Quantum Foods Holdings (JSE:QFH) Effective Interest Rate on Debt % : 21.39% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Quantum Foods Holdings 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. Quantum Foods Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was R20 Mil. Quantum Foods Holdings's average total debt for the quarter that ended in Mar. 2024 was R95 Mil. Therefore, Quantum Foods Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 21.39%.

Quantum Foods Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Quantum Foods Holdings'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.

Quantum Foods Holdings Effective Interest Rate on Debt % Chart

Quantum Foods Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

64.08

22.00

13.10

12.28

23.62

Quantum Foods Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															12.73	15.04	15.33	24.04	21.39

Competitive Comparison of Quantum Foods Holdings's Effective Interest Rate on Debt %

For the Farm Products subindustry, Quantum Foods Holdings'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.

Quantum Foods Holdings's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Quantum Foods Holdings's Effective Interest Rate on Debt % falls into.

Quantum Foods Holdings Effective Interest Rate on Debt % Calculation

Quantum Foods Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -23.585	/	( (156.527	+	43.206)	/ 2 )
=	-1 * -23.585	/	99.8665
=	23.62 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56.021	+	100.506
=	156.527

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.907	+	21.299
=	43.206

Quantum Foods Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -20.368	/	( (43.206	+	147.208)	/ 2 )
=	-1 * -20.368	/	95.207
=	21.39 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.907	+	21.299
=	43.206

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	122.237	+	24.971
=	147.208

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 two times the semi-annual (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Quantum Foods Holdings (JSE:QFH) Effective Interest Rate on Debt % Explanation

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

Quantum Foods Holdings Effective Interest Rate on Debt % Related Terms

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

Quantum Foods Holdings (JSE:QFH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Quantum Foods Holdings Ltd (JSE:QFH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Main Road, Wellington, WC, ZAF, 7655

Website

https://www.quantumfoods.co.za

Quantum Foods Holdings Ltd is a food manufacturing company. It is engaged in the feeds and poultry business providing animal protein to selected South African and African markets. The company's segments include Eggs, Farming, Animal feeds, and other African countries. Quantum Foods comprises eggs, broiler and layer farming and animal feeds in South Africa. The company derives majority of its revenue from Animal feeds.

Quantum Foods Holdings (JSE:QFH) Headlines

No Headlines