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CCA Industries (CCA Industries) Effective Interest Rate on Debt % : 14.26% (As of Aug. 2023)


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What is CCA Industries 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. CCA Industries's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $0.20 Mil. CCA Industries's average total debt for the quarter that ended in Aug. 2023 was $1.40 Mil. Therefore, CCA Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 14.26%.

CCA Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for CCA Industries'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.

* Premium members only.

CCA Industries Effective Interest Rate on Debt % Chart

CCA Industries Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.62 67.84 16.89 19.10 22.33

CCA Industries Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Aug22 Aug23
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 15.61 19.27 18.10 3.40 14.26

Competitive Comparison of CCA Industries's Effective Interest Rate on Debt %

For the Household & Personal Products subindustry, CCA Industries'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.

CCA Industries's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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


CCA Industries Effective Interest Rate on Debt % Calculation

CCA Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2017 )+Total Debt  (A: Nov. 2018 ))/ count )
=-1  *  -0.488/( (2.016+2.354)/ 2 )
=-1  *  -0.488/2.185
=22.33 %

where

Total Debt  (A: Nov. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 2.016
=2.016

Total Debt  (A: Nov. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.844 + 1.51
=2.354

CCA Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2022 )+Total Debt  (Q: Aug. 2023 ))/ count )
=-1  *  -0.2/( (0+1.403)/ 1 )
=-1  *  -0.2/1.403
=14.26 %

where

Total Debt  (Q: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (Q: Aug. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.403
=1.403

* 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 (Aug. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

CCA Industries  (OTCPK:CAWW) Effective Interest Rate on Debt % Explanation

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

CCA Industries Effective Interest Rate on Debt % Related Terms

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CCA Industries (CCA Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » CCA Industries Inc (OTCPK:CAWW) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
MNKA SNBH DQWS BMXC PURE TANH SKVI SLGD NASO PG XPAR:OR LSE:ULVR CL BOM:500696 EL KMB LSE:RKT KVUE XTER:BEI XTER:HEN3
Traded in Other Exchanges
N/A
Address
Little Ferry, Post office box 735, Little Ferry, NJ, USA, 07643
Website
https://www.shopcca.com
CCA Industries Inc is a fast-moving consumer goods company. It is engaged in manufacturing and distributing health and beauty aid products. The company markets its products under several brand names such as Plus+White, Sudden Change, Nutra Nail, Bikini Zone, Hair Off, Solar Sense, Sunset Cafe, Lobe Miracle and Scar Zone. Its products are marketed and sold to the major drug, food chains, mass merchandisers, and wholesale beauty aids distributors throughout the United States and Canada.
Executives
Brian D Haveson director
Brent Funston director 12 CASTLE ROCK RD., LAGUNA BEACH CA 92651
Mills Justin William Iii director 110 MASONS WAY, NEWTOWN SQUARE PA 19073
Linda Shein director 65 CHALLENGER ROAD, SUITE 340, RIDGEFIELD PARK NJ 07660
Douglas J Haas officer: President 1 BELMONT AVENUE, BALA CYNWYD PA 19004
David Fineman director 1801 MARKET STREET, SUITE 1100, PHILADELPHIA PA 19103
Stephen Heit officer: Chief Financial Officer 65 CHALLENGER ROAD, SUITE 340, RIDGEFIELD PARK NJ 07660
Richard W Kornhauser officer: Chief Executive Officer C/O CCA INDUSTRIES, INC., 200 MURRAY HILL PARKWAY, EAST RUTHERFORD NJ 07073
Christopher R Hogg director 1010 SPROUL ROAD, BRYN MAWR PA 19010
Robert A Lage director 72 CYPRESS POINT LANE, JACKSON NJ 08527
Josephine B Marinos director 80 EAST END AVENUE, 7B, NEW YORK NY 10028
Capital Preservation Solutions, Llc 10 percent owner ONE BELMONT AVENUE, SUITE 602, BALA CYNWYD PA 19004
Capital Preservation Holdings, Llc 10 percent owner ONE BELMONT AVENUE, SUITE 602, BALA CYNWYD PA 19004
Lance T Funston 10 percent owner 1701 JFK BLVD, 25TH FLOOR, PHILADELPHIA PA 19103
Jonathan E Rothschild director C/O IMMUCELL CORP, 56 EVERGREEN DRIVE, PORTLAND ME 04103