HPMM (Hemp Naturals) Effective Interest Rate on Debt %: 2,671.43% (As of Nov. 2018)

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What is Hemp Naturals Effective Interest Rate on Debt %?

Hemp Naturals HPMM -95.00% Effective Interest Rate on Debt % is 2,671.43% as of Nov. 2018.

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. Hemp Naturals's annualized positive value of Interest Expense for the quarter that ended in Nov. 2018 was $1.50 Mil. Hemp Naturals's average total debt for the quarter that ended in Nov. 2018 was $0.06 Mil. Therefore, Hemp Naturals's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2018 was 2,671.43%.

Hemp Naturals  (OTCPK:HPMM) Effective Interest Rate on Debt % Explanation

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

Hemp Naturals Effective Interest Rate on Debt % Related Terms

Hemp Naturals Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Hemp Naturals'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.

Hemp Naturals Effective Interest Rate on Debt % Chart

Hemp Naturals Annual Data
Trend Nov15 Nov16 Nov17 Nov18
Effective Interest Rate on Debt %
0.00 0.00 0.00 642.47

Hemp Naturals Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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 0.00 0.00 1,440.00 284.75 2,671.43

HPMM vs RDGL, NBGV, BKIT: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Hemp Naturals'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.

Hemp Naturals Effective Interest Rate on Debt % vs Drug Manufacturers Industry

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

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


Hemp Naturals Effective Interest Rate on Debt % Calculation

Hemp Naturals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2017 )+Total Debt  (A: Nov. 2018 ))/ count )
=-1  *  -0.469/( (0+0.073)/ 1 )
=-1  *  -0.469/0.073
=642.47 %

where

Total Debt  (A: Nov. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Nov. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.073
=0.073

Hemp Naturals's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2018 )+Total Debt  (Q: Nov. 2018 ))/ count )
=-1  *  -1.496/( (0.039+0.073)/ 2 )
=-1  *  -1.496/0.056
=2,671.43 %

where

Total Debt  (Q: Aug. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.039
=0.039

Total Debt  (Q: Nov. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.073
=0.073

* 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 (Nov. 2018) 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 2,671.43% mean?
Hemp Naturals (HPMM) has a Effective Interest Rate on Debt % of 2,671.43% as of Nov. 2018. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Hemp Naturals and its competitors.
Is Hemp Naturals' Effective Interest Rate on Debt % too high?
Hemp Naturals' current Effective Interest Rate on Debt % is 2,671.43%.
How does Hemp Naturals' Effective Interest Rate on Debt % compare to RDGL and NBGV?
Hemp Naturals' Effective Interest Rate on Debt % of 2,671.43% 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 Hemp Naturals and its competitors. Hemp Naturals's current Effective Interest Rate on Debt % is 2,671.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemp Naturals stock overvalued right now?
Hemp Naturals (HPMM) has a current Effective Interest Rate on Debt % of 2,671.43%. The current Effective Interest Rate on Debt % is 2,671.43%. 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 Hemp Naturals (HPMM), the current Effective Interest Rate on Debt % is 2,671.43% as of Nov. 2018. 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.

Hemp Naturals Business Description

Address 7441 Route 9, Plattsburgh, NY, USA, 12901
Hemp Naturals Inc is a developmental stage company that plans to research, develop, acquire, and sell products made of industrial hemp. Its product offerings include a wide range of nutritional hemp health supplements, hemp drinks and foods, and beauty supply products.