LEON (Leone Asset Management) Effective Interest Rate on Debt %: 745.27% (As of Dec. 2018)

What is Leone Asset Management Effective Interest Rate on Debt %?

Leone Asset Management LEON -0.55% Effective Interest Rate on Debt % is 745.27% as of Dec. 2018.

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. Leone Asset Management's annualized positive value of Interest Expense for the quarter that ended in Dec. 2018 was $22.66 Mil. Leone Asset Management's average total debt for the quarter that ended in Dec. 2018 was $3.04 Mil. Therefore, Leone Asset Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 was 745.27%.

Leone Asset Management (OTCPK:LEON) Effective Interest Rate on Debt % Explanation

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

Leone Asset Management Effective Interest Rate on Debt % Related Terms

Leone Asset Management Effective Interest Rate on Debt % Historical Data

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The historical data trend for Leone Asset Management'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.

Leone Asset Management Effective Interest Rate on Debt % Chart

Leone Asset Management Annual Data

Trend

Dec07

Dec08

Dec09

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Effective Interest Rate on Debt %

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8.02

7.90

16.07

30.30

286.24

Leone Asset Management Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															29.42	122.16	20.28	21.62	745.27

LEON vs PTMN, TZAC, AINC: Effective Interest Rate on Debt % Comparison

For the Conglomerates subindustry, Leone Asset Management'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.

Leone Asset Management Effective Interest Rate on Debt % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Leone Asset Management's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Leone Asset Management's Effective Interest Rate on Debt % falls into.

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Leone Asset Management Effective Interest Rate on Debt % Calculation

Leone Asset Management's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2017 )	+	Total Debt (A: Dec. 2018 ))	/ count )
=	-1 * -6.794	/	( (2.06	+	2.687)	/ 2 )
=	-1 * -6.794	/	2.3735
=	286.24 %

where

	Total Debt (A: Dec. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.06
=	2.06

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.687
=	2.687

Leone Asset Management's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2018 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2018 )	+	Total Debt (Q: Dec. 2018 ))	/ count )
=	-1 * -22.66	/	( (3.394	+	2.687)	/ 2 )
=	-1 * -22.66	/	3.0405
=	745.27 %

where

	Total Debt (Q: Sep. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.394
=	3.394

	Total Debt (Q: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.687
=	2.687

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 (Dec. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about Effective Interest Rate on Debt % →

What does a Effective Interest Rate on Debt % of 745.27% mean?

Leone Asset Management (LEON) has a Effective Interest Rate on Debt % of 745.27% as of Dec. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Leone Asset Management and its competitors.

Is Leone Asset Management's Effective Interest Rate on Debt % too high?

Leone Asset Management's current Effective Interest Rate on Debt % is 745.27%.

How does Leone Asset Management's Effective Interest Rate on Debt % compare to PTMN and TZAC?

Leone Asset Management's Effective Interest Rate on Debt % of 745.27% can be compared against companies in the Conglomerates 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 Conglomerates company?

A good Effective Interest Rate on Debt % depends on the Conglomerates 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 Leone Asset Management and its competitors. Leone Asset Management's current Effective Interest Rate on Debt % is 745.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Leone Asset Management stock overvalued right now?

Leone Asset Management (LEON) has a current Effective Interest Rate on Debt % of 745.27%. The current Effective Interest Rate on Debt % is 745.27%. 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 Leone Asset Management (LEON), the current Effective Interest Rate on Debt % is 745.27% as of Dec. 2018. 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.

Leone Asset Management Business Description

Industry Industrials Conglomerates

Comparable Companies PTMN TZAC XTER:A8A ASX:OVH KUW:ASIYA XKRX:019660 AINC ASX:ARA TSX:BK ADX:TNI XTER:A7A TSE:8737 LSE:HW.GECC TSX:URB FRA:SPT6 OSTO:EOS TSX:BGI.UN LSE:REC HKSE:08313

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770

Website https://www.leoneasset.com

Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.