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Webuy Global (Webuy Global) Effective Interest Rate on Debt % : 7.28% (As of Dec. 2023)


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What is Webuy Global 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. Webuy Global's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.41 Mil. Webuy Global's average total debt for the quarter that ended in Dec. 2023 was $5.66 Mil. Therefore, Webuy Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.28%.

Webuy Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Webuy Global'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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Webuy Global Effective Interest Rate on Debt % Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
2.08 14.99 7.29

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % - 16.48 14.17 4.22 7.28

Competitive Comparison of Webuy Global's Effective Interest Rate on Debt %

For the Internet Retail subindustry, Webuy Global'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.

Webuy Global's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Webuy Global's Effective Interest Rate on Debt % distribution charts can be found below:

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


Webuy Global Effective Interest Rate on Debt % Calculation

Webuy Global'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  *  -0.294/( (2.54+5.522)/ 2 )
=-1  *  -0.294/4.031
=7.29 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.484 + 2.056
=2.54

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.399 + 3.123
=5.522

Webuy Global'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  *  -0.412/( (5.793+5.522)/ 2 )
=-1  *  -0.412/5.6575
=7.28 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.172 + 3.621
=5.793

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.399 + 3.123
=5.522

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

Webuy Global  (NAS:WBUY) Effective Interest Rate on Debt % Explanation

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

Webuy Global Effective Interest Rate on Debt % Related Terms

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Webuy Global (Webuy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Webuy Global Ltd (NAS:WBUY) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Website
https://www.webuysg.com
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.