GAME (GameSquare Holdings) Effective Interest Rate on Debt % : 1.37% (As of Sep. 2024)

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What is GameSquare Holdings 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. GameSquare Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.22 Mil. GameSquare Holdings's average total debt for the quarter that ended in Sep. 2024 was $15.73 Mil. Therefore, GameSquare Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 1.37%.

GameSquare Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for GameSquare Holdings'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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GameSquare Holdings Effective Interest Rate on Debt % Chart

GameSquare Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Dec23

Effective Interest Rate on Debt %

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4.74

5.35

8.02

7.35

5.74

GameSquare Holdings Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.15	10.38	11.33	5.08	1.37

Competitive Comparison of GameSquare Holdings's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings'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.

GameSquare Holdings's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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

GameSquare Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.696	/	( (8.411	+	15.821)	/ 2 )
=	-1 * -0.696	/	12.116
=	5.74 %

where

	Total Debt (A: Aug. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.983	+	3.428
=	8.411

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.172	+	5.649
=	15.821

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.216	/	( (15.308	+	16.147)	/ 2 )
=	-1 * -0.216	/	15.7275
=	1.37 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.648	+	5.66
=	15.308

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.234	+	13.913
=	16.147

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

GameSquare Holdings (NAS:GAME) Effective Interest Rate on Debt % Explanation

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

GameSquare Holdings Effective Interest Rate on Debt % Related Terms

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GameSquare Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GameSquare Holdings Inc (NAS:GAME) » Definitions » Effective Interest Rate on Debt %

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Address

6775 Cowboys Way, Suite 1335, Atlanta, FL, USA, 30339

Website

https://www.gamesquare.com

GameSquare Holdings Inc is a vertically integrated, digital media, entertainment and technology company that connects brands with gaming and youth culture audiences. The company's end-to-end platform includes Gaming Community Network (a "GCN"), a digital media company focused on gaming and esports audiences, Swingman LLC dba as Zoned, a gaming and lifestyle marketing agency, and Code Red Esports Ltd. The company's geographical segment includes the United Kingdom, the USA, and Spain. The company generates the majority of its revenue from the USA. The company's sources of revenue consist of Teams, Agency, and SaaS + Advertising.