SGMD (Sugarmade) Effective Interest Rate on Debt %: 0.00% (As of Jun. 2023)

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SGMD Sugarmade Inc SGMD
12 GF Score
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What is Sugarmade Effective Interest Rate on Debt %?

Sugarmade SGMD 12 Effective Interest Rate on Debt % is 0.00% as of Jun. 2023. GuruFocus rates SGMD 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. Sugarmade's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.00 Mil. Sugarmade's average total debt for the quarter that ended in Jun. 2023 was $10.59 Mil. Therefore, Sugarmade's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.


Sugarmade  (OTCPK:SGMD) Effective Interest Rate on Debt % Explanation

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


Sugarmade Effective Interest Rate on Debt % Related Terms


Sugarmade Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Sugarmade'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.

Sugarmade Effective Interest Rate on Debt % Chart

Sugarmade Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.90 224.21 74.23 24.68 21.91

Sugarmade Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 18.39 13.47 21.08 31.92 0.00

SGMD vs CCRD, DHX, WFCF: Effective Interest Rate on Debt % Comparison

For the Paper & Paper Products subindustry, Sugarmade'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.


Sugarmade Effective Interest Rate on Debt % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's Effective Interest Rate on Debt % distribution charts can be found below:

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


SGMD
12GF Score
Sugarmade Inc SGMD
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sugarmade Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -2.193/( (9.001+11.015)/ 2 )
=-1  *  -2.193/10.008
=21.91 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.046 + 2.955
=9.001

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.797 + 5.218
=11.015

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  0/( (10.169+11.015)/ 2 )
=-1  *  0/10.592
=0.00 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.007 + 4.162
=10.169

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.797 + 5.218
=11.015

* 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. 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 0.00% mean?
Sugarmade (SGMD) has a Effective Interest Rate on Debt % of 0.00% as of Jun. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sugarmade and its competitors.
Is Sugarmade's Effective Interest Rate on Debt % too high?
Sugarmade's current Effective Interest Rate on Debt % is 0.00%. Overall, Sugarmade has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sugarmade's Effective Interest Rate on Debt % compare to CCRD and DHX?
Sugarmade's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Forest Products 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 Forest Products company?
A good Effective Interest Rate on Debt % depends on the Forest Products 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 Sugarmade and its competitors. Sugarmade's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sugarmade stock overvalued right now?
Sugarmade (SGMD) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Sugarmade's 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 Sugarmade (SGMD), the current Effective Interest Rate on Debt % is 0.00% as of Jun. 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.

Sugarmade Business Description

Address 20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
12GF Score

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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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