VSME (VS Media Holdings) Effective Interest Rate on Debt % : 7.72% (As of Dec. 2023)

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What is VS Media Holdings 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. VS Media Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.29 Mil. VS Media Holdings's average total debt for the quarter that ended in Dec. 2023 was $3.71 Mil. Therefore, VS Media Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.72%.

VS Media Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for VS Media 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.

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VS Media Holdings Effective Interest Rate on Debt % Chart

VS Media Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

5.44

5.23

5.33

8.14

VS Media Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			4.84	4.49	5.80	7.95	7.72

Competitive Comparison of VS Media Holdings's Effective Interest Rate on Debt %

For the Advertising Agencies subindustry, VS Media 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.

VS Media Holdings's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

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

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

VS Media Holdings Effective Interest Rate on Debt % Calculation

VS Media Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.291	/	( (3.593	+	3.557)	/ 2 )
=	-1 * -0.291	/	3.575
=	8.14 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.667	+	2.926
=	3.593

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.208	+	3.349
=	3.557

VS Media Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.286	/	( (3.856	+	3.557)	/ 2 )
=	-1 * -0.286	/	3.7065
=	7.72 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.561	+	3.295
=	3.856

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.208	+	3.349
=	3.557

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

VS Media Holdings (NAS:VSME) Effective Interest Rate on Debt % Explanation

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

VS Media Holdings Effective Interest Rate on Debt % Related Terms

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VS Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG

Website

https://www.vs-media.com

VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.