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Paradise (Paradise) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2019)


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What is Paradise 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. Paradise's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was $0.00 Mil. Paradise's average total debt for the quarter that ended in Jun. 2019 was $0.50 Mil. Therefore, Paradise's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 0.00%.


Paradise Effective Interest Rate on Debt % Historical Data

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

Paradise Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 - - - -

Paradise Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 - - - - -

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

For the Confectioners subindustry, Paradise'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.


Paradise's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Paradise Effective Interest Rate on Debt % Calculation

Paradise's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  0/( (0.542+0.284)/ 2 )
=-1  *  0/0.413
=0.00 %

where

Paradise's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2019 )+Total Debt  (Q: Jun. 2019 ))/ count )
=-1  *  0/( (0.624+0.382)/ 2 )
=-1  *  0/0.503
=0.00 %

where

* 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 (Jun. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Paradise  (OTCPK:PARF) Effective Interest Rate on Debt % Explanation

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


Paradise Effective Interest Rate on Debt % Related Terms

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Paradise (Paradise) Business Description

Traded in Other Exchanges
N/A
Address
1200 W. Dr. Martin Luther King Jr. Boulevard, Plant City, FL, USA, 33563-5155
Paradise Inc is engaged in producing and selling of candied fruit and molded plastics. Its products are used by commercial and home bakers. It also designs and molds plastic containers for its product line and molded plastics for sale to customers. The operating business segments are Candied Fruit and Molded Plastics. The Candied Fruit segment is engaged in the production of candied fruit, a basic fruitcake ingredient, sold to manufacturing bakers, institutional users, and retailers for use in home baking. The Molded Plastics segment is engaged in the production of plastic containers for the company's products and other molded plastics for sale to unaffiliated customers.

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