RedFlow (FRA:2RF) Effective Interest Rate on Debt %: 3.27% (As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
Price €0.05
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What is RedFlow Effective Interest Rate on Debt %?

RedFlow FRA:2RF 29 Effective Interest Rate on Debt % is 3.27% as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

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. RedFlow's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.00 Mil. RedFlow's average total debt for the quarter that ended in Dec. 2023 was €0.12 Mil. Therefore, RedFlow's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.27%.

RedFlow  (FRA:2RF) Effective Interest Rate on Debt % Explanation

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

RedFlow Effective Interest Rate on Debt % Related Terms

RedFlow Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for RedFlow'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.

RedFlow Effective Interest Rate on Debt % Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 8.51 8.42 6.85 2.84

RedFlow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.97 1.37 3.33 1.12 3.27

FRA:2RF vs JFTH, SPEC, VRT: Effective Interest Rate on Debt % Comparison

For the Electrical Equipment & Parts subindustry, RedFlow'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.

RedFlow Effective Interest Rate on Debt % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RedFlow's Effective Interest Rate on Debt % distribution charts can be found below:

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


FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow Effective Interest Rate on Debt % Calculation

RedFlow's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.006/( (0.273+0.149)/ 2 )
=-1  *  -0.006/0.211
=2.84 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.161 + 0.112
=0.273

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.044 + 0.105
=0.149

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.004/( (0.149+0.096)/ 2 )
=-1  *  -0.004/0.1225
=3.27 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.044 + 0.105
=0.149

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.096
=0.096

* 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 two times the semi-annual (Dec. 2023) 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 3.27% mean?
RedFlow (FRA:2RF) has a Effective Interest Rate on Debt % of 3.27% as of Dec. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on RedFlow and its competitors.
Is RedFlow's Effective Interest Rate on Debt % too high?
RedFlow's current Effective Interest Rate on Debt % is 3.27%. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Effective Interest Rate on Debt % compare to JFTH and SPEC?
RedFlow's Effective Interest Rate on Debt % of 3.27% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Effective Interest Rate on Debt % depends on the Industrial Products 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 RedFlow and its competitors. RedFlow's current Effective Interest Rate on Debt % is 3.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Effective Interest Rate on Debt % of 3.27%. The current Effective Interest Rate on Debt % is 3.27%. RedFlow's overall GF Score™ is 29/100. 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 RedFlow (FRA:2RF), the current Effective Interest Rate on Debt % is 3.27% as of Dec. 2023. 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.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF 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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