122)/ 2 )
=-1  *  -0.008/0.1095
=7.31 %

where

Total Debt  (Q: Oct. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.041 + 0.056
=0.097

Total Debt  (Q: Jan. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.122
=0.122

* 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 (Jan. 2018) 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 7.31% mean?
Evolution Blockchain Group (EVBC) has a Effective Interest Rate on Debt % of 7.31% as of Jan. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Evolution Blockchain Group and its competitors.
Is Evolution Blockchain Group's Effective Interest Rate on Debt % too high?
Evolution Blockchain Group's current Effective Interest Rate on Debt % is 7.31%.
How does Evolution Blockchain Group's Effective Interest Rate on Debt % compare to competitors?
Evolution Blockchain Group's Effective Interest Rate on Debt % of 7.31% 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 Evolution Blockchain Group and its competitors. Evolution Blockchain Group's current Effective Interest Rate on Debt % is 7.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Blockchain Group stock overvalued right now?
Evolution Blockchain Group (EVBC) has a current Effective Interest Rate on Debt % of 7.31%. The current Effective Interest Rate on Debt % is 7.31%. 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 Evolution Blockchain Group (EVBC), the current Effective Interest Rate on Debt % is 7.31% as of Jan. 2018. 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.

Evolution Blockchain Group Business Description

Address 1853 King Beach Avenue, Las Vegas, NV, USA, 89123-4300
Evolution Blockchain Group Inc is focused on acquiring, developing and launching globally scalable blockchain technology solutions, as well as building cryptocurrency mining operations.