RIBT (RiceBran Technologies) Effective Interest Rate on Debt %: 19.75% (As of Mar. 2024)


RIBT RiceBran Technologies RIBT
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What is RiceBran Technologies Effective Interest Rate on Debt %?

RiceBran Technologies RIBT +100.00% 12 Effective Interest Rate on Debt % is 19.75% as of Mar. 2024. GuruFocus rates RIBT with a GF Score™ of 12/100.

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. RiceBran Technologies's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.98 Mil. RiceBran Technologies's average total debt for the quarter that ended in Mar. 2024 was $4.96 Mil. Therefore, RiceBran Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 19.75%.


RiceBran Technologies  (OTCPK:RIBT) Effective Interest Rate on Debt % Explanation

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


RiceBran Technologies Effective Interest Rate on Debt % Related Terms


RiceBran Technologies Effective Interest Rate on Debt % Historical Data

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The historical data trend for RiceBran Technologies'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.

RiceBran Technologies Effective Interest Rate on Debt % Chart

RiceBran Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 4.62 5.44 6.41 10.26

RiceBran Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.32 9.59 10.57 15.49 19.75

RIBT vs KHC, GIS, K: Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, RiceBran Technologies'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.


RiceBran Technologies Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

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


RIBT
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RiceBran Technologies RIBT
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RiceBran Technologies Effective Interest Rate on Debt % Calculation

RiceBran Technologies'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  *  -0.672/( (7.531+5.572)/ 2 )
=-1  *  -0.672/6.5515
=10.26 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.156 + 6.375
=7.531

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.362 + 2.21
=5.572

RiceBran Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.98/( (5.572+4.354)/ 2 )
=-1  *  -0.98/4.963
=19.75 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.362 + 2.21
=5.572

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.548 + 0.806
=4.354

* 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 (Mar. 2024) 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 19.75% mean?
RiceBran Technologies (RIBT) has a Effective Interest Rate on Debt % of 19.75% as of Mar. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on RiceBran Technologies and its competitors.
Is RiceBran Technologies' Effective Interest Rate on Debt % too high?
RiceBran Technologies' current Effective Interest Rate on Debt % is 19.75%. Overall, RiceBran Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does RiceBran Technologies' Effective Interest Rate on Debt % compare to KHC and GIS?
RiceBran Technologies' Effective Interest Rate on Debt % of 19.75% 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 RiceBran Technologies and its competitors. RiceBran Technologies's current Effective Interest Rate on Debt % is 19.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiceBran Technologies stock overvalued right now?
RiceBran Technologies (RIBT) has a current Effective Interest Rate on Debt % of 19.75%. The current Effective Interest Rate on Debt % is 19.75%. RiceBran Technologies' overall GF Score™ is 12/100. 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 RiceBran Technologies (RIBT), the current Effective Interest Rate on Debt % is 19.75% as of Mar. 2024. 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.

RiceBran Technologies Business Description

Address 25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375
RiceBran Technologies is a specialty ingredient company focused on developing, producing, and marketing products derived from traditional and ancient small grains. It creates and produces products utilizing proprietary processes to deliver improved nutrition, ease of use, and extended shelf-life, while addressing consumer demand for all-natural, non-GMO, and organic products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers, and retailers domestically and internationally. Its products includes Rice Bran and Grain Products.
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