Real Good Food (LSE:RGD) Effective Interest Rate on Debt %

: 10.95% (As of Mar. 2023)

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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. Real Good Food's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was £3.28 Mil. Real Good Food's average total debt for the quarter that ended in Mar. 2023 was £29.96 Mil. Therefore, Real Good Food's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 10.95%.

Real Good Food Effective Interest Rate on Debt % Historical Data

The historical data trend for Real Good Food'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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Real Good Food Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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12.43

13.92

10.74

6.02

8.37

Real Good Food Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.79	5.43	9.28	5.99	10.95

Competitive Comparison

For the Confectioners subindustry, Real Good Food'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.

Real Good Food Effective Interest Rate on Debt % Distribution

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

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

Real Good Food Effective Interest Rate on Debt % Calculation

Real Good Food's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -2.491	/	( (28.214	+	31.335)	/ 2 )
=	-1 * -2.491	/	29.7745
=	8.37 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.448	+	3.766
=	28.214

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.979	+	5.356
=	31.335

Real Good Food's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -3.28	/	( (28.577	+	31.335)	/ 2 )
=	-1 * -3.28	/	29.956
=	10.95 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.299	+	3.278
=	28.577

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.979	+	5.356
=	31.335

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

Real Good Food (LSE:RGD) Effective Interest Rate on Debt % Explanation

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

Real Good Food Effective Interest Rate on Debt % Related Terms

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Real Good Food (LSE:RGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Real Good Food PLC (LSE:RGD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

229 Crown Street, Liverpool, GBR, L8 7RF

Website

https://www.realgoodfoodplc.com

Real Good Food PLC is engaged in the sourcing, manufacturing, and distribution of food to the retail and industrial sectors. The group operates in one main division: Cake Decoration. The Cake Decoration segment manufactures, sells and supplies cake decorating products and ingredients for the baking sector. Geographically, it derives a majority of revenue from the United Kingdom.

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