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Kartoon Studios (Kartoon Studios) Effective Interest Rate on Debt % : 3.79% (As of Mar. 2024)


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What is Kartoon Studios 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. Kartoon Studios's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.93 Mil. Kartoon Studios's average total debt for the quarter that ended in Mar. 2024 was $24.57 Mil. Therefore, Kartoon Studios's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.79%.


Kartoon Studios Effective Interest Rate on Debt % Historical Data

The historical data trend for Kartoon Studios'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.

* Premium members only.

Kartoon Studios Effective Interest Rate on Debt % Chart

Kartoon Studios Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.83 17.75 0.30 4.80 5.48

Kartoon Studios Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.22 5.70 5.91 4.78 3.79

Competitive Comparison of Kartoon Studios's Effective Interest Rate on Debt %

For the Entertainment subindustry, Kartoon Studios'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.


Kartoon Studios's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

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

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



Kartoon Studios Effective Interest Rate on Debt % Calculation

Kartoon Studios'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  *  -3.315/( (92.373+28.715)/ 2 )
=-1  *  -3.315/60.544
=5.48 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.115 + 83.258
=92.373

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.664 + 21.051
=28.715

Kartoon Studios's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.932/( (28.715+20.416)/ 2 )
=-1  *  -0.932/24.5655
=3.79 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.664 + 21.051
=28.715

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.151 + 13.265
=20.416

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


Kartoon Studios  (AMEX:TOON) Effective Interest Rate on Debt % Explanation

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


Kartoon Studios Effective Interest Rate on Debt % Related Terms

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Kartoon Studios (Kartoon Studios) Business Description

Traded in Other Exchanges
Address
190 N. Canon Drive, 4th Floor, Beverly Hills, CA, USA, 90210
Kartoon Studios Inc is a media company developing, producing, marketing, and licensing branded animated entertainment properties and consumer products for media and retail distribution. Its portfolio features programming for toddlers to tweens, including the preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix, Stan Lee's Superhero Kindergarten, Shaq's Garage, toddler brand Baby Genius, STEM-based series Thomas Edison's Secret Lab, Warren Buffett's Secret Millionaires Club, and the new preschool show, Stan Lee's Superhero Kindergarten. The company's channel is available on television and mobile devices through distribution platforms, including Comcast, Cox, DISH, Sling TV, Apple TV, Roku, Android TV, Tubi, Xumo, and Amazon Fire.
Executives
Brian Parisi officer: CFO 3873 HAMPSTEAD RD., LA CANADA FLINTRIDGE CA 91011
Henry Iii Sicignano director 8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Cynthia Turner-graham director C/O GENIUS BRANDS INTERNATIONAL, INC., 190 N. CANON DRIVE, 4TH FL, BEVERLY HILLS CA 90210
Michael Hirsh director 16 WYCHWOOD PARK, TORONTO Z4 M6G 2V5
Stefan Piech director WOLLZEILE 6-8/II/2/TOP 50, VIENNA C4 1010
Harold Chizick officer: Pres. Content Sales & Mkting 202 HILLHURST BLVD., NORTH YORK, ONTARIO Z4 M5N 1P4
Zrinka Dekic officer: See Remarks C/O GENIUS BRANDS INTERNATIONAL, INC., 190 N. CANON DRIVE, 4TH FLOOR, BEVERLY HILLS CA 90210
Michael G Klein director 433 N. CANDEN DR., #500, BEVERLY HILLS CA 90210
Karen Mctier director 190 NORTH CANON DRIVE, 4TH FLOOR, BEVERLY HILLS CA 90210
Andrew A Heyward director, 10 percent owner, officer: CEO 9401 WILSHIRE BOULEVARD, SUITE 608, BEVERLY HILLS CA 90212
Michael Jaffa officer: Genl Counsel & SVP Bus. Aff. C/O GENIUS BRANDS INTERNATIONAL, INC., 131 S. RODEO DRIVE, SUITE 250, BEVERLY HILLS CA 90212
Robert L. Denton officer: Chief Financial Officer C/O GENIUS BRANDS INTERNATIONAL, INC., 131 S. RODEO DRIVE, SUITE 250, BEVERLY HILLS CA 90212
Gray Davis director C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD., SUITE 400, BONITA SPRINGS FL 34134
Gregory Payne officer: EVP Oper. & Legal/Bus. Affairs 9401 WILSHIRE BOULEVARD, SUITE 608, BEVELY HILLS CA 90212
Lynne A Segall director 9401 WILSHIRE BOULEVARD, SUITE 608, BEVERLY HILLS CA 90212