Fearless Films (Fearless Films) Effective Interest Rate on Debt % : 5.24% (As of Mar. 2022)

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What is Fearless Films 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. Fearless Films's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $0.02 Mil. Fearless Films's average total debt for the quarter that ended in Mar. 2022 was $0.38 Mil. Therefore, Fearless Films's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 5.24%.

Fearless Films Effective Interest Rate on Debt % Historical Data

The historical data trend for Fearless Films'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.

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Fearless Films Effective Interest Rate on Debt % Chart

Fearless Films Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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4.66

7.74

5.89

Fearless Films Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.43	5.43	8.58	5.28	5.24

Competitive Comparison of Fearless Films's Effective Interest Rate on Debt %

For the Entertainment subindustry, Fearless Films'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.

Fearless Films's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fearless Films's Effective Interest Rate on Debt % distribution charts can be found below:

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

Fearless Films Effective Interest Rate on Debt % Calculation

Fearless Films's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -0.022	/	( (0.368	+	0.379)	/ 2 )
=	-1 * -0.022	/	0.3735
=	5.89 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.368
=	0.368

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.379
=	0.379

Fearless Films's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2021 )	+	Total Debt (Q: Mar. 2022 ))	/ count )
=	-1 * -0.02	/	( (0.379	+	0.384)	/ 2 )
=	-1 * -0.02	/	0.3815
=	5.24 %

where

	Total Debt (Q: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.379
=	0.379

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.384
=	0.384

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Fearless Films (OTCPK:FERL) Effective Interest Rate on Debt % Explanation

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

Fearless Films Effective Interest Rate on Debt % Related Terms

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Fearless Films (Fearless Films) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fearless Films Inc (OTCPK:FERL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

467 Edgeley Boulevard, Unit 2, Concord, ON, CAN, L4K 4E9

Website

https://www.fearlessent.com

Fearless Films Inc is a provider of professional services for all forms of short film and full-length feature film production. The company handles everything from directing and creative directing all the way through post-production and fulfillment. Its services include Video and film production, Animation and special effects, Talent acquisition, Editing, and Distribution. Its primary markets are Media & Entertainment companies (short films, feature films, TV drama, broadcast programs), Animation and Multimedia companies. It provides directing, creative, video capture, video editing and full range of postproduction services to these target markets.