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Kalera (Kalera) Effective Interest Rate on Debt % : 2.67% (As of Sep. 2022)


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What is Kalera 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. Kalera's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $2.71 Mil. Kalera's average total debt for the quarter that ended in Sep. 2022 was $101.40 Mil. Therefore, Kalera's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 2.67%.


Kalera Effective Interest Rate on Debt % Historical Data

The historical data trend for Kalera'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.

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Kalera Effective Interest Rate on Debt % Chart

Kalera Annual Data
Trend Dec20 Dec21
Effective Interest Rate on Debt %
6.49 4.87

Kalera Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22
Effective Interest Rate on Debt % Get a 7-Day Free Trial - - 11.20 3.02 2.67

Competitive Comparison of Kalera's Effective Interest Rate on Debt %

For the Farm Products subindustry, Kalera'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.


Kalera's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Kalera Effective Interest Rate on Debt % Calculation

Kalera's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -1.634/( (7.756+59.335)/ 2 )
=-1  *  -1.634/33.5455
=4.87 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.625 + 0.131
=7.756

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=57.717 + 1.618
=59.335

Kalera's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -2.708/( (96.506+106.296)/ 2 )
=-1  *  -2.708/101.401
=2.67 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=83.426 + 13.08
=96.506

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=103.361 + 2.935
=106.296

* 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 (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Kalera  (OTCPK:KALRQ) Effective Interest Rate on Debt % Explanation

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


Kalera Effective Interest Rate on Debt % Related Terms

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Kalera (Kalera) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Earlsfort Terrace, Dublin, IRL, D02 T380
Kalera PLC is a vertical farming company. It produces fresh, nutritious, and excellent tasting leafy greens with minimal environmental impact. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence. Kalera currently operates farms in Orlando (Florida), Atlanta (Georgia), Houston (Texas), and Kuwait.
Executives
Jong Brent De director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Maria Sastre director C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
James Leighton director, officer: Chief Executive Officer 11408 NEWPORT BAY DRIVE, BERLIN MD 21811
Robert Arnall director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Umur Hursever director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Aric Nissen officer: Chief Marketing Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Henner Schwarz officer: Chief Commercial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Cristian Toma director, officer: Chief Science Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Austin Martin officer: Chief Operating Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Fernando Cornejo officer: Chief Financial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Faisal Almeshal director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Sonny Perdue director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Jade Stinson officer: Chief Innovation Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322