Trees (CANN) Effective Interest Rate on Debt %: 13.48% (As of Sep. 2024)


CANN Trees Corp CANN
12 GF Score
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What is Trees Effective Interest Rate on Debt %?

Trees CANN -0.49% 12 Effective Interest Rate on Debt % is 13.48% as of Sep. 2024. GuruFocus rates CANN with a GF Score™ of 12/100.

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. Trees's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $2.37 Mil. Trees's average total debt for the quarter that ended in Sep. 2024 was $17.56 Mil. Therefore, Trees's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 13.48%.

Trees  (OTCPK:CANN) Effective Interest Rate on Debt % Explanation

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

Trees Effective Interest Rate on Debt % Related Terms

Trees Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Trees'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.

Trees Effective Interest Rate on Debt % Chart

Trees Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.20 21.13 17.60 17.14 12.74

Trees Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.57 10.01 15.19 14.29 13.48

CANN vs RAPH, LIFD, SHPH: Effective Interest Rate on Debt % Comparison

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

Trees Effective Interest Rate on Debt % vs Drug Manufacturers Industry

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

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


CANN
12GF Score
Trees Corp CANN
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trees Effective Interest Rate on Debt % Calculation

Trees'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  *  -2.575/( (22.54+17.878)/ 2 )
=-1  *  -2.575/20.209
=12.74 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.148 + 3.392
=22.54

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.734 + 2.144
=17.878

Trees's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -2.368/( (17.707+17.422)/ 2 )
=-1  *  -2.368/17.5645
=13.48 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.621 + 1.086
=17.707

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.639 + 1.783
=17.422

* 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 (Sep. 2024) 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 13.48% mean?
Trees (CANN) has a Effective Interest Rate on Debt % of 13.48% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Trees and its competitors.
Is Trees' Effective Interest Rate on Debt % too high?
Trees' current Effective Interest Rate on Debt % is 13.48%. Overall, Trees has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trees' Effective Interest Rate on Debt % compare to RAPH and LIFD?
Trees' Effective Interest Rate on Debt % of 13.48% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Effective Interest Rate on Debt % depends on the Drug Manufacturers 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 Trees and its competitors. Trees's current Effective Interest Rate on Debt % is 13.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trees stock overvalued right now?
Trees (CANN) has a current Effective Interest Rate on Debt % of 13.48%. The current Effective Interest Rate on Debt % is 13.48%. Trees' overall GF Score™ is 12/100. 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 Trees (CANN), the current Effective Interest Rate on Debt % is 13.48% as of Sep. 2024. 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.

Trees Business Description

Address 10030 W 27th Avenue, Wheat Ridge, CO, USA, 80215
Trees Corp is a vertically integrated cannabis company and multi-state operator in the United States. It has two segments Retail and Cultivation. It is pursuing a roll-up plan of licensed assets in mature markets while maintaining loyal, local customer bases. TREES owns and operates a light-deprivation greenhouse and a campus of indoor cultivation facilities in Boulder, dispensaries in Englewood, Longmont, and Berthoud, Colorado, and three dispensaries in Portland, Oregon.
12GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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