Fire & Flower Holdings (Fire & Flower Holdings) Effective Interest Rate on Debt % : 11.00% (As of Mar. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Fire & Flower Holdings 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. Fire & Flower Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $4.6 Mil. Fire & Flower Holdings's average total debt for the quarter that ended in Mar. 2023 was $42.3 Mil. Therefore, Fire & Flower Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 10.77%.

Fire & Flower Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Fire & Flower Holdings'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.

Fire & Flower Holdings Effective Interest Rate on Debt % Chart

Fire & Flower Holdings Annual Data

Trend

Jan20

Jan21

Jan22

Effective Interest Rate on Debt %

18.57

27.98

9.68

Fire & Flower Holdings Quarterly Data
	Feb18	May18	Aug18	Nov18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															9.53	11.03	10.33	9.73	11.00

Competitive Comparison of Fire & Flower Holdings's Effective Interest Rate on Debt %

For the Pharmaceutical Retailers subindustry, Fire & Flower Holdings'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.

Fire & Flower Holdings's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fire & Flower Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fire & Flower Holdings's Effective Interest Rate on Debt % falls into.

Fire & Flower Holdings Effective Interest Rate on Debt % Calculation

Fire & Flower Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2021 )	+	Total Debt (A: Jan. 2022 ))	/ count )
=	-1 * -5.866	/	( (62.522	+	58.649)	/ 2 )
=	-1 * -5.866	/	60.5855
=	9.68 %

where

	Total Debt (A: Jan. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	59.834	+	2.688
=	62.522

	Total Debt (A: Jan. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.659	+	19.99
=	58.649

Fire & Flower Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -4.56	/	( (43.182	+	41.461)	/ 2 )
=	-1 * -4.56	/	42.3215
=	10.77 %

where

	Total Debt (Q: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	37.537	+	5.645
=	43.182

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	27.199	+	14.262
=	41.461

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

Fire & Flower Holdings (OTCPK:FFLWF) Effective Interest Rate on Debt % Explanation

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

Fire & Flower Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Fire & Flower Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fire & Flower Holdings (Fire & Flower Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fire & Flower Holdings Corp (OTCPK:FFLWF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 King Street West, Suite 2500, Toronto, ON, CAN, M5X 1C8

Website

https://www.fireandflower.com

Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.

Fire & Flower Holdings (Fire & Flower Holdings) Headlines

From GuruFocus

BDSA Expands Retail Sales Tracking into the Canadian Market through Strategic Licensing Agreement with Fire & Flower Subsidiary Hifyre�

By Marketwired Marketwired • 03-10-2021

Fire & Flower US Holdings Inc. Closes $5,000,000 Convertible Debenture Financing

By PRNewswire PRNewswire • 08-25-2022