Soul and Vibe Interactive (Soul and Vibe Interactive) Effective Interest Rate on Debt % : 294.95% (As of Jun. 2016)

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What is Soul and Vibe Interactive 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. Soul and Vibe Interactive's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was $0.58 Mil. Soul and Vibe Interactive's average total debt for the quarter that ended in Jun. 2016 was $0.20 Mil. Therefore, Soul and Vibe Interactive's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was 294.95%.

Soul and Vibe Interactive Effective Interest Rate on Debt % Historical Data

The historical data trend for Soul and Vibe Interactive'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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Soul and Vibe Interactive Effective Interest Rate on Debt % Chart

Soul and Vibe Interactive Annual Data

Trend

Feb12

Dec13

Dec14

Dec15

Effective Interest Rate on Debt %

3.33

144.44

223.81

193.04

Soul and Vibe Interactive Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															550.19	641.44	-70.91	260.32	294.95

Competitive Comparison of Soul and Vibe Interactive's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, Soul and Vibe Interactive'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.

Soul and Vibe Interactive's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

* The bar in red indicates where Soul and Vibe Interactive's Effective Interest Rate on Debt % falls into.

Soul and Vibe Interactive Effective Interest Rate on Debt % Calculation

Soul and Vibe Interactive's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2014 )	+	Total Debt (A: Dec. 2015 ))	/ count )
=	-1 * -0.416	/	( (0.21	+	0.221)	/ 2 )
=	-1 * -0.416	/	0.2155
=	193.04 %

where

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.21
=	0.21

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.012	+	0.209
=	0.221

Soul and Vibe Interactive's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2016 )	+	Total Debt (Q: Jun. 2016 ))	/ count )
=	-1 * -0.584	/	( (0.157	+	0.239)	/ 2 )
=	-1 * -0.584	/	0.198
=	294.95 %

where

	Total Debt (Q: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.022	+	0.135
=	0.157

	Total Debt (Q: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.01	+	0.229
=	0.239

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 (Jun. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Soul and Vibe Interactive (GREY:SOUL) Effective Interest Rate on Debt % Explanation

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

Soul and Vibe Interactive Effective Interest Rate on Debt % Related Terms

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Soul and Vibe Interactive (Soul and Vibe Interactive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Soul and Vibe Interactive Inc (GREY:SOUL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6548 South Big Cottonwood Canyon Road, Suite 200, Salt Lake City, UT, USA, 84121

Website

http://www.soulandvibe.com

Soul and Vibe Interactive Inc publish games, interactive books, and downloadable/streamable music for digital devices. The company develops, publishes, and distributes interactive entertainment games and interactive books for video game consoles, mobile and augmented reality/wearable tech devices, personal computers, and social media platforms. It develops, publishes, and distribute music for play on digital devices through downloadable/streamable channels that include Apple Music, iTunes, Google Play, Amazon, Deezer, YouTube Music, Beats/MediaNet, and Microsoft Groove.

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