EXEO (Exeo Entertainment) Effective Interest Rate on Debt %: 96.10% (As of Feb. 2022)


What is Exeo Entertainment Effective Interest Rate on Debt %?

Exeo Entertainment EXEO Effective Interest Rate on Debt % is 96.10% as of Feb. 2022.

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. Exeo Entertainment's annualized positive value of Interest Expense for the quarter that ended in Feb. 2022 was $0.16 Mil. Exeo Entertainment's average total debt for the quarter that ended in Feb. 2022 was $0.17 Mil. Therefore, Exeo Entertainment's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2022 was 96.10%.

Exeo Entertainment  (OTCPK:EXEO) Effective Interest Rate on Debt % Explanation

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

Exeo Entertainment Effective Interest Rate on Debt % Related Terms

Exeo Entertainment Effective Interest Rate on Debt % Historical Data

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The historical data trend for Exeo Entertainment'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.

Exeo Entertainment Effective Interest Rate on Debt % Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.59 20.41 6.62 26.49 27.30

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 1.78 44.90 128.45 -59.35 96.10

EXEO vs GAXY, TKLS, MICS: Effective Interest Rate on Debt % Comparison

For the Consumer Electronics subindustry, Exeo Entertainment'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.

Exeo Entertainment Effective Interest Rate on Debt % vs Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Effective Interest Rate on Debt % distribution charts can be found below:

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


Exeo Entertainment Effective Interest Rate on Debt % Calculation

Exeo Entertainment's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2020 )+Total Debt  (A: Nov. 2021 ))/ count )
=-1  *  -0.055/( (0.239+0.164)/ 2 )
=-1  *  -0.055/0.2015
=27.30 %

where

Total Debt  (A: Nov. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.092 + 0.147
=0.239

Total Debt  (A: Nov. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.042 + 0.122
=0.164

Exeo Entertainment's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Nov. 2021 )+Total Debt  (Q: Feb. 2022 ))/ count )
=-1  *  -0.16/( (0.164+0.169)/ 2 )
=-1  *  -0.16/0.1665
=96.10 %

where

Total Debt  (Q: Nov. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.042 + 0.122
=0.164

Total Debt  (Q: Feb. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.074 + 0.095
=0.169

* 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 (Feb. 2022) 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 96.10% mean?
Exeo Entertainment (EXEO) has a Effective Interest Rate on Debt % of 96.10% as of Feb. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Exeo Entertainment and its competitors.
Is Exeo Entertainment's Effective Interest Rate on Debt % too high?
Exeo Entertainment's current Effective Interest Rate on Debt % is 96.10%.
How does Exeo Entertainment's Effective Interest Rate on Debt % compare to GAXY and TKLS?
Exeo Entertainment's Effective Interest Rate on Debt % of 96.10% can be compared against companies in the Hardware 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 Hardware company?
A good Effective Interest Rate on Debt % depends on the Hardware 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 Exeo Entertainment and its competitors. Exeo Entertainment's current Effective Interest Rate on Debt % is 96.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exeo Entertainment stock overvalued right now?
Exeo Entertainment (EXEO) has a current Effective Interest Rate on Debt % of 96.10%. The current Effective Interest Rate on Debt % is 96.10%. 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 Exeo Entertainment (EXEO), the current Effective Interest Rate on Debt % is 96.10% as of Feb. 2022. 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.

Exeo Entertainment Business Description

Address 4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc manufactures and distributes consumer electronics including patented gaming headphones, bluetooth music headphones, portable speakers, and smart devices that work with Alexa, Google, Siri and Apple Play. Its devices are marketed under Krankz Audio brand.