Goodfood Market (TSX:FOOD) Effective Interest Rate on Debt %: 12.13% (As of May. 2026)

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What is Goodfood Market Effective Interest Rate on Debt %?

Goodfood Market TSX:FOOD +16.67% Effective Interest Rate on Debt % is 12.13% as of May. 2026. The stock has 4 warning signs investors should review.

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. Goodfood Market's annualized positive value of Interest Expense for the quarter that ended in May. 2026 was C$6.20 Mil. Goodfood Market's average total debt for the quarter that ended in May. 2026 was C$51.10 Mil. Therefore, Goodfood Market's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 was 12.13%.


Goodfood Market  (TSX:FOOD) Effective Interest Rate on Debt % Explanation

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


Goodfood Market Effective Interest Rate on Debt % Related Terms


Goodfood Market Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Goodfood Market'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.

Goodfood Market Effective Interest Rate on Debt % Chart

Goodfood Market Annual Data
Trend Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 5.64 7.85 11.41 11.81

Goodfood Market Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 11.47 11.95 11.97 12.21 12.13

TSX:FOOD vs ROL, SCI, FTDR: Effective Interest Rate on Debt % Comparison

For the Personal Services subindustry, Goodfood Market'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.


Goodfood Market Effective Interest Rate on Debt % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Effective Interest Rate on Debt % distribution charts can be found below:

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



Goodfood Market Effective Interest Rate on Debt % Calculation

Goodfood Market's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Aug. 2024 )+Total Debt  (A: Aug. 2025 ))/ count )
=-1  *  -6.593/( (59.874+51.804)/ 2 )
=-1  *  -6.593/55.839
=11.81 %

where

Total Debt  (A: Aug. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=49.746 + 10.128
=59.874

Total Debt  (A: Aug. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.655 + 3.149
=51.804

Goodfood Market's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2026 )+Total Debt  (Q: May. 2026 ))/ count )
=-1  *  -6.2/( (51.232+50.967)/ 2 )
=-1  *  -6.2/51.0995
=12.13 %

where

Total Debt  (Q: Feb. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.959 + 3.273
=51.232

Total Debt  (Q: May. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.274 + 30.693
=50.967

* 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 (May. 2026) 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 12.13% mean?
Goodfood Market (TSX:FOOD) has a Effective Interest Rate on Debt % of 12.13% as of May. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Goodfood Market and its competitors.
Is Goodfood Market's Effective Interest Rate on Debt % too high?
Goodfood Market's current Effective Interest Rate on Debt % is 12.13%.
How does Goodfood Market's Effective Interest Rate on Debt % compare to ROL and SCI?
Goodfood Market's Effective Interest Rate on Debt % of 12.13% can be compared against companies in the Personal Services 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 Personal Services company?
A good Effective Interest Rate on Debt % depends on the Personal Services 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 Goodfood Market and its competitors. Goodfood Market's current Effective Interest Rate on Debt % is 12.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.15, compared to a current price of C$0.04 — trading 76.7% below its estimated fair value. The current Effective Interest Rate on Debt % is 12.13%. 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 Goodfood Market (TSX:FOOD), the current Effective Interest Rate on Debt % is 12.13% as of May. 2026. 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.

Goodfood Market Business Description

Other Exchanges GDDFF:USA76O:Germany
Address 4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.