INDVR Brands (INDVR Brands) Effective Interest Rate on Debt % : 8.27% (As of Oct. 2021)

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What is INDVR Brands 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. INDVR Brands's annualized positive value of Interest Expense for the quarter that ended in Oct. 2021 was $0.38 Mil. INDVR Brands's average total debt for the quarter that ended in Oct. 2021 was $4.54 Mil. Therefore, INDVR Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2021 was 8.27%.

INDVR Brands Effective Interest Rate on Debt % Historical Data

The historical data trend for INDVR Brands'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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INDVR Brands Effective Interest Rate on Debt % Chart

INDVR Brands Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Effective Interest Rate on Debt %

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23.66

23.88

12.99

2.79

INDVR Brands Quarterly Data
	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.73	-14.55	7.45	6.15	8.27

Competitive Comparison of INDVR Brands's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.

INDVR Brands's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

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

INDVR Brands Effective Interest Rate on Debt % Calculation

INDVR Brands's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2020 )	+	Total Debt (A: Jan. 2021 ))	/ count )
=	-1 * -0.082	/	( (2.582	+	3.298)	/ 2 )
=	-1 * -0.082	/	2.94
=	2.79 %

where

	Total Debt (A: Jan. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.801	+	0.781
=	2.582

	Total Debt (A: Jan. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.023	+	1.275
=	3.298

INDVR Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2021 )	+	Total Debt (Q: Oct. 2021 ))	/ count )
=	-1 * -0.376	/	( (4.55	+	4.538)	/ 2 )
=	-1 * -0.376	/	4.544
=	8.27 %

where

	Total Debt (Q: Jul. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.882	+	1.668
=	4.55

	Total Debt (Q: Oct. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.818	+	1.72
=	4.538

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 (Oct. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

INDVR Brands (OTCPK:CAAOF) Effective Interest Rate on Debt % Explanation

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

INDVR Brands Effective Interest Rate on Debt % Related Terms

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INDVR Brands (INDVR Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » INDVR Brands Inc (OTCPK:CAAOF) » Definitions » Effective Interest Rate on Debt %

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Address

C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9

Website

https://www.indvr-brands.com

INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

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