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S&W Seed Co (S&W Seed Co) Effective Interest Rate on Debt % : 13.83% (As of Dec. 2023)


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What is S&W Seed Co 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. S&W Seed Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $7.14 Mil. S&W Seed Co's average total debt for the quarter that ended in Dec. 2023 was $51.61 Mil. Therefore, S&W Seed Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 13.83%.


S&W Seed Co Effective Interest Rate on Debt % Historical Data

The historical data trend for S&W Seed Co'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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S&W Seed Co Effective Interest Rate on Debt % Chart

S&W Seed Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.20 7.53 6.58 6.88 12.33

S&W Seed Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.78 14.83 12.38 14.38 13.83

Competitive Comparison of S&W Seed Co's Effective Interest Rate on Debt %

For the Farm Products subindustry, S&W Seed Co'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.


S&W Seed Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where S&W Seed Co's Effective Interest Rate on Debt % falls into.



S&W Seed Co Effective Interest Rate on Debt % Calculation

S&W Seed Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -6.16/( (46.692+53.209)/ 2 )
=-1  *  -6.16/49.9505
=12.33 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.696 + 20.996
=46.692

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.499 + 48.71
=53.209

S&W Seed Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -7.136/( (50.319+52.905)/ 2 )
=-1  *  -7.136/51.612
=13.83 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.787 + 45.532
=50.319

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.862 + 48.043
=52.905

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


S&W Seed Co  (NAS:SANW) Effective Interest Rate on Debt % Explanation

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


S&W Seed Co Effective Interest Rate on Debt % Related Terms

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S&W Seed Co (S&W Seed Co) Business Description

Traded in Other Exchanges
Address
2101 Ken Pratt Boulevard, Suite 201, Longmont, CO, USA, 80501
S&W Seed Co is a multi-crop, middle-market agricultural company. It is engaged in the breeding, production, and sale of alfalfa seed and sorghum seed. It also has a growing commercial market presence in sunflower and maintains an active stevia development program. The company's seed platform develops and supplies germplasm designed to produce higher yields for farmers worldwide. It produces approximately 500 seed products and has a sale in more than 40 countries. Its geographical segments include the United States, Australia, Saudi Arabia, Mexico, South Africa, and other countries.
Executives
Vanessa Baughman officer: Interim CFO C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Mark Herrmann director C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Mark Wong director, officer: CEO and President BIOFUEL ENERGY CORP., 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Elizabeth Horton officer: Chief Financial Officer C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
David Thomas Callachor officer: Executive VP, International C/O S&W SEED COMPANY, 106 K STREET, SUITE 300, SACRAMENTO CA 95814
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Alan D Willits director 5122 PURDUE AVENUE, DALLAS TX 75209
Matthew K Szot officer: VP Finance and CFO 802 NORTH DOUTY STREET, HANFORD CA 93230
Robert D Straus director 230 EAST 44TH ST APT 9C, NEW YORK NY 10017
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner