VRUS (Verus International) Effective Interest Rate on Debt %: 18.03% (As of Jul. 2022)


VRUS Verus International Inc VRUS
12 GF Score
Price $0.00
View Full Analysis

What is Verus International Effective Interest Rate on Debt %?

Verus International VRUS -99.00% 12 Effective Interest Rate on Debt % is 18.03% as of Jul. 2022. GuruFocus rates VRUS 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. Verus International's annualized positive value of Interest Expense for the quarter that ended in Jul. 2022 was $0.35 Mil. Verus International's average total debt for the quarter that ended in Jul. 2022 was $1.93 Mil. Therefore, Verus International's annualized Effective Interest Rate on Debt % for the quarter that ended in Jul. 2022 was 18.03%.


Verus International  (OTCPK:VRUS) Effective Interest Rate on Debt % Explanation

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


Verus International Effective Interest Rate on Debt % Related Terms


Verus International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Verus International'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.

Verus International Effective Interest Rate on Debt % Chart

Verus International Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.24 21.39 54.28 74.33 21.79

Verus International 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 8.91 49.53 14.76 18.37 18.03

VRUS vs PACV, SYY, USFD: Effective Interest Rate on Debt % Comparison

For the Food Distribution subindustry, Verus International'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.


Verus International Effective Interest Rate on Debt % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Verus International's Effective Interest Rate on Debt % distribution charts can be found below:

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


VRUS
12GF Score
Verus International Inc VRUS
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verus International Effective Interest Rate on Debt % Calculation

Verus International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2020 )+Total Debt  (A: Oct. 2021 ))/ count )
=-1  *  -0.481/( (2.152+2.262)/ 2 )
=-1  *  -0.481/2.207
=21.79 %

where

Total Debt  (A: Oct. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.249 + 1.903
=2.152

Total Debt  (A: Oct. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.106 + 2.156
=2.262

Verus International'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  *  -0.348/( (2.206+1.654)/ 2 )
=-1  *  -0.348/1.93
=18.03 %

where

Total Debt  (Q: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.058 + 2.148
=2.206

Total Debt  (Q: Jul. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.033 + 1.621
=1.654

* 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.

What does a Effective Interest Rate on Debt % of 18.03% mean?
Verus International (VRUS) has a Effective Interest Rate on Debt % of 18.03% as of Jul. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Verus International and its competitors.
Is Verus International's Effective Interest Rate on Debt % too high?
Verus International's current Effective Interest Rate on Debt % is 18.03%. Overall, Verus International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Verus International's Effective Interest Rate on Debt % compare to PACV and SYY?
Verus International's Effective Interest Rate on Debt % of 18.03% can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Effective Interest Rate on Debt % depends on the Retail - Defensive 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 Verus International and its competitors. Verus International's current Effective Interest Rate on Debt % is 18.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verus International stock overvalued right now?
Verus International (VRUS) has a current Effective Interest Rate on Debt % of 18.03%. The current Effective Interest Rate on Debt % is 18.03%. Verus International'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 Verus International (VRUS), the current Effective Interest Rate on Debt % is 18.03% as of Jul. 2022. 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.

Verus International Business Description

Address 4003 Greenbriar Drive, Stafford, TX, USA, 77477
Verus International Inc is a United States-based company. The firm along with its subsidiary operates a global food business. It is engaged in the international consumer packaged goods, foodstuff distribution and wholesale trade. The company sells meat, vegetables and other staples under its brands. Some of its products are ice creams, candies, french fries, pulses, rice, grains, and other related food items. The firm caters to diversified markets such as Asia, South America, and MENA Region among others. Verus's focus is to be a multi-line supplier of its brands to supermarkets, hotels, and wholesale trade partners who service the consumer food space.
12GF Score

Get the complete analysis for VRUS

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price