SHRG (Sharing Services Global) Effective Interest Rate on Debt %: 21.56% (As of Sep. 2024)


SHRG Sharing Services Global Corp SHRG
12 GF Score
Price $0.02
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What is Sharing Services Global Effective Interest Rate on Debt %?

Sharing Services Global SHRG 12 Effective Interest Rate on Debt % is 21.56% as of Sep. 2024. GuruFocus rates SHRG 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. Sharing Services Global's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.65 Mil. Sharing Services Global's average total debt for the quarter that ended in Sep. 2024 was $3.01 Mil. Therefore, Sharing Services Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 21.56%.


Sharing Services Global  (OTCPK:SHRG) Effective Interest Rate on Debt % Explanation

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


Sharing Services Global Effective Interest Rate on Debt % Related Terms


Sharing Services Global Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Sharing Services Global'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.

Sharing Services Global Effective Interest Rate on Debt % Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.93 3.75 201.37 61.85 18.27

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 58.61 33.10 29.31 23.09 21.56

SHRG vs AVRW, JBS, KHC: Effective Interest Rate on Debt % Comparison

For the Packaged Foods subindustry, Sharing Services Global'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.


Sharing Services Global Effective Interest Rate on Debt % vs Consumer Packaged Goods Industry

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

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


SHRG
12GF Score
Sharing Services Global Corp SHRG
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global Effective Interest Rate on Debt % Calculation

Sharing Services Global's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -3.148/( (32.231+2.226)/ 2 )
=-1  *  -3.148/17.2285
=18.27 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.44 + 31.791
=32.231

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.741 + 1.485
=2.226

Sharing Services Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.648/( (2.901+3.11)/ 2 )
=-1  *  -0.648/3.0055
=21.56 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.382 + 1.519
=2.901

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.105 + 2.005
=3.11

* 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. 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 21.56% mean?
Sharing Services Global (SHRG) has a Effective Interest Rate on Debt % of 21.56% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Effective Interest Rate on Debt % too high?
Sharing Services Global's current Effective Interest Rate on Debt % is 21.56%. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Effective Interest Rate on Debt % compare to AVRW and JBS?
Sharing Services Global's Effective Interest Rate on Debt % of 21.56% 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 Sharing Services Global and its competitors. Sharing Services Global's current Effective Interest Rate on Debt % is 21.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Effective Interest Rate on Debt % of 21.56%. The current Effective Interest Rate on Debt % is 21.56%. Sharing Services Global'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 Sharing Services Global (SHRG), the current Effective Interest Rate on Debt % is 21.56% as of Sep. 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.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
12GF Score

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