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Gaia Grow (FRA:GG00) Effective Interest Rate on Debt % : 16.29% (As of Sep. 2022)


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What is Gaia Grow 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. Gaia Grow's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was €0.15 Mil. Gaia Grow's average total debt for the quarter that ended in Sep. 2022 was €0.93 Mil. Therefore, Gaia Grow's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 16.29%.


Gaia Grow Effective Interest Rate on Debt % Historical Data

The historical data trend for Gaia Grow'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.

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Gaia Grow Effective Interest Rate on Debt % Chart

Gaia Grow Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.18 18.51

Gaia Grow Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 16.45 15.53 16.55 16.14 16.29

Competitive Comparison of Gaia Grow's Effective Interest Rate on Debt %

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


Gaia Grow's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

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



Gaia Grow Effective Interest Rate on Debt % Calculation

Gaia Grow's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -0.102/( (0.161+0.941)/ 2 )
=-1  *  -0.102/0.551
=18.51 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.114 + 0.047
=0.161

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.812 + 0.129
=0.941

Gaia Grow's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -0.152/( (0.939+0.927)/ 2 )
=-1  *  -0.152/0.933
=16.29 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.789 + 0.15
=0.939

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.766 + 0.161
=0.927

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Gaia Grow  (FRA:GG00) Effective Interest Rate on Debt % Explanation

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


Gaia Grow Effective Interest Rate on Debt % Related Terms

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Gaia Grow (FRA:GG00) Business Description

Industry
Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN
Gaia Grow Corp is a Canada based company engaged in producing hemp. Its main business focus is farming Industrial Hemp for Medical Purposes.

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