RGFC (The Real Good Food Co) Effective Interest Rate on Debt %: 12.07% (As of Sep. 2023)


RGFC The Real Good Food Co Inc RGFC
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What is The Real Good Food Co Effective Interest Rate on Debt %?

The Real Good Food Co RGFC +8.33% 14 Effective Interest Rate on Debt % is 12.07% as of Sep. 2023. GuruFocus rates RGFC with a GF Score™ of 14/100.

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. The Real Good Food Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $17.0 Mil. The Real Good Food Co's average total debt for the quarter that ended in Sep. 2023 was $141.1 Mil. Therefore, The Real Good Food Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 12.07%.

The Real Good Food Co  (OTCPK:RGFC) Effective Interest Rate on Debt % Explanation

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

The Real Good Food Co Effective Interest Rate on Debt % Related Terms

The Real Good Food Co Effective Interest Rate on Debt % Historical Data

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The historical data trend for The Real Good Food Co'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.

The Real Good Food Co Effective Interest Rate on Debt % Chart

The Real Good Food Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
20.35 17.06 13.78 10.13

The Real Good Food Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.19 10.79 11.21 11.96 12.07

RGFC vs PLAG, NAII, FARM: Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, The Real Good Food Co'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.

The Real Good Food Co Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where The Real Good Food Co's Effective Interest Rate on Debt % falls into.


RGFC
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The Real Good Food Co Inc RGFC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Real Good Food Co Effective Interest Rate on Debt % Calculation

The Real Good Food Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -7.421/( (37.728+108.745)/ 2 )
=-1  *  -7.421/73.2365
=10.13 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.162 + 1.566
=37.728

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=103.61 + 5.135
=108.745

The Real Good Food Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -17.028/( (138.64+143.608)/ 2 )
=-1  *  -17.028/141.124
=12.07 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=132.8 + 5.84
=138.64

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=136.695 + 6.913
=143.608

* 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. 2023) 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 12.07% mean?
The Real Good Food Co (RGFC) has a Effective Interest Rate on Debt % of 12.07% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on The Real Good Food Co and its competitors.
Is The Real Good Food Co's Effective Interest Rate on Debt % too high?
The Real Good Food Co's current Effective Interest Rate on Debt % is 12.07%. Overall, The Real Good Food Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does The Real Good Food Co's Effective Interest Rate on Debt % compare to PLAG and NAII?
The Real Good Food Co's Effective Interest Rate on Debt % of 12.07% 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 The Real Good Food Co and its competitors. The Real Good Food Co's current Effective Interest Rate on Debt % is 12.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Real Good Food Co stock overvalued right now?
The Real Good Food Co (RGFC) has a current Effective Interest Rate on Debt % of 12.07%. The current Effective Interest Rate on Debt % is 12.07%. The Real Good Food Co's overall GF Score™ is 14/100. 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 The Real Good Food Co (RGFC), the current Effective Interest Rate on Debt % is 12.07% as of Sep. 2023. 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.

The Real Good Food Co Business Description

Address 3 Executive Campus, Suite 155, Cherry Hill, NJ, USA, 08002
The Real Good Food Co Inc is a frozen food company that develops, markets, and manufactures foods high in protein, low in sugar, and gluten- and grain-free. The company produces breakfast sandwiches, entrees, and other products, primarily sold in the U.S. frozen food category. All of its revenue is derived from the United States.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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