FMHS (Farmhouse) Effective Interest Rate on Debt % : 38.81% (As of Jun. 2024)

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What is Farmhouse 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. Farmhouse's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $0.05 Mil. Farmhouse's average total debt for the quarter that ended in Jun. 2024 was $0.13 Mil. Therefore, Farmhouse's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 38.81%.

Farmhouse Effective Interest Rate on Debt % Historical Data

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

Farmhouse Annual Data

Trend

Dec01

Apr03

Apr04

Apr05

Apr06

Apr07

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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38.60

2.53

50.91

49.30

45.54

Farmhouse Quarterly Data
	Apr07	Jul07	Oct07	Mar08	Jun08	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															44.65	41.77	40.31	40.31	38.81

Competitive Comparison of Farmhouse's Effective Interest Rate on Debt %

For the Internet Content & Information subindustry, Farmhouse'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.

Farmhouse's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

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

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

Farmhouse Effective Interest Rate on Debt % Calculation

Farmhouse'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 * -0.051	/	( (0.095	+	0.129)	/ 2 )
=	-1 * -0.051	/	0.112
=	45.54 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.095
=	0.095

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.034	+	0.095
=	0.129

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -0.052	/	( (0.129	+	0.139)	/ 2 )
=	-1 * -0.052	/	0.134
=	38.81 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.034	+	0.095
=	0.129

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.034	+	0.105
=	0.139

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

Farmhouse (OTCPK:FMHS) Effective Interest Rate on Debt % Explanation

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

Farmhouse Effective Interest Rate on Debt % Related Terms

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Farmhouse Business Description

Industry

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Address

548 Market Street, Suite 90355, San Francisco, CA, USA, 94104

Website

https://www.farmhouse.tv

Farmhouse Inc is a platform provider to the regulated cannabis industry. Its main product is the WeedClub social network platform, which allows its members to digitally network with actual vetted cannabis industry stakeholders. It serves a wide range of areas within the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others.