Webis Holdings (LSE:WEB) Effective Interest Rate on Debt % : 7.98% (As of Nov. 2023)

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What is Webis 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. Webis Holdings's annualized positive value of Interest Expense for the quarter that ended in Nov. 2023 was £0.14 Mil. Webis Holdings's average total debt for the quarter that ended in Nov. 2023 was £1.75 Mil. Therefore, Webis Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2023 was 7.98%.

Webis Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Webis 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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Webis Holdings Effective Interest Rate on Debt % Chart

Webis Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Effective Interest Rate on Debt %

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6.20

7.26

6.80

7.06

7.72

Webis Holdings Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.49	6.91	7.98	7.38	7.98

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

For the Gambling subindustry, Webis 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.

Webis Holdings's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

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

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

Webis Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2022 )	+	Total Debt (A: May. 2023 ))	/ count )
=	-1 * -0.128	/	( (1.68	+	1.635)	/ 2 )
=	-1 * -0.128	/	1.6575
=	7.72 %

where

	Total Debt (A: May. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.592	+	0.088
=	1.68

	Total Debt (A: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.265	+	0.37
=	1.635

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2023 )	+	Total Debt (Q: Nov. 2023 ))	/ count )
=	-1 * -0.14	/	( (1.635	+	1.873)	/ 2 )
=	-1 * -0.14	/	1.754
=	7.98 %

where

	Total Debt (Q: May. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.265	+	0.37
=	1.635

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.495	+	0.378
=	1.873

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

Webis Holdings (LSE:WEB) Effective Interest Rate on Debt % Explanation

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

Webis Holdings Effective Interest Rate on Debt % Related Terms

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Webis Holdings (LSE:WEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Webis Holdings PLC (LSE:WEB) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Nelson Street, Viking House, Douglas, IMN, IM1 2AH

Website

https://www.webisholdingsplc.com

Webis Holdings PLC is a holding company operating in gaming and technology sector. The company with its subsidiaries operates a totalizator wagering hub through its United States supplier, which enables it to conduct its Advanced Deposit Wagering business by passing wagers directly into racetrack betting pools in real time. Its operating segment includes Racetrack and ADW. The company generates maximum revenue from the Racetrack segment. Geographically, it derives a majority of revenue from North America.