VRTHF (Indigenous Bloom Hemp) Effective Interest Rate on Debt %: 0.00% (As of Feb. 2023)


What is Indigenous Bloom Hemp Effective Interest Rate on Debt %?

Indigenous Bloom Hemp VRTHF -99.93% Effective Interest Rate on Debt % is 0.00% as of Feb. 2023.

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. Indigenous Bloom Hemp's annualized positive value of Interest Expense for the quarter that ended in Feb. 2023 was $0.00 Mil. Indigenous Bloom Hemp's average total debt for the quarter that ended in Feb. 2023 was $0.54 Mil. Therefore, Indigenous Bloom Hemp's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2023 was 0.00%.

Indigenous Bloom Hemp  (OTCPK:VRTHF) Effective Interest Rate on Debt % Explanation

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

Indigenous Bloom Hemp Effective Interest Rate on Debt % Related Terms

Indigenous Bloom Hemp Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Effective Interest Rate on Debt % Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 20.00 1.98

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 1.48 1.31 0.00 0.00 0.00

VRTHF vs ZTS: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Effective Interest Rate on Debt % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Effective Interest Rate on Debt % distribution charts can be found below:

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


Indigenous Bloom Hemp Effective Interest Rate on Debt % Calculation

Indigenous Bloom Hemp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2021 )+Total Debt  (A: May. 2022 ))/ count )
=-1  *  -0.006/( (0.055+0.55)/ 2 )
=-1  *  -0.006/0.3025
=1.98 %

where

Total Debt  (A: Apr. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.055
=0.055

Total Debt  (A: May. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.01 + 0.54
=0.55

Indigenous Bloom Hemp's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2022 )+Total Debt  (Q: Feb. 2023 ))/ count )
=-1  *  0/( (0.548+0.526)/ 2 )
=-1  *  0/0.537
=0.00 %

where

Total Debt  (Q: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.01 + 0.538
=0.548

Total Debt  (Q: Feb. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.526
=0.526

* 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 (Feb. 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?
Indigenous Bloom Hemp (VRTHF) has a Effective Interest Rate on Debt % of 0.00% as of Feb. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Indigenous Bloom Hemp and its competitors.
Is Indigenous Bloom Hemp's Effective Interest Rate on Debt % too high?
Indigenous Bloom Hemp's current Effective Interest Rate on Debt % is 0.00%.
How does Indigenous Bloom Hemp's Effective Interest Rate on Debt % compare to ZTS?
Indigenous Bloom Hemp's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Effective Interest Rate on Debt % depends on the Drug Manufacturers 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 Indigenous Bloom Hemp and its competitors. Indigenous Bloom Hemp'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 Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Indigenous Bloom Hemp (VRTHF), the current Effective Interest Rate on Debt % is 0.00% as of Feb. 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.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.