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Oragin Foods (TSXV:OG.H) Effective Interest Rate on Debt % : 11.83% (As of Jul. 2022)


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What is Oragin Foods 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. Oragin Foods's annualized positive value of Interest Expense for the quarter that ended in Jul. 2022 was C$1.30 Mil. Oragin Foods's average total debt for the quarter that ended in Jul. 2022 was C$10.95 Mil. Therefore, Oragin Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2022 was 11.83%.


Oragin Foods Effective Interest Rate on Debt % Historical Data

The historical data trend for Oragin Foods'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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Oragin Foods Effective Interest Rate on Debt % Chart

Oragin Foods Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 13.91 20.38 12.18 11.71

Oragin Foods Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 11.45 11.72 11.75 11.39 11.83

Competitive Comparison of Oragin Foods's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Oragin Foods'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.


Oragin Foods's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Oragin Foods Effective Interest Rate on Debt % Calculation

Oragin Foods's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2021 )+Total Debt  (A: Jan. 2022 ))/ count )
=-1  *  -1.323/( (11.487+11.116)/ 2 )
=-1  *  -1.323/11.3015
=11.71 %

where

Total Debt  (A: Jan. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.015 + 0.472
=11.487

Total Debt  (A: Jan. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.661 + 3.455
=11.116

Oragin Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2022 )+Total Debt  (Q: Jul. 2022 ))/ count )
=-1  *  -1.296/( (11.006+10.901)/ 2 )
=-1  *  -1.296/10.9535
=11.83 %

where

Total Debt  (Q: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.511 + 3.495
=11.006

Total Debt  (Q: Jul. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.359 + 3.542
=10.901

* 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 (Jul. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Oragin Foods  (TSXV:OG.H) Effective Interest Rate on Debt % Explanation

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


Oragin Foods Effective Interest Rate on Debt % Related Terms

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Oragin Foods (TSXV:OG.H) Business Description

Traded in Other Exchanges
N/A
Address
579 Kerr Street, Oakville, ON, CAN, V6B 4M9
Oragin Foods Inc is a Canadian multi-pronged food company, that owns and operates canada's natural and organic food retailers, where new and innovativefood and beverage brands are developed, acquired, grown and commercialized through a Consumer-Packaged Goods (CPG) Division.

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