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Beeio Honey (XTAE:BHNY) Effective Interest Rate on Debt % : 7.60% (As of Dec. 2023)


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What is Beeio Honey 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. Beeio Honey's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₪0.44 Mil. Beeio Honey's average total debt for the quarter that ended in Dec. 2023 was ₪5.74 Mil. Therefore, Beeio Honey's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.60%.


Beeio Honey Effective Interest Rate on Debt % Historical Data

The historical data trend for Beeio Honey'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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Beeio Honey Effective Interest Rate on Debt % Chart

Beeio Honey Annual Data
Trend Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.81 0.32 1.80 5.62 7.10

Beeio Honey Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.33 6.04 5.69 6.97 7.60

Competitive Comparison of Beeio Honey's Effective Interest Rate on Debt %

For the Farm Products subindustry, Beeio Honey'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.


Beeio Honey's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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



Beeio Honey Effective Interest Rate on Debt % Calculation

Beeio Honey'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  *  -0.418/( (5.895+5.881)/ 2 )
=-1  *  -0.418/5.888
=7.10 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.357 + 0.538
=5.895

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.385 + 0.496
=5.881

Beeio Honey's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.436/( (5.589+5.881)/ 2 )
=-1  *  -0.436/5.735
=7.60 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.108 + 0.481
=5.589

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.385 + 0.496
=5.881

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Beeio Honey  (XTAE:BHNY) Effective Interest Rate on Debt % Explanation

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


Beeio Honey Effective Interest Rate on Debt % Related Terms

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Beeio Honey (XTAE:BHNY) Business Description

Traded in Other Exchanges
N/A
Address
Oppenheimer 4, Rehovot, ISR, 7670104
Beeio Honey Ltd is developing an industrial process for the production of cultured honey. It produces honey without bees in a process that combines natural nectar flowers with unique biological processes that turn the nectar into honey.

Beeio Honey (XTAE:BHNY) Headlines

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