GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Healthy Choice Wellness Corp (AMEX:HCWC) » Definitions » Effective Interest Rate on Debt %

HCWC (Healthy Choice Wellness) Effective Interest Rate on Debt % : 3.65% (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Healthy Choice Wellness 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. Healthy Choice Wellness's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.92 Mil. Healthy Choice Wellness's average total debt for the quarter that ended in Dec. 2024 was $25.34 Mil. Therefore, Healthy Choice Wellness's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.65%.

Healthy Choice Wellness Effective Interest Rate on Debt % Historical Data

The historical data trend for Healthy Choice Wellness'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.

* Premium members only.

Healthy Choice Wellness Effective Interest Rate on Debt % Chart

Healthy Choice Wellness Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
1.57 0.37 1.45 4.26

Healthy Choice Wellness Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.12 2.79 3.19 8.03 3.65

Competitive Comparison of Healthy Choice Wellness's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Healthy Choice Wellness'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.

Healthy Choice Wellness's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Healthy Choice Wellness's Effective Interest Rate on Debt % falls into.


;
;

Healthy Choice Wellness Effective Interest Rate on Debt % Calculation

Healthy Choice Wellness's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.849/( (14.317+25.52)/ 2 )
=-1  *  -0.849/19.9185
=4.26 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.865 + 3.452
=14.317

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.792 + 5.728
=25.52

Healthy Choice Wellness's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.924/( (25.161+25.52)/ 2 )
=-1  *  -0.924/25.3405
=3.65 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.918 + 5.243
=25.161

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.792 + 5.728
=25.52

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Healthy Choice Wellness  (AMEX:HCWC) Effective Interest Rate on Debt % Explanation

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

Healthy Choice Wellness Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Healthy Choice Wellness's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Healthy Choice Wellness Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Healthy Choice Wellness Corp (AMEX:HCWC) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
LIMX SOWG BABB DDC INBP HIGR BTTR RKDA NGTF TOFB XSWX:NESN XPAR:BN KHC SHSE:603288 GIS K NSE:NESTLEIND SHSE:600887 SZSE:300999 LSE:ABF
Traded in Other Exchanges
N/A
Address
3800 North 28th Way, Hollywood, FL, USA, 33020
Website
https://www.healthiercmc.com
Healthy Choice Wellness Corp is a company engaged in providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. The company has one reportable segment which is natural and organic retail stores.