RMHB (Rocky Mountain High Brands) Effective Interest Rate on Debt %: 39.69% (As of Jun. 2020)


What is Rocky Mountain High Brands Effective Interest Rate on Debt %?

Rocky Mountain High Brands RMHB Effective Interest Rate on Debt % is 39.69% as of Jun. 2020.

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. Rocky Mountain High Brands's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $0.44 Mil. Rocky Mountain High Brands's average total debt for the quarter that ended in Jun. 2020 was $1.10 Mil. Therefore, Rocky Mountain High Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 39.69%.

Rocky Mountain High Brands  (OTCPK:RMHB) Effective Interest Rate on Debt % Explanation

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

Rocky Mountain High Brands Effective Interest Rate on Debt % Related Terms

Rocky Mountain High Brands Effective Interest Rate on Debt % Historical Data

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The historical data trend for Rocky Mountain High Brands'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.

Rocky Mountain High Brands Effective Interest Rate on Debt % Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 8.33 1,108.67 0.00 147.51 100.75

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 225.06 217.58 -24.17 58.32 39.69

RMHB vs MOJO, CIRX, JSDA: Effective Interest Rate on Debt % Comparison

For the Beverages - Non-Alcoholic subindustry, Rocky Mountain High Brands'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.

Rocky Mountain High Brands Effective Interest Rate on Debt % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Rocky Mountain High Brands's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Rocky Mountain High Brands's Effective Interest Rate on Debt % falls into.


Rocky Mountain High Brands Effective Interest Rate on Debt % Calculation

Rocky Mountain High Brands's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2018 )+Total Debt  (A: Dec. 2019 ))/ count )
=-1  *  -0.878/( (0.704+1.039)/ 2 )
=-1  *  -0.878/0.8715
=100.75 %

where

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.704
=0.704

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.039
=1.039

Rocky Mountain High Brands's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2020 )+Total Debt  (Q: Jun. 2020 ))/ count )
=-1  *  -0.436/( (1.046+1.151)/ 2 )
=-1  *  -0.436/1.0985
=39.69 %

where

Total Debt  (Q: Mar. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.046
=1.046

Total Debt  (Q: Jun. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.151
=1.151

* 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 (Jun. 2020) 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 39.69% mean?
Rocky Mountain High Brands (RMHB) has a Effective Interest Rate on Debt % of 39.69% as of Jun. 2020. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Rocky Mountain High Brands and its competitors.
Is Rocky Mountain High Brands' Effective Interest Rate on Debt % too high?
Rocky Mountain High Brands' current Effective Interest Rate on Debt % is 39.69%.
How does Rocky Mountain High Brands' Effective Interest Rate on Debt % compare to MOJO and CIRX?
Rocky Mountain High Brands' Effective Interest Rate on Debt % of 39.69% can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Effective Interest Rate on Debt % depends on the Beverages - Non-Alcoholic 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 Rocky Mountain High Brands and its competitors. Rocky Mountain High Brands's current Effective Interest Rate on Debt % is 39.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocky Mountain High Brands stock overvalued right now?
Rocky Mountain High Brands (RMHB) has a current Effective Interest Rate on Debt % of 39.69%. The current Effective Interest Rate on Debt % is 39.69%. 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 Rocky Mountain High Brands (RMHB), the current Effective Interest Rate on Debt % is 39.69% as of Jun. 2020. 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.

Rocky Mountain High Brands Business Description

Address 12150 Shiloh Road, Suite 120, Dallas, TX, USA, 75228
Rocky Mountain High Brands Inc is a Dallas-based consumer goods company that offers energy drinks. The company specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. The company delivers a fresh line of clean-label energy drinks supercharged with hempseed, guarana, ginseng, and pure beet sugar.