STBXF (Starbox Group Holdings) Effective Interest Rate on Debt %: 2.23% (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Starbox Group Holdings Effective Interest Rate on Debt %?

Starbox Group Holdings STBXF Effective Interest Rate on Debt % is 2.23% as of Sep. 2024.

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. Starbox Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.06 Mil. Starbox Group Holdings's average total debt for the quarter that ended in Sep. 2024 was $2.60 Mil. Therefore, Starbox Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 2.23%.

Starbox Group Holdings  (OTCPK:STBXF) Effective Interest Rate on Debt % Explanation

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

Starbox Group Holdings Effective Interest Rate on Debt % Related Terms

Starbox Group Holdings Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Starbox Group Holdings'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.

Starbox Group Holdings Effective Interest Rate on Debt % Chart

Starbox Group Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Effective Interest Rate on Debt %
0.00 0.00 0.00 0.00 2.19

Starbox Group Holdings Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 1.24 2.01 2.23

STBXF vs QTTOY, GOOGL, META: Effective Interest Rate on Debt % Comparison

For the Internet Content & Information subindustry, Starbox Group Holdings'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.

Starbox Group Holdings Effective Interest Rate on Debt % vs Interactive Media Industry

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

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


Starbox Group Holdings Effective Interest Rate on Debt % Calculation

Starbox Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2023 )+Total Debt  (A: Sep. 2024 ))/ count )
=-1  *  -0.053/( (2.216+2.634)/ 2 )
=-1  *  -0.053/2.425
=2.19 %

where

Total Debt  (A: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.168 + 0.048
=2.216

Total Debt  (A: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.388 + 0.246
=2.634

Starbox Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.058/( (2.565+2.634)/ 2 )
=-1  *  -0.058/2.5995
=2.23 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.273 + 0.292
=2.565

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.388 + 0.246
=2.634

* 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 two times the semi-annual (Sep. 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 2.23% mean?
Starbox Group Holdings (STBXF) has a Effective Interest Rate on Debt % of 2.23% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Starbox Group Holdings and its competitors.
Is Starbox Group Holdings' Effective Interest Rate on Debt % too high?
Starbox Group Holdings' current Effective Interest Rate on Debt % is 2.23%.
How does Starbox Group Holdings' Effective Interest Rate on Debt % compare to QTTOY and GOOGL?
Starbox Group Holdings' Effective Interest Rate on Debt % of 2.23% can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Effective Interest Rate on Debt % depends on the Interactive Media 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 Starbox Group Holdings and its competitors. Starbox Group Holdings's current Effective Interest Rate on Debt % is 2.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbox Group Holdings stock overvalued right now?
Starbox Group Holdings (STBXF) has a current Effective Interest Rate on Debt % of 2.23%. The current Effective Interest Rate on Debt % is 2.23%. 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 Starbox Group Holdings (STBXF), the current Effective Interest Rate on Debt % is 2.23% as of Sep. 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.

Starbox Group Holdings Business Description

Address VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100
Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of its current operations are located in Malaysia. Its operating segments include software licensing, which derives maximum income from software development services, advertising services, cash rebate, and payment solution and media booking services, advertisement production income, and promotional campaign services.