BBCO (The Better Being Co) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2021)


What is The Better Being Co Effective Interest Rate on Debt %?

The Better Being Co BBCO Effective Interest Rate on Debt % is 0.00% as of Mar. 2021.

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. The Better Being Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2021 was $0.00 Mil. The Better Being Co's average total debt for the quarter that ended in Mar. 2021 was $365.43 Mil. Therefore, The Better Being Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 was 0.00%.

The Better Being Co  (NYSE:BBCO) Effective Interest Rate on Debt % Explanation

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

The Better Being Co Effective Interest Rate on Debt % Related Terms

The Better Being Co Effective Interest Rate on Debt % Historical Data

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The historical data trend for The Better Being 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.

The Better Being Co Effective Interest Rate on Debt % Chart

The Better Being Co Annual Data
Trend Sep19 Sep20
Effective Interest Rate on Debt %
9.06 10.91

The Better Being Co Semi-Annual Data
Sep19 Sep20 Mar21
Effective Interest Rate on Debt % 0.00 0.00 0.00

BBCO vs : Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, The Better Being 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.

The Better Being Co Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

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


The Better Being Co Effective Interest Rate on Debt % Calculation

The Better Being Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2019 )+Total Debt  (A: Sep. 2020 ))/ count )
=-1  *  -36.629/( (331.521+340.231)/ 2 )
=-1  *  -36.629/335.876
=10.91 %

where

Total Debt  (A: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=329.035 + 2.486
=331.521

Total Debt  (A: Sep. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=333.715 + 6.516
=340.231

The Better Being Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2020 )+Total Debt  (Q: Mar. 2021 ))/ count )
=-1  *  0/( (340.231+390.63)/ 2 )
=-1  *  0/365.4305
=0.00 %

where

Total Debt  (Q: Sep. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=333.715 + 6.516
=340.231

Total Debt  (Q: Mar. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=380.63 + 10
=390.63

* 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 one times the annual (Mar. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
The Better Being Co (BBCO) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on The Better Being Co and its competitors.
Is The Better Being Co's Effective Interest Rate on Debt % too high?
The Better Being Co's current Effective Interest Rate on Debt % is 0.00%.
How does The Better Being Co's Effective Interest Rate on Debt % compare to ?
The Better Being Co's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Consumer Packaged Goods company?
A good Effective Interest Rate on Debt % depends on the Consumer Packaged Goods industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on The Better Being Co and its competitors. The Better Being Co's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Better Being Co stock overvalued right now?
The Better Being Co (BBCO) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For The Better Being Co (BBCO), the current Effective Interest Rate on Debt % is 0.00% as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Better Being Co Business Description

Comparable Companies
The Better Being Co is a whole-body wellness platform that develops, manufactures, markets, and distributes trusted and beneficial vitamins, supplements, minerals, and personal care products. Its core brands include Solaray, KAL, Zhou, Nu U, Heritage Store, Life Flo, and Zand Immunity.