Cannabist Company Holdings (NEOE:CBST) Effective Interest Rate on Debt % : 10.67% (As of Dec. 2024)

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What is Cannabist Company 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. Cannabist Company Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was C$70.9 Mil. Cannabist Company Holdings's average total debt for the quarter that ended in Dec. 2024 was C$664.7 Mil. Therefore, Cannabist Company Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 10.67%.

Cannabist Company Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Cannabist Company 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.

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Cannabist Company Holdings Effective Interest Rate on Debt % Chart

Cannabist Company Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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3.32

8.38

11.18

9.79

8.35

Cannabist Company Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.82	6.95	7.28	7.82	10.67

Competitive Comparison of Cannabist Company Holdings's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabist Company 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.

Cannabist Company Holdings's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

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

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Cannabist Company Holdings Effective Interest Rate on Debt % Calculation

Cannabist Company Holdings'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 * -59.051	/	( (732.948	+	681.606)	/ 2 )
=	-1 * -59.051	/	707.277
=	8.35 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	702.152	+	30.796
=	732.948

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	589.347	+	92.259
=	681.606

Cannabist Company Holdings'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 * -70.9	/	( (647.707	+	681.606)	/ 2 )
=	-1 * -70.9	/	664.6565
=	10.67 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	560.855	+	86.852
=	647.707

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	589.347	+	92.259
=	681.606

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.

Cannabist Company Holdings (NEOE:CBST) Effective Interest Rate on Debt % Explanation

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

Cannabist Company Holdings Effective Interest Rate on Debt % Related Terms

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Cannabist Company Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cannabist Company Holdings Inc (NEOE:CBST) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CBSTF:USA VW5:Germany

Address

321 Billerica Road, Suite 204, Chelmsford, MA, USA, 01824

Website

https://www.cannabistcompany.com

Cannabist Company Holdings Inc through its subsidiaries, operates as a cultivator, manufacturer, and provider of medical and adult-use cannabis products. Some of its products are vaporization oil, sublingual tinctures, lotions, hard-pressed tablets, and suppositories, among others which are marketed through brands like Classix, dreamt, Triple Seven, Amber, Press, Heady, and Seed and Strain. The company operates its businesses in California, Colorado, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia.

Executives

David Sirolly	Senior Officer
Julie Anne Hill	Director
Jesse Channon	Senior Officer
David Hart	Senior Officer
Derek Alan Watson	Senior Officer
Jeffrey James Clarke	Director
Alison Worthington	Director
Nicholas Keane Vita	10% Security Holder, Director
Bryan Lamont Olson	Senior Officer
Michael James Abbott	10% Security Holder, Director

Cannabist Company Holdings Headlines

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