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Brewbilt Brewing Co (Brewbilt Brewing Co) Effective Interest Rate on Debt % : 22.64% (As of Mar. 2024)


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What is Brewbilt Brewing 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. Brewbilt Brewing Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.99 Mil. Brewbilt Brewing Co's average total debt for the quarter that ended in Mar. 2024 was $4.38 Mil. Therefore, Brewbilt Brewing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 22.64%.


Brewbilt Brewing Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Brewbilt Brewing 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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Brewbilt Brewing Co Effective Interest Rate on Debt % Chart

Brewbilt Brewing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.04 212.22 195.31 115.60 73.96

Brewbilt Brewing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 74.11 102.15 54.10 92.45 22.64

Competitive Comparison of Brewbilt Brewing Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Brewbilt Brewing 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.


Brewbilt Brewing Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brewbilt Brewing Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Brewbilt Brewing Co Effective Interest Rate on Debt % Calculation

Brewbilt Brewing Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -2.509/( (2.523+4.262)/ 2 )
=-1  *  -2.509/3.3925
=73.96 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.307 + 1.216
=2.523

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.772 + 2.49
=4.262

Brewbilt Brewing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.992/( (4.262+4.501)/ 2 )
=-1  *  -0.992/4.3815
=22.64 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.772 + 2.49
=4.262

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.956 + 2.545
=4.501

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Brewbilt Brewing Co  (OTCPK:BRBL) Effective Interest Rate on Debt % Explanation

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


Brewbilt Brewing Co Effective Interest Rate on Debt % Related Terms

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Brewbilt Brewing Co (Brewbilt Brewing Co) Business Description

Traded in Other Exchanges
N/A
Address
110 Spring Hill Drive, Suite 17, Grass Valley, CA, USA, 95945
Brewbilt Brewing Co is engaged in the manufacturing of custom designs and handcrafts brewing and fermentation equipment and supplies necessary equipment for craft beer production. BrewBilt Brewing produces satisfying beers using small-batch California malt for a good-quality beer. The facility and experienced staff ferment the lagers in stacked horizontal lagering tanks and give them plenty of cold aging time to achieve optimal taste and clarity. The packaging process utilizes a counter-pressure Codi line to ensure the lowest possible level of packaged oxygen, maximizing product stability and continuity over its shelf life.
Executives
Jef Howard Lewis director 318 CLAY STREET, NEVADA CITY CA 95959
Bennett Buchanan director 13848 LAVA DOME WAY, NEVADA CITY CA 95959
James Powell director, officer: President 999 18TH STREET, SUITE 3000, DENVER CO 80202
Tim C Deherrera director 1400 16TH STREET, SUITE 400, DENVER CO 80202
Paul Watts director, officer: President 33 CAVENDISH SQUARE, LONDON X0 W140RA
Kelly Sundberg director, 10 percent owner, officer: President 45 COVE PARK ROAD NE, CALGARY A0 T3K 5XB

Brewbilt Brewing Co (Brewbilt Brewing Co) Headlines