GCFB (Granite City Food & Brewery) Effective Interest Rate on Debt %: 8.54% (As of Jun. 2017)


What is Granite City Food & Brewery Effective Interest Rate on Debt %?

Granite City Food & Brewery GCFB Effective Interest Rate on Debt % is 8.54% as of Jun. 2017.

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. Granite City Food & Brewery's annualized positive value of Interest Expense for the quarter that ended in Jun. 2017 was $5.3 Mil. Granite City Food & Brewery's average total debt for the quarter that ended in Jun. 2017 was $61.6 Mil. Therefore, Granite City Food & Brewery's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2017 was 8.54%.

Granite City Food & Brewery  (OTCPK:GCFB) Effective Interest Rate on Debt % Explanation

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

Granite City Food & Brewery Effective Interest Rate on Debt % Related Terms

Granite City Food & Brewery Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Granite City Food & Brewery'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.

Granite City Food & Brewery Effective Interest Rate on Debt % Chart

Granite City Food & Brewery Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.81 9.74 8.15 7.47 6.21

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 6.81 5.76 4.41 6.22 8.54

GCFB vs BDVB, DBUB, GIGL: Effective Interest Rate on Debt % Comparison

For the Restaurants subindustry, Granite City Food & Brewery'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.

Granite City Food & Brewery Effective Interest Rate on Debt % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Granite City Food & Brewery's Effective Interest Rate on Debt % falls into.


Granite City Food & Brewery Effective Interest Rate on Debt % Calculation

Granite City Food & Brewery's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -3.781/( (59.276+62.413)/ 2 )
=-1  *  -3.781/60.8445
=6.21 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.763 + 2.513
=59.276

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.614 + 39.799
=62.413

Granite City Food & Brewery's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2017 )+Total Debt  (Q: Jun. 2017 ))/ count )
=-1  *  -5.256/( (62.764+60.356)/ 2 )
=-1  *  -5.256/61.56
=8.54 %

where

Total Debt  (Q: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.264 + 40.5
=62.764

Total Debt  (Q: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.65 + 39.706
=60.356

* 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. 2017) 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 8.54% mean?
Granite City Food & Brewery (GCFB) has a Effective Interest Rate on Debt % of 8.54% as of Jun. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Granite City Food & Brewery and its competitors.
Is Granite City Food & Brewery's Effective Interest Rate on Debt % too high?
Granite City Food & Brewery's current Effective Interest Rate on Debt % is 8.54%.
How does Granite City Food & Brewery's Effective Interest Rate on Debt % compare to BDVB and DBUB?
Granite City Food & Brewery's Effective Interest Rate on Debt % of 8.54% can be compared against companies in the Restaurants 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 Restaurants company?
A good Effective Interest Rate on Debt % depends on the Restaurants 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 Granite City Food & Brewery and its competitors. Granite City Food & Brewery's current Effective Interest Rate on Debt % is 8.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite City Food & Brewery stock overvalued right now?
Granite City Food & Brewery (GCFB) has a current Effective Interest Rate on Debt % of 8.54%. The current Effective Interest Rate on Debt % is 8.54%. 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 Granite City Food & Brewery (GCFB), the current Effective Interest Rate on Debt % is 8.54% as of Jun. 2017. 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.

Granite City Food & Brewery Business Description

Address 12701 Whitewater Drive, Suite 290, Minnetonka, MN, USA, 55343
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.