Fantasy Aces Daily Fantasy Sports (Fantasy Aces Daily Fantasy Sports) Effective Interest Rate on Debt % : 14.57% (As of Sep. 2016)

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

What is Fantasy Aces Daily Fantasy Sports 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. Fantasy Aces Daily Fantasy Sports's annualized positive value of Interest Expense for the quarter that ended in Sep. 2016 was $0.05 Mil. Fantasy Aces Daily Fantasy Sports's average total debt for the quarter that ended in Sep. 2016 was $0.36 Mil. Therefore, Fantasy Aces Daily Fantasy Sports's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 was 14.57%.

Fantasy Aces Daily Fantasy Sports Effective Interest Rate on Debt % Historical Data

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Effective Interest Rate on Debt % Chart

Fantasy Aces Daily Fantasy Sports Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

9.57

6.65

1.63

29.93

Fantasy Aces Daily Fantasy Sports Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	108.39	45.57	-	14.57

Competitive Comparison of Fantasy Aces Daily Fantasy Sports's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Effective Interest Rate on Debt % falls into.

Fantasy Aces Daily Fantasy Sports Effective Interest Rate on Debt % Calculation

Fantasy Aces Daily Fantasy Sports's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2014 )	+	Total Debt (A: Dec. 2015 ))	/ count )
=	-1 * -0.06	/	( (0.246	+	0.155)	/ 2 )
=	-1 * -0.06	/	0.2005
=	29.93 %

where

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.246
=	0.246

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.155
=	0.155

Fantasy Aces Daily Fantasy Sports's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2016 )	+	Total Debt (Q: Sep. 2016 ))	/ count )
=	-1 * -0.052	/	( (0.261	+	0.453)	/ 2 )
=	-1 * -0.052	/	0.357
=	14.57 %

where

	Total Debt (Q: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.261
=	0.261

	Total Debt (Q: Sep. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.453
=	0.453

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

Fantasy Aces Daily Fantasy Sports (OTCPK:FASDF) Effective Interest Rate on Debt % Explanation

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

Fantasy Aces Daily Fantasy Sports Effective Interest Rate on Debt % Related Terms

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

Fantasy Aces Daily Fantasy Sports (Fantasy Aces Daily Fantasy Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fantasy Aces Daily Fantasy Sports Corp (OTCPK:FASDF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656

Website

https://www.fantasyaces.com

Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.

Fantasy Aces Daily Fantasy Sports (Fantasy Aces Daily Fantasy Sports) Headlines

No Headlines