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Hemp (HEMP) Effective Interest Rate on Debt % : 0.00% (As of . 20)


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What is Hemp 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. Hemp's annualized positive value of Interest Expense for the quarter that ended in . 20 was $ Mil. Hemp's average total debt for the quarter that ended in . 20 was $ Mil. Therefore, Hemp's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 was %.


Hemp Effective Interest Rate on Debt % Historical Data

The historical data trend for 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.

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Hemp Effective Interest Rate on Debt % Chart

Hemp Annual Data
Trend
Effective Interest Rate on Debt %

Hemp Quarterly Data
Effective Interest Rate on Debt %

Competitive Comparison of Hemp's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, 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.


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

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

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



Hemp Effective Interest Rate on Debt % Calculation

Hemp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: . 20 )+Total Debt  (A: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

Hemp's annualized Effective Interest Rate on Debt % for the quarter that ended in . 20 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: . 20 )+Total Debt  (Q: . 20 ))/ count )
=-1  *  /( (+)/ )
=-1  *  /
= %

where

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


Hemp  (OTCPK:HEMP) Effective Interest Rate on Debt % Explanation

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


Hemp Effective Interest Rate on Debt % Related Terms

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Hemp (HEMP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7380 S. EASTERN AVE., No. 124-342, Las Vegas, NV, USA, 89123
Hemp Inc is engaged in offering industrial hemp and the myriad of clean, green sustainable products that industrial hemp offers to the world. Hemp products are eco-friendly, healthy, and can often replace petroleum-based products. Its product line includes Bubba Kush hemp, Pre-rolls, Fortified Pre-rolls, Caviar/Moon Rocks, and Diamonds. It produces lost circulation material (LCM), called DrillWall, which can be sold to the oil and gas drilling industry, along with an all-green natural oil spill absorbent, a second industrial kenaf-hemp product called Spill-Be-Gone.