GMBL (Esports Entertainment Group) Effective Interest Rate on Debt %: 4.84% (As of Mar. 2024)

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GMBL Esports Entertainment Group Inc GMBL
12 GF Score
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What is Esports Entertainment Group Effective Interest Rate on Debt %?

Esports Entertainment Group GMBL +25.00% 12 Effective Interest Rate on Debt % is 4.84% as of Mar. 2024. GuruFocus rates GMBL with a GF Score™ of 12/100.

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. Esports Entertainment Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.04 Mil. Esports Entertainment Group's average total debt for the quarter that ended in Mar. 2024 was $0.74 Mil. Therefore, Esports Entertainment Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.84%.


Esports Entertainment Group  (OTCPK:GMBL) Effective Interest Rate on Debt % Explanation

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


Esports Entertainment Group Effective Interest Rate on Debt % Related Terms


Esports Entertainment Group Effective Interest Rate on Debt % Historical Data

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The historical data trend for Esports Entertainment 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.

Esports Entertainment Group Effective Interest Rate on Debt % Chart

Esports Entertainment Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,019.59 1,083.16 8.69 29.05 13.71

Esports Entertainment Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.48 -0.25 0.00 0.00 4.84

GMBL vs FUNFF, EBET, FLUT: Effective Interest Rate on Debt % Comparison

For the Gambling subindustry, Esports Entertainment 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.


Esports Entertainment Group Effective Interest Rate on Debt % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Esports Entertainment Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


GMBL
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Esports Entertainment Group Inc GMBL
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Esports Entertainment Group Effective Interest Rate on Debt % Calculation

Esports Entertainment Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -2.486/( (36.173+0.096)/ 2 )
=-1  *  -2.486/18.1345
=13.71 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.669 + 35.504
=36.173

Esports Entertainment Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.036/( (0.05+1.438)/ 2 )
=-1  *  -0.036/0.744
=4.84 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.414 + 0.024
=1.438

* 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 (Mar. 2024) 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 4.84% mean?
Esports Entertainment Group (GMBL) has a Effective Interest Rate on Debt % of 4.84% as of Mar. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Esports Entertainment Group and its competitors.
Is Esports Entertainment Group's Effective Interest Rate on Debt % too high?
Esports Entertainment Group's current Effective Interest Rate on Debt % is 4.84%. Overall, Esports Entertainment Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Esports Entertainment Group's Effective Interest Rate on Debt % compare to FUNFF and EBET?
Esports Entertainment Group's Effective Interest Rate on Debt % of 4.84% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Effective Interest Rate on Debt % depends on the Travel & Leisure 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 Esports Entertainment Group and its competitors. Esports Entertainment Group's current Effective Interest Rate on Debt % is 4.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esports Entertainment Group stock overvalued right now?
Esports Entertainment Group (GMBL) has a current Effective Interest Rate on Debt % of 4.84%. The current Effective Interest Rate on Debt % is 4.84%. Esports Entertainment Group's overall GF Score™ is 12/100. 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 Esports Entertainment Group (GMBL), the current Effective Interest Rate on Debt % is 4.84% as of Mar. 2024. 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.

Esports Entertainment Group Business Description

Address Psaila Street, No. 170, Pater House, Level 1, suite A308, Birkirkara, MLT, BKR 9077
Esports Entertainment Group Inc is a full-service esports and online betting company. It focuses on three verticals: Games, iGaming, and Technology. EEG Games provides a wide array of services and infrastructure for businesses to engage esports and gaming communities around the world. EEG iGaming includes a number of award-winning brands covering traditional online sports book wagering needs as well as a multinational casino operator.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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