GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inventure Foods Inc (NAS:SNAK) » Definitions » Effective Interest Rate on Debt %

Inventure Foods (Inventure Foods) Effective Interest Rate on Debt % : 9.70% (As of Sep. 2017)


View and export this data going back to 1996. Start your Free Trial

What is Inventure Foods 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. Inventure Foods's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $7.4 Mil. Inventure Foods's average total debt for the quarter that ended in Sep. 2017 was $75.8 Mil. Therefore, Inventure Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 9.70%.


Inventure Foods Effective Interest Rate on Debt % Historical Data

The historical data trend for Inventure Foods'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.

Inventure Foods Effective Interest Rate on Debt % Chart

Inventure Foods Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 1.94 3.33 6.45 8.73

Inventure Foods Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 4.91 20.25 8.95 10.38 9.70

Competitive Comparison of Inventure Foods's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Inventure Foods'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.


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

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

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



Inventure Foods Effective Interest Rate on Debt % Calculation

Inventure Foods's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -9.874/( (111.077+115.141)/ 2 )
=-1  *  -9.874/113.109
=8.73 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.251 + 1.826
=111.077

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 115.141
=115.141

Inventure Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -7.356/( (91+60.608)/ 2 )
=-1  *  -7.356/75.804
=9.70 %

where

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 60.608
=60.608

* 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 (Sep. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Inventure Foods  (NAS:SNAK) Effective Interest Rate on Debt % Explanation

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


Inventure Foods Effective Interest Rate on Debt % Related Terms

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


Inventure Foods (Inventure Foods) Business Description

Traded in Other Exchanges
N/A
Address
Inventure Foods Inc develops, produces markets and distributes snack food products and frozen berry products. The Company operates in two segments: frozen products and snack products.
Executives
Luther Jr King 10 percent owner 5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
John Bryan King 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Investment Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc 10 percent owner PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
Lkcm Core Discipline, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Micro-cap Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Harold S Edwards director SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Steven R Becker 10 percent owner 5525 NAKOMA DRIVE, DALLAS TX 75209

Inventure Foods (Inventure Foods) Headlines

From GuruFocus

Inventure Foods: Healthier Snacks Come at a Premium

By Mark Lin Mark Lin 02-13-2013

3 Stocks Advance as Wall Street Moves Back From Record Highs

By Omar Venerio Omar Venerio 09-13-2017