HCANF (Halo Collective) Effective Interest Rate on Debt %: 5.55% (As of Jun. 2023)

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HCANF Halo Collective Inc HCANF
12 GF Score
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What is Halo Collective Effective Interest Rate on Debt %?

Halo Collective HCANF -99.00% 12 Effective Interest Rate on Debt % is 5.55% as of Jun. 2023. GuruFocus rates HCANF with a GF Score™ of 12/100.

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. Halo Collective's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.91 Mil. Halo Collective's average total debt for the quarter that ended in Jun. 2023 was $16.42 Mil. Therefore, Halo Collective's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 5.55%.

Halo Collective  (OTCPK:HCANF) Effective Interest Rate on Debt % Explanation

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

Halo Collective Effective Interest Rate on Debt % Related Terms

Halo Collective Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Halo Collective'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.

Halo Collective Effective Interest Rate on Debt % Chart

Halo Collective Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 11.17 10.10 12.22 14.89

Halo Collective Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 13.55 10.41 1.16 5.51 5.55

HCANF vs INLB, BGPPF, BLMS: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Halo Collective'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.

Halo Collective Effective Interest Rate on Debt % vs Drug Manufacturers Industry

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

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


HCANF
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Halo Collective Inc HCANF
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Halo Collective Effective Interest Rate on Debt % Calculation

Halo Collective's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -3.14/( (24.59+17.595)/ 2 )
=-1  *  -3.14/21.0925
=14.89 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.053 + 16.537
=24.59

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.852 + 3.743
=17.595

Halo Collective's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.912/( (16.356+16.481)/ 2 )
=-1  *  -0.912/16.4185
=5.55 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.211 + 4.145
=16.356

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.255 + 4.226
=16.481

* 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. 2023) 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 5.55% mean?
Halo Collective (HCANF) has a Effective Interest Rate on Debt % of 5.55% as of Jun. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Halo Collective and its competitors.
Is Halo Collective's Effective Interest Rate on Debt % too high?
Halo Collective's current Effective Interest Rate on Debt % is 5.55%. Overall, Halo Collective has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Halo Collective's Effective Interest Rate on Debt % compare to INLB and BGPPF?
Halo Collective's Effective Interest Rate on Debt % of 5.55% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Effective Interest Rate on Debt % depends on the Drug Manufacturers 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 Halo Collective and its competitors. Halo Collective's current Effective Interest Rate on Debt % is 5.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halo Collective stock overvalued right now?
Halo Collective (HCANF) has a current Effective Interest Rate on Debt % of 5.55%. The current Effective Interest Rate on Debt % is 5.55%. Halo Collective's overall GF Score™ is 12/100. 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 Halo Collective (HCANF), the current Effective Interest Rate on Debt % is 5.55% as of Jun. 2023. 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.

Halo Collective Business Description

Address 550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5
Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.
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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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