BRLS (Borealis Foods) Effective Interest Rate on Debt %: 21.78% (As of Mar. 2026)


What is Borealis Foods Effective Interest Rate on Debt %?

Borealis Foods BRLS -1.87% Effective Interest Rate on Debt % is 21.78% as of Mar. 2026. The stock has 4 warning signs investors should review.

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. Borealis Foods's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $5.80 Mil. Borealis Foods's average total debt for the quarter that ended in Mar. 2026 was $26.64 Mil. Therefore, Borealis Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 21.78%.

Borealis Foods  (NAS:BRLS) Effective Interest Rate on Debt % Explanation

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

Borealis Foods Effective Interest Rate on Debt % Related Terms

Borealis Foods Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Borealis Foods'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.

Borealis Foods Effective Interest Rate on Debt % Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
2.01 43.79 21.29 10.21 20.17

Borealis Foods Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.62 15.27 22.23 21.32 21.78

BRLS vs HRGN, DTEAF, STCB: Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, Borealis Foods'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.

Borealis Foods Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Borealis Foods's Effective Interest Rate on Debt % falls into.


Borealis Foods Effective Interest Rate on Debt % Calculation

Borealis Foods's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -5.986/( (32.285+27.082)/ 2 )
=-1  *  -5.986/29.6835
=20.17 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.234 + 6.051
=32.285

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.608 + 26.474
=27.082

Borealis Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -5.8/( (27.082+26.189)/ 2 )
=-1  *  -5.8/26.6355
=21.78 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.608 + 26.474
=27.082

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.423 + 25.766
=26.189

* 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. 2026) 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 21.78% mean?
Borealis Foods (BRLS) has a Effective Interest Rate on Debt % of 21.78% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Borealis Foods and its competitors.
Is Borealis Foods' Effective Interest Rate on Debt % too high?
Borealis Foods' current Effective Interest Rate on Debt % is 21.78%.
How does Borealis Foods' Effective Interest Rate on Debt % compare to HRGN and DTEAF?
Borealis Foods' Effective Interest Rate on Debt % of 21.78% 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 Borealis Foods and its competitors. Borealis Foods's current Effective Interest Rate on Debt % is 21.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Foods stock overvalued right now?
Borealis Foods (BRLS) has a current Effective Interest Rate on Debt % of 21.78%. The current Effective Interest Rate on Debt % is 21.78%. 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 Borealis Foods (BRLS), the current Effective Interest Rate on Debt % is 21.78% as of Mar. 2026. 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.

Borealis Foods Business Description

Address 1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Borealis Foods Inc is a food technology integrator with a mission to address food security challenges through the development and commercialization of tasty, affordable, and sustainable functional foods. Borealis has developed a range of high-quality, affordable, sustainable, and nutritious premium, ready-to-eat meals sold in the United States, Canada, Central America, South America, and Europe. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing solutions to address food challenges.