Marijuana Company of America (Marijuana Company of America) Effective Interest Rate on Debt % : 64.79% (As of Sep. 2022)

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What is Marijuana Company of America 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. Marijuana Company of America's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $3.04 Mil. Marijuana Company of America's average total debt for the quarter that ended in Sep. 2022 was $4.70 Mil. Therefore, Marijuana Company of America's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 64.79%.

Marijuana Company of America Effective Interest Rate on Debt % Historical Data

The historical data trend for Marijuana Company of America'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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Marijuana Company of America Effective Interest Rate on Debt % Chart

Marijuana Company of America Annual Data

Trend

Dec00

Dec01

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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446.54

316.16

188.56

125.85

162.37

Marijuana Company of America Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															253.58	289.24	125.15	78.26	64.79

Competitive Comparison of Marijuana Company of America's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Marijuana Company of America'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.

Marijuana Company of America's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Marijuana Company of America's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Marijuana Company of America's Effective Interest Rate on Debt % falls into.

Marijuana Company of America Effective Interest Rate on Debt % Calculation

Marijuana Company of America's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -4.302	/	( (1.51	+	3.789)	/ 2 )
=	-1 * -4.302	/	2.6495
=	162.37 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.51
=	1.51

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	3.789
=	3.789

Marijuana Company of America's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * -3.044	/	( (4.533	+	4.863)	/ 2 )
=	-1 * -3.044	/	4.698
=	64.79 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.533
=	4.533

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.863
=	4.863

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Marijuana Company of America (OTCPK:MCOA) Effective Interest Rate on Debt % Explanation

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

Marijuana Company of America Effective Interest Rate on Debt % Related Terms

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Marijuana Company of America (Marijuana Company of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Marijuana Company of America Inc (OTCPK:MCOA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071

Website

http://www.marijuanacompanyofamerica.com

Marijuana Company of America Inc is a marijuana marketing and distribution company. Through its subsidiary, the company delivers all the benefits of industrial hemp-derived cannabinoid products to the world through its unique marketing and distribution platform through cDistro. It also provides turn-key services to the legal cannabis and hemp industry, as well as, strategically investing in synergistic companies to develop a diverse portfolio of subsidiaries and joint ventures that create value for our shareholders.

Executives

Jesus Quintero	director, 10 percent owner	16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Themistocles Psomiadis	director	1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464
Donald J Steinberg	director, 10 percent owner, officer: President	3223 SUMAC ROAD, FALLBROOK CA 92028
Charles John Larsen	director, 10 percent owner	333 WASHINGTON BLVD., #386, MARINA DEL REY CA 90292
Hymers Iii R. Leslie	director, 10 percent owner, officer: Chief Financial Officer	520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071