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LGBI (Cannabiz Mobile) Effective Interest Rate on Debt % : 0.00% (As of . 20)


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What is Cannabiz Mobile 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. Cannabiz Mobile's annualized positive value of Interest Expense for the quarter that ended in . 20 was $ Mil. Cannabiz Mobile's average total debt for the quarter that ended in . 20 was $ Mil. Therefore, Cannabiz Mobile's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.

Cannabiz Mobile Effective Interest Rate on Debt % Historical Data

The historical data trend for Cannabiz Mobile'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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Cannabiz Mobile Effective Interest Rate on Debt % Chart

Cannabiz Mobile Annual Data
Trend
Effective Interest Rate on Debt %

Cannabiz Mobile Quarterly Data
Effective Interest Rate on Debt %

Competitive Comparison of Cannabiz Mobile's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Cannabiz Mobile'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.

Cannabiz Mobile's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cannabiz Mobile's Effective Interest Rate on Debt % distribution charts can be found below:

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


Cannabiz Mobile Effective Interest Rate on Debt % Calculation

Cannabiz Mobile's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (A: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Cannabiz Mobile's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

Total Debt  (Q: . 20 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
= +
=

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

Cannabiz Mobile  (OTCPK:LGBI) Effective Interest Rate on Debt % Explanation

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

Cannabiz Mobile Effective Interest Rate on Debt % Related Terms

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Cannabiz Mobile Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cannabiz Mobile Inc (OTCPK:LGBI) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
3445 Lawrence Avenue, Oceanside, NY, USA, 11572
Website
http://liongoldbrazil.com
Cannabiz Mobile Inc is a mobile media and marketing company. It is engaged in servicing businesses in the medical marijuana industry. The company markets a subscription-based, in the cloud, mobile media solution to care givers, dispensaries, hydroponic, and others.

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