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Twinlab Consolidated Holdings (Twinlab Consolidated Holdings) Effective Interest Rate on Debt % : 8.23% (As of Mar. 2024)


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What is Twinlab Consolidated Holdings Effective Interest Rate on Debt %?

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. Twinlab Consolidated Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $7.96 Mil. Twinlab Consolidated Holdings's average total debt for the quarter that ended in Mar. 2024 was $96.74 Mil. Therefore, Twinlab Consolidated Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.23%.


Twinlab Consolidated Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Twinlab Consolidated Holdings'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.

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Twinlab Consolidated Holdings Effective Interest Rate on Debt % Chart

Twinlab Consolidated Holdings 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 11.18 9.24 8.35 7.71 8.33

Twinlab Consolidated Holdings 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 8.36 8.78 8.48 7.50 8.23

Competitive Comparison of Twinlab Consolidated Holdings's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Twinlab Consolidated Holdings'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.


Twinlab Consolidated Holdings's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Twinlab Consolidated Holdings Effective Interest Rate on Debt % Calculation

Twinlab Consolidated Holdings'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  *  -8.271/( (101.315+97.26)/ 2 )
=-1  *  -8.271/99.2875
=8.33 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.09 + 98.225
=101.315

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.197 + 95.063
=97.26

Twinlab Consolidated Holdings'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  *  -7.96/( (97.26+96.211)/ 2 )
=-1  *  -7.96/96.7355
=8.23 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.197 + 95.063
=97.26

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.96 + 94.251
=96.211

* 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.


Twinlab Consolidated Holdings  (OTCPK:TLCC) Effective Interest Rate on Debt % Explanation

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


Twinlab Consolidated Holdings Effective Interest Rate on Debt % Related Terms

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Twinlab Consolidated Holdings (Twinlab Consolidated Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4800 T-Rex Avenue, Suite 225, Boca Raton, FL, USA, 33431
Twinlab Consolidated Holdings Inc, along with its subsidiaries, is engaged in the manufacturing and distribution of nutritional supplements and other natural products. It offers a wide range of products such as vitamins, minerals, specialty supplements and sports nutrition products. It also manufactures and sells diet and energy products. The company markets its products under five primary brand names: Twinlab (vitamins and minerals), Twinlab Fuel, MetaboLife, Trigosamine and Alvita Teas. Twinlab sold its products primarily through health and natural food stores and national and regional drug store chains, supermarkets, and mass-market retailers.
Executives
Kyle Casey officer: Interim CFO C/O TWINLAB CONSOLIDATED HOLDINGS, INC., 4800 T-REX AVENUE, SUITE 305, BOCA RATON FL 33431
Carla Goffstein officer: CFO (Interim) C/O TWINLAB CONSOLIDATED HOLDINGS, INC., 4800 T-REX AVENUE, #305, BOCA RATON FL 33431
Brent Baker officer: President - Sports Nutrition 4800 T-REX AVE, SUITE 305, BOCA RATON FL 33431
Alan S Gever officer: CFO & COO 115 WEST CENTURY ROAD, SUITE 260, PARAMUS NJ 07652
Mary Marbach officer: Chief Legal Officer 5400 BROKEN SOUND BLVD., NW - SUITE 500, BOCA RATON FL 33487
David A Still director C/O FISHER ASSET MANAGEMENT LLC, ONE FISHERS ROAD, PITTSFORD NY 14534
Naomi Whittel director, officer: Chief Executive Officer C/O STAR SCIENTIFIC, INC., 4470 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Mark Bugge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Ralph Iannelli director 1486 EAST VALLEY ROAD, SANTA BARBARA CA 93108
William Eric Stevens officer: Chief Financial Officer C/O RESERVEAGE, ONE BOCA PLACE, 2255 GLADES ROAD, BOCA RATON FL 33431
Golisano Holdings Llc 10 percent owner 1 FISHERS ROAD, PITTSFORD NY 14534
B Thomas Golisano 10 percent owner
Great Harbor Capital, Llc 10 percent owner 3133 ORCHARD VISTA DRIVE SE, GRAND RAPIDS MI 49546
Mark Andrew Walsh officer: See Remarks TWINLAB CONSOLIDATED HOLDINGS, INC., 632 BROADWAY SUITE 201, NEW YORK NY 10012
Seth Ellis director PENTA MEZZANINE FUND, 20 N. ORANGE AVENUE, ORLANDO FL 32801

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