Playmaker Capital (TSXV:PMKR) Effective Interest Rate on Debt % : 9.67% (As of Sep. 2023)

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What is Playmaker Capital 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. Playmaker Capital's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was C$3.48 Mil. Playmaker Capital's average total debt for the quarter that ended in Sep. 2023 was C$35.94 Mil. Therefore, Playmaker Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 9.67%.

Playmaker Capital Effective Interest Rate on Debt % Historical Data

The historical data trend for Playmaker Capital'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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Playmaker Capital Effective Interest Rate on Debt % Chart

Playmaker Capital Annual Data

Trend

Dec21

Dec22

Effective Interest Rate on Debt %

22.96

8.68

Playmaker Capital Quarterly Data
	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								13.46	10.24	8.04	9.25	9.67

Competitive Comparison of Playmaker Capital's Effective Interest Rate on Debt %

For the Gambling subindustry, Playmaker Capital'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.

Playmaker Capital's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

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

Playmaker Capital Effective Interest Rate on Debt % Calculation

Playmaker Capital's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -1.564	/	( (0.723	+	35.332)	/ 2 )
=	-1 * -1.564	/	18.0275
=	8.68 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.591	+	0.132
=	0.723

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.552	+	0.78
=	35.332

Playmaker Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -3.476	/	( (35.643	+	36.227)	/ 2 )
=	-1 * -3.476	/	35.935
=	9.67 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33.214	+	2.429
=	35.643

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.444	+	0.783
=	36.227

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Playmaker Capital (TSXV:PMKR) Effective Interest Rate on Debt % Explanation

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

Playmaker Capital Effective Interest Rate on Debt % Related Terms

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Playmaker Capital (TSXV:PMKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Playmaker Capital Inc (TSXV:PMKR) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

PMKRF:USA

Address

2 St. Clair Avenue West, Suite 601, Toronto, ON, CAN, M4V 1L5

Website

https://www.playmaker.fans

Playmaker Capital Inc is a digital sports media company that sits at the nexus of sports, media, gambling, and technology. Playmaker is building a collection of sports media brands, curated engaged audiences of sports fans to sports betting companies, leagues, teams, and advertisers. Its segment includes digital media, technology services, affiliate marketing, and corporate. Geographic locations are Canada, the United States, the United Kingdom, Uruguay, Rest of the World, and the majority of the revenue comes from the United States.

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