Bragg Gaming Group (TSX:BRAG) Effective Interest Rate on Debt % : 15.78% (As of Mar. 2025)

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What is Bragg Gaming Group 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. Bragg Gaming Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was C$2.4 Mil. Bragg Gaming Group's average total debt for the quarter that ended in Mar. 2025 was C$15.2 Mil. Therefore, Bragg Gaming Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 15.78%.

Bragg Gaming Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Bragg Gaming Group'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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Bragg Gaming Group Effective Interest Rate on Debt % Chart

Bragg Gaming Group Annual Data

Trend

Jan15

Jan16

Jan17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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181.41

35.42

24.64

34.10

34.65

Bragg Gaming Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															48.55	44.49	36.75	15.17	15.78

Competitive Comparison of Bragg Gaming Group's Effective Interest Rate on Debt %

For the Gambling subindustry, Bragg Gaming Group'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.

Bragg Gaming Group's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bragg Gaming Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Bragg Gaming Group Effective Interest Rate on Debt % Calculation

Bragg Gaming Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -4.106	/	( (8.371	+	15.331)	/ 2 )
=	-1 * -4.106	/	11.851
=	34.65 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.757	+	4.614
=	8.371

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.2	+	11.131
=	15.331

Bragg Gaming Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -2.392	/	( (15.331	+	14.977)	/ 2 )
=	-1 * -2.392	/	15.154
=	15.78 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.2	+	11.131
=	15.331

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.838	+	11.139
=	14.977

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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bragg Gaming Group (TSX:BRAG) Effective Interest Rate on Debt % Explanation

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

Bragg Gaming Group Effective Interest Rate on Debt % Related Terms

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Bragg Gaming Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bragg Gaming Group Inc (TSX:BRAG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BRAG:USA SL4:Germany

Address

130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3

Website

https://www.bragg.games

Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The Company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from the Netherlands and the rest from Curacao, Malta, the United States, Croatia, and other regions.

Executives

Tommaso Di Chio	Senior Officer
Robert Jeffrey Bressler	Senior Officer
Holly Marie Gagnon Aydar	Director
Mark Anthony Clayton	Director
Donald Christopher Robertson	Director
Matevz Mazij	Senior Officer
Richard John Carter	Director, Senior Officer
Yaniv Spielberg	Senior Officer