SCFFF (Spot Coffee (Canada)) Effective Interest Rate on Debt %: 8.31% (As of Sep. 2023)


What is Spot Coffee (Canada) Effective Interest Rate on Debt %?

Spot Coffee (Canada) SCFFF -90.00% Effective Interest Rate on Debt % is 8.31% as of Sep. 2023.

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. Spot Coffee (Canada)'s annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.42 Mil. Spot Coffee (Canada)'s average total debt for the quarter that ended in Sep. 2023 was $5.06 Mil. Therefore, Spot Coffee (Canada)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.31%.

Spot Coffee (Canada)  (OTCPK:SCFFF) Effective Interest Rate on Debt % Explanation

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

Spot Coffee (Canada) Effective Interest Rate on Debt % Related Terms

Spot Coffee (Canada) Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Spot Coffee (Canada)'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.

Spot Coffee (Canada) Effective Interest Rate on Debt % Chart

Spot Coffee (Canada) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.74 10.64 9.67 3.53 6.32

Spot Coffee (Canada) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.60 5.69 6.43 4.94 8.31

SCFFF vs MCD, SBUX, CMG: Effective Interest Rate on Debt % Comparison

For the Restaurants subindustry, Spot Coffee (Canada)'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.

Spot Coffee (Canada) Effective Interest Rate on Debt % vs Restaurants Industry

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

* The bar in red indicates where Spot Coffee (Canada)'s Effective Interest Rate on Debt % falls into.


Spot Coffee (Canada) Effective Interest Rate on Debt % Calculation

Spot Coffee (Canada)'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  *  -0.322/( (4.829+5.357)/ 2 )
=-1  *  -0.322/5.093
=6.32 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.459 + 2.37
=4.829

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.734 + 2.623
=5.357

Spot Coffee (Canada)'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: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.42/( (5.165+4.946)/ 2 )
=-1  *  -0.42/5.0555
=8.31 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.563 + 2.602
=5.165

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.552 + 2.394
=4.946

* 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 8.31% mean?
Spot Coffee (Canada) (SCFFF) has a Effective Interest Rate on Debt % of 8.31% as of Sep. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Spot Coffee (Canada) and its competitors.
Is Spot Coffee (Canada)'s Effective Interest Rate on Debt % too high?
Spot Coffee (Canada)'s current Effective Interest Rate on Debt % is 8.31%.
How does Spot Coffee (Canada)'s Effective Interest Rate on Debt % compare to MCD and SBUX?
Spot Coffee (Canada)'s Effective Interest Rate on Debt % of 8.31% can be compared against companies in the Restaurants 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 Restaurants company?
A good Effective Interest Rate on Debt % depends on the Restaurants 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 Spot Coffee (Canada) and its competitors. Spot Coffee (Canada)'s current Effective Interest Rate on Debt % is 8.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spot Coffee (Canada) stock overvalued right now?
Spot Coffee (Canada) (SCFFF) has a current Effective Interest Rate on Debt % of 8.31%. The current Effective Interest Rate on Debt % is 8.31%. 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 Spot Coffee (Canada) (SCFFF), the current Effective Interest Rate on Debt % is 8.31% 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.

Spot Coffee (Canada) Business Description

Address 130 Queens Quay East, Suite 611, Toronto, ON, CAN, M5A0P6
Spot Coffee (Canada) Ltd has been designing, building and operating company-owned and franchise community cafes in the northeastern United States. SPoT's cafes provide their customers with signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT cafe is distinctively designed to suit the local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.