CubicFarm Systems (FRA:7CU) Effective Interest Rate on Debt %: 14.67% (As of Sep. 2024)

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FRA:7CU CubicFarm Systems Corp FRA:7CU
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What is CubicFarm Systems Effective Interest Rate on Debt %?

CubicFarm Systems FRA:7CU 10 Effective Interest Rate on Debt % is 14.67% as of Sep. 2024. GuruFocus rates FRA:7CU with a GF Score™ of 10/100.

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. CubicFarm Systems's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €1.82 Mil. CubicFarm Systems's average total debt for the quarter that ended in Sep. 2024 was €12.41 Mil. Therefore, CubicFarm Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 14.67%.


CubicFarm Systems  (FRA:7CU) Effective Interest Rate on Debt % Explanation

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


CubicFarm Systems Effective Interest Rate on Debt % Related Terms


CubicFarm Systems Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Effective Interest Rate on Debt % Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 1.57 16.10 14.99 17.89

CubicFarm Systems 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 17.48 16.77 17.89 15.33 14.67

FRA:7CU vs LEVGQ, NKLAQ, UGRO: Effective Interest Rate on Debt % Comparison

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.


CubicFarm Systems Effective Interest Rate on Debt % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Effective Interest Rate on Debt % distribution charts can be found below:

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


FRA:7CU
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CubicFarm Systems Corp FRA:7CU
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems Effective Interest Rate on Debt % Calculation

CubicFarm Systems'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  *  -1.964/( (9.497+12.457)/ 2 )
=-1  *  -1.964/10.977
=17.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.558 + 1.939
=9.497

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.947 + 10.51
=12.457

CubicFarm Systems'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  *  -1.82/( (12.256+12.56)/ 2 )
=-1  *  -1.82/12.408
=14.67 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.358 + 10.898
=12.256

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.297 + 11.263
=12.56

* 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 14.67% mean?
CubicFarm Systems (FRA:7CU) has a Effective Interest Rate on Debt % of 14.67% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CubicFarm Systems and its competitors.
Is CubicFarm Systems' Effective Interest Rate on Debt % too high?
CubicFarm Systems' current Effective Interest Rate on Debt % is 14.67%. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Effective Interest Rate on Debt % compare to LEVGQ and NKLAQ?
CubicFarm Systems' Effective Interest Rate on Debt % of 14.67% can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Effective Interest Rate on Debt % depends on the Farm & Heavy Construction Machinery 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 CubicFarm Systems and its competitors. CubicFarm Systems's current Effective Interest Rate on Debt % is 14.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (FRA:7CU) has a current Effective Interest Rate on Debt % of 14.67%. The current Effective Interest Rate on Debt % is 14.67%. CubicFarm Systems' overall GF Score™ is 10/100. 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 CubicFarm Systems (FRA:7CU), the current Effective Interest Rate on Debt % is 14.67% 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.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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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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