Eden Empire (Eden Empire) Effective Interest Rate on Debt % : 28.00% (As of Apr. 2022)

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What is Eden Empire 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. Eden Empire's annualized positive value of Interest Expense for the quarter that ended in Apr. 2022 was $0.45 Mil. Eden Empire's average total debt for the quarter that ended in Apr. 2022 was $1.61 Mil. Therefore, Eden Empire's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2022 was 28.00%.

Eden Empire Effective Interest Rate on Debt % Historical Data

The historical data trend for Eden Empire'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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Eden Empire Effective Interest Rate on Debt % Chart

Eden Empire Annual Data

Trend

Jul19

Jul20

Jul21

Effective Interest Rate on Debt %

3.42

28.10

30.03

Eden Empire Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								14.02	24.54	42.38	31.06	28.00

Competitive Comparison of Eden Empire's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Eden Empire'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.

Eden Empire's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

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

Eden Empire Effective Interest Rate on Debt % Calculation

Eden Empire's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2020 )	+	Total Debt (A: Jul. 2021 ))	/ count )
=	-1 * -0.28	/	( (1.188	+	0.677)	/ 2 )
=	-1 * -0.28	/	0.9325
=	30.03 %

where

	Total Debt (A: Jul. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.961	+	0.227
=	1.188

	Total Debt (A: Jul. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.12	+	0.557
=	0.677

Eden Empire's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2022 )	+	Total Debt (Q: Apr. 2022 ))	/ count )
=	-1 * -0.452	/	( (1.61	+	1.619)	/ 2 )
=	-1 * -0.452	/	1.6145
=	28.00 %

where

	Total Debt (Q: Jan. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.685	+	0.925
=	1.61

	Total Debt (Q: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.66	+	0.959
=	1.619

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

Eden Empire (OTCPK:EDNEF) Effective Interest Rate on Debt % Explanation

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

Eden Empire Effective Interest Rate on Debt % Related Terms

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Eden Empire (Eden Empire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eden Empire Inc (OTCPK:EDNEF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7

Website

https://www.myeden.ca

Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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