NuVim (NUVM) Effective Interest Rate on Debt %: 0.00% (As of Jun. 2022)

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What is NuVim Effective Interest Rate on Debt %?

NuVim NUVM Effective Interest Rate on Debt % is 0.00% as of Jun. 2022.

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. NuVim's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $0.00 Mil. NuVim's average total debt for the quarter that ended in Jun. 2022 was $0.03 Mil. Therefore, NuVim's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 0.00%.


NuVim  (OTCPK:NUVM) Effective Interest Rate on Debt % Explanation

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


NuVim Effective Interest Rate on Debt % Related Terms


NuVim Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for NuVim'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.

NuVim Effective Interest Rate on Debt % Chart

NuVim Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Effective Interest Rate on Debt %
0.00 0.00 0.00 0.00 0.00

NuVim Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Jun21 Jun22
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NUVM vs MTTCF, PLBLF, KHC: Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, NuVim'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.


NuVim Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

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



NuVim Effective Interest Rate on Debt % Calculation

NuVim's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2007 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2006 )+Total Debt  (A: Dec. 2007 ))/ count )
=-1  *  0/( (0.575+0.65)/ 2 )
=-1  *  0/0.6125
=0.00 %

where

Total Debt  (A: Dec. 2007 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.603 + 0.047
=0.65

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  0/( (0+0.031)/ 1 )
=-1  *  0/0.031
=0.00 %

where

* 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 two times the semi-annual (Jun. 2022) 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 0.00% mean?
NuVim (NUVM) has a Effective Interest Rate on Debt % of 0.00% as of Jun. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NuVim and its competitors.
Is NuVim's Effective Interest Rate on Debt % too high?
NuVim's current Effective Interest Rate on Debt % is 0.00%.
How does NuVim's Effective Interest Rate on Debt % compare to MTTCF and PLBLF?
NuVim's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Effective Interest Rate on Debt % depends on the Consumer Packaged Goods 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 NuVim and its competitors. NuVim's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuVim stock overvalued right now?
NuVim (NUVM) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 NuVim (NUVM), the current Effective Interest Rate on Debt % is 0.00% as of Jun. 2022. 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.

NuVim Business Description

Address 32 Broughton Drive, Myrtle Beach, SC, USA, 29579
NuVim Inc is engaged in producing, marketing, and distributing powder mix dietary supplements under the NuVim brand. The company provides consumers with products that help bring an overall quality of life and help address specific health concerns. Its products help strengthen the immune system, enhance muscle, and bone health, and aid in consistent digestion while delivering daily requirements of vitamins C, E, B12, and zinc. There are varieties of powder mix products, Chocolate, Vanilla, and Strawberry, sold from its website. The NuVim dietary supplement products are marketed to both men and women in all stages of life and to help professional athletes, weekend warriors, and those incurring immune dysfunction or lack of energy and mental alertness.