FREEW (Whole Earth Brands) Effective Interest Rate on Debt %: 9.56% (As of Jun. 2024)

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FREEW Whole Earth Brands Inc FREEW
12 GF Score
Price $0.07
! 6 Warning Signs
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What is Whole Earth Brands Effective Interest Rate on Debt %?

Whole Earth Brands FREEW +3.82% 12 Effective Interest Rate on Debt % is 9.56% as of Jun. 2024. GuruFocus rates FREEW with a GF Score™ of 12/100. The stock has 6 warning signs investors should review.

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. Whole Earth Brands's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $43.94 Mil. Whole Earth Brands's average total debt for the quarter that ended in Jun. 2024 was $459.70 Mil. Therefore, Whole Earth Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 9.56%.


Whole Earth Brands  (NAS:FREEW) Effective Interest Rate on Debt % Explanation

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


Whole Earth Brands Effective Interest Rate on Debt % Related Terms


Whole Earth Brands Effective Interest Rate on Debt % Historical Data

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The historical data trend for Whole Earth Brands'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.

Whole Earth Brands Effective Interest Rate on Debt % Chart

Whole Earth Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 8.03 6.99 9.76

Whole Earth Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9.75 9.78 9.90 9.69 9.56

FREEW vs MAMA, LWAY, FTLF: Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, Whole Earth Brands'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.


Whole Earth Brands Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

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


FREEW
12GF Score
Whole Earth Brands Inc FREEW
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Whole Earth Brands Effective Interest Rate on Debt % Calculation

Whole Earth Brands'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  *  -43.974/( (457.39+443.385)/ 2 )
=-1  *  -43.974/450.3875
=9.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=444.836 + 12.554
=457.39

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=432.265 + 11.12
=443.385

Whole Earth Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -43.94/( (453.535+465.858)/ 2 )
=-1  *  -43.94/459.6965
=9.56 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=442.512 + 11.023
=453.535

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=456.338 + 9.52
=465.858

* 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 (Jun. 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 9.56% mean?
Whole Earth Brands (FREEW) has a Effective Interest Rate on Debt % of 9.56% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Whole Earth Brands and its competitors.
Is Whole Earth Brands' Effective Interest Rate on Debt % too high?
Whole Earth Brands' current Effective Interest Rate on Debt % is 9.56%. Overall, Whole Earth Brands has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Whole Earth Brands' Effective Interest Rate on Debt % compare to MAMA and LWAY?
Whole Earth Brands' Effective Interest Rate on Debt % of 9.56% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Effective Interest Rate on Debt % depends on the Consumer Packaged Goods 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 Whole Earth Brands and its competitors. Whole Earth Brands's current Effective Interest Rate on Debt % is 9.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whole Earth Brands stock overvalued right now?
Whole Earth Brands (FREEW) has a current Effective Interest Rate on Debt % of 9.56%. The current Effective Interest Rate on Debt % is 9.56%. Whole Earth Brands' overall GF Score™ is 12/100 with 6 warning signs to review. 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 Whole Earth Brands (FREEW), the current Effective Interest Rate on Debt % is 9.56% as of Jun. 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.

Whole Earth Brands Business Description

Address 125 South Wacker Drive, Suite 1250, Chicago, IL, USA, 60606
Whole Earth Brands Inc is a food company that provides access to high-quality, plant-based sweeteners, flavor enhancers and other foods through diverse portfolio of brands and products. The company operates in two segments namely, Branded CPG and Flavors & Ingredients. Its portfolio consists of three main product groups: sweeteners, adjacencies, and ingredients. Majority of the revenue is generated from the Branded CPG segment which provides a variety of sweetener formulations under brands such as Whole Earth, Pure Via, Wholesome, Swerve, Canderel, and Equal. Geographically, the company derives key revenue from North America and rest from Europe, Latin America, India, Middle East and Africa and other markets.
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