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WNLV (Winvest Group) Effective Interest Rate on Debt % : 0.62% (As of Sep. 2024)


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What is Winvest 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. Winvest Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.00 Mil. Winvest Group's average total debt for the quarter that ended in Sep. 2024 was $0.65 Mil. Therefore, Winvest Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.62%.

Winvest Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Winvest 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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Winvest Group Effective Interest Rate on Debt % Chart

Winvest Group Annual Data
Trend May20 May21 Dec22 Dec23
Effective Interest Rate on Debt %
- - 0.67 1.76

Winvest Group Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.00 0.56 0.64 0.62

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

For the Entertainment subindustry, Winvest 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.

Winvest Group's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

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

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


Winvest Group Effective Interest Rate on Debt % Calculation

Winvest Group'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  *  -0.012/( (0.562+0.8)/ 2 )
=-1  *  -0.012/0.681
=1.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.562
=0.562

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.8
=0.8

Winvest Group'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: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.004/( (0.634+0.66)/ 2 )
=-1  *  -0.004/0.647
=0.62 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.634
=0.634

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.66
=0.66

* 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 four times the quarterly (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Winvest Group  (OTCPK:WNLV) Effective Interest Rate on Debt % Explanation

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

Winvest Group Effective Interest Rate on Debt % Related Terms

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Winvest Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Winvest Group Ltd (OTCPK:WNLV) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Website
https://www.winvestgroup.co
Winvest Group Ltd is an investment holding company that offers diverse media and entertainment portfolios via its operating subsidiaries. Winvest is principally engaged in content management, original intellectual properties development, aggregator services, and film financing and investment, as well as emerging technologies development for the media and entertainment industries.