Bon Natural Life (Bon Natural Life) Effective Interest Rate on Debt % : 2.58% (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Bon Natural Life 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. Bon Natural Life's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.12 Mil. Bon Natural Life's average total debt for the quarter that ended in Sep. 2023 was $4.65 Mil. Therefore, Bon Natural Life's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 2.58%.

Bon Natural Life Effective Interest Rate on Debt % Historical Data

The historical data trend for Bon Natural Life'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.

Bon Natural Life Effective Interest Rate on Debt % Chart

Bon Natural Life Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.27

5.57

9.24

10.26

4.95

Bon Natural Life Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						8.76	13.65	6.60	6.82	2.58

Competitive Comparison of Bon Natural Life's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Bon Natural Life'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.

Bon Natural Life's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bon Natural Life's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bon Natural Life's Effective Interest Rate on Debt % falls into.

Bon Natural Life Effective Interest Rate on Debt % Calculation

Bon Natural Life's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -0.238	/	( (5.407	+	4.203)	/ 2 )
=	-1 * -0.238	/	4.805
=	4.95 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.517	+	4.89
=	5.407

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.963	+	3.24
=	4.203

Bon Natural Life's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.12	/	( (5.091	+	4.203)	/ 2 )
=	-1 * -0.12	/	4.647
=	2.58 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.243	+	4.848
=	5.091

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.963	+	3.24
=	4.203

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

Bon Natural Life (NAS:BON) Effective Interest Rate on Debt % Explanation

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

Bon Natural Life Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Bon Natural Life's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bon Natural Life (Bon Natural Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bon Natural Life Ltd (NAS:BON) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C601, Gazelle Valley, No.69 Jinye Road, Xi’an Hi-tech Zone, Xi’an, CHN, 710077

Website

https://www.bnlus.com

Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements. The company has its geographic presence in PRC and in Overseas.