NFTM (The NFT Marketplace) Effective Interest Rate on Debt %: 0.00% (As of Aug. 2012)

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What is The NFT Marketplace Effective Interest Rate on Debt %?

The NFT Marketplace NFTM -70.30% Effective Interest Rate on Debt % is 0.00% as of Aug. 2012.

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. The NFT Marketplace's annualized positive value of Interest Expense for the quarter that ended in Aug. 2012 was $0.00 Mil. The NFT Marketplace's average total debt for the quarter that ended in Aug. 2012 was $0.00 Mil. Therefore, The NFT Marketplace's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2012 was N/A%.

The NFT Marketplace  (OTCPK:NFTM) Effective Interest Rate on Debt % Explanation

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

The NFT Marketplace Effective Interest Rate on Debt % Related Terms

The NFT Marketplace Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for The NFT Marketplace'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.

The NFT Marketplace Effective Interest Rate on Debt % Chart

The NFT Marketplace Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 3.37 4.51 8.32 7.33

The NFT Marketplace Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12
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 0.00 27.70 7.47 0.00 0.00

NFTM vs LKST, GOBK, IDDR: Effective Interest Rate on Debt % Comparison

For the Shell Companies subindustry, The NFT Marketplace'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.

The NFT Marketplace Effective Interest Rate on Debt % vs Diversified Financial Services Industry

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

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


The NFT Marketplace Effective Interest Rate on Debt % Calculation

The NFT Marketplace's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2011 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2010 )+Total Debt  (A: Nov. 2011 ))/ count )
=-1  *  -0.131/( (1.698+1.875)/ 2 )
=-1  *  -0.131/1.7865
=7.33 %

where

Total Debt  (A: Nov. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.698
=1.698

Total Debt  (A: Nov. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.875
=1.875

The NFT Marketplace's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2012 )+Total Debt  (Q: Aug. 2012 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (Q: May. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Aug. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 (Aug. 2012) 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 0.00% mean?
The NFT Marketplace (NFTM) has a Effective Interest Rate on Debt % of 0.00% as of Aug. 2012. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on The NFT Marketplace and its competitors.
Is The NFT Marketplace's Effective Interest Rate on Debt % too high?
The NFT Marketplace's current Effective Interest Rate on Debt % is 0.00%.
How does The NFT Marketplace's Effective Interest Rate on Debt % compare to LKST and GOBK?
The NFT Marketplace's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Effective Interest Rate on Debt % depends on the Diversified Financial Services 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 The NFT Marketplace and its competitors. The NFT Marketplace's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The NFT Marketplace stock overvalued right now?
The NFT Marketplace (NFTM) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 The NFT Marketplace (NFTM), the current Effective Interest Rate on Debt % is 0.00% as of Aug. 2012. 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.

The NFT Marketplace Business Description

Address 21 Plymstock Road, London, Devon, GBR, PL9 7NX
The NFT Marketplace Inc is a shell company focused on acquiring high-growth technology companies and driving innovation.