FRTG (Frontera Group) Effective Interest Rate on Debt %: 75.47% (As of Dec. 2022)

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What is Frontera Group Effective Interest Rate on Debt %?

Frontera Group FRTG +5.26% Effective Interest Rate on Debt % is 75.47% as of Dec. 2022.

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. Frontera Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0.10 Mil. Frontera Group's average total debt for the quarter that ended in Dec. 2022 was $0.13 Mil. Therefore, Frontera Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 75.47%.

Frontera Group  (OTCPK:FRTG) Effective Interest Rate on Debt % Explanation

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

Frontera Group Effective Interest Rate on Debt % Related Terms

Frontera Group Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Frontera Group'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.

Frontera Group Effective Interest Rate on Debt % Chart

Frontera Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 2,528.57

Frontera Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.00 0.00 0.00 65.00 75.47

FRTG vs CTAS, CPRT, GPN: Effective Interest Rate on Debt % Comparison

For the Specialty Business Services subindustry, Frontera Group'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.

Frontera Group Effective Interest Rate on Debt % vs Business Services Industry

For the Business Services industry and Industrials sector, Frontera Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


Frontera Group Effective Interest Rate on Debt % Calculation

Frontera Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2021 )+Total Debt  (A: Jun. 2022 ))/ count )
=-1  *  -0.885/( (0+0.035)/ 1 )
=-1  *  -0.885/0.035
=2,528.57 %

where

Total Debt  (A: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.035
=0.035

Frontera Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -0.1/( (0.125+0.14)/ 2 )
=-1  *  -0.1/0.1325
=75.47 %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.125
=0.125

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.14
=0.14

* 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 (Dec. 2022) 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 75.47% mean?
Frontera Group (FRTG) has a Effective Interest Rate on Debt % of 75.47% as of Dec. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Frontera Group and its competitors.
Is Frontera Group's Effective Interest Rate on Debt % too high?
Frontera Group's current Effective Interest Rate on Debt % is 75.47%.
How does Frontera Group's Effective Interest Rate on Debt % compare to CTAS and CPRT?
Frontera Group's Effective Interest Rate on Debt % of 75.47% can be compared against companies in the Business Services 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 Business Services company?
A good Effective Interest Rate on Debt % depends on the Business Services 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 Frontera Group and its competitors. Frontera Group's current Effective Interest Rate on Debt % is 75.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontera Group stock overvalued right now?
Frontera Group (FRTG) has a current Effective Interest Rate on Debt % of 75.47%. The current Effective Interest Rate on Debt % is 75.47%. 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 Frontera Group (FRTG), the current Effective Interest Rate on Debt % is 75.47% as of Dec. 2022. 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.

Frontera Group Business Description

Address 701 South Carson Street, Suite 200, Carson City, NV, USA, 89701
Frontera Group Inc is organized as an export management company providing business development and market consultancy services to assist small and medium-sized enterprises (SMEs) seeking to enter new markets in Central and South America. The Company's principal products and services include providing export management and business development consulting services to assist SMEs, including market entry planning, trade facilitation, cross-border regulatory guidance, and business development advisory.