Reborn Coffee (Reborn Coffee) Effective Interest Rate on Debt % : 0.31% (As of Dec. 2023)

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What is Reborn Coffee 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. Reborn Coffee's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.02 Mil. Reborn Coffee's average total debt for the quarter that ended in Dec. 2023 was $6.42 Mil. Therefore, Reborn Coffee's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.31%.

Reborn Coffee Effective Interest Rate on Debt % Historical Data

The historical data trend for Reborn Coffee'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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Reborn Coffee Effective Interest Rate on Debt % Chart

Reborn Coffee Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.05

0.65

0.53

0.80

2.51

Reborn Coffee Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										-1.06	1.16	5.56	0.98	0.31

Competitive Comparison of Reborn Coffee's Effective Interest Rate on Debt %

For the Restaurants subindustry, Reborn Coffee'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.

Reborn Coffee's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Reborn Coffee's Effective Interest Rate on Debt % distribution charts can be found below:

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

Reborn Coffee Effective Interest Rate on Debt % Calculation

Reborn Coffee's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.129	/	( (3.85	+	6.429)	/ 2 )
=	-1 * -0.129	/	5.1395
=	2.51 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.105	+	0.745
=	3.85

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.414	+	2.015
=	6.429

Reborn Coffee's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.02	/	( (6.402	+	6.429)	/ 2 )
=	-1 * -0.02	/	6.4155
=	0.31 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.311	+	2.091
=	6.402

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.414	+	2.015
=	6.429

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Reborn Coffee (NAS:REBN) Effective Interest Rate on Debt % Explanation

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

Reborn Coffee Effective Interest Rate on Debt % Related Terms

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Reborn Coffee (Reborn Coffee) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Reborn Coffee Inc (NAS:REBN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 N. Berry Street, Brea, CA, USA, 92821

Website

https://www.reborncoffee.com

Reborn Coffee Inc is an operator and franchisor of retail locations and kiosks that focus on serving specialty-roasted coffee. The company operates in one reportable segment, consisting of both the wholesale and retail sales of coffee, water, and other beverages.

Executives

Nasim Andy Farouk Muhamad	director	NO 21 JALAN SETIABAKTI 9, BUKIT DAMANSARA, KUALA LUMPUR N8 50490
Jay Kim	director, 10 percent owner, officer: CEO	6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jinwoo Kim	officer: Chief Financial Officer	580 N. BERRY STREET, BREA CA 92821
Hannah Goh	director	580 N. BERRY STREET, BREA CA 92821
Dennis R. Egidi	director	580 N. BERRY STREET, BREA CA 92821
Sehan Kim	director	580 N. BERRY STREET, BREA CA 92821
Farooq M. Arjomand	director, 10 percent owner	580 N. BERRY STREET, BREA CA 92821