Tattooed Chef (STU:F7M) Effective Interest Rate on Debt % : 3.24% (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tattooed Chef 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. Tattooed Chef's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was €1.7 Mil. Tattooed Chef's average total debt for the quarter that ended in Mar. 2023 was €52.8 Mil. Therefore, Tattooed Chef's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 3.24%.

Tattooed Chef Effective Interest Rate on Debt % Historical Data

The historical data trend for Tattooed Chef'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.

* Premium members only.

Tattooed Chef Effective Interest Rate on Debt % Chart

Tattooed Chef Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

3.50

8.32

3.05

1.96

Tattooed Chef Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										1.10	0.86	2.69	2.82	3.24

Competitive Comparison of Tattooed Chef's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Tattooed Chef'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.

Tattooed Chef's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Tattooed Chef Effective Interest Rate on Debt % Calculation

Tattooed Chef's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.636	/	( (13.326	+	51.537)	/ 2 )
=	-1 * -0.636	/	32.4315
=	1.96 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.474	+	6.852
=	13.326

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.287	+	26.25
=	51.537

Tattooed Chef's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -1.708	/	( (51.537	+	54)	/ 2 )
=	-1 * -1.708	/	52.7685
=	3.24 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25.287	+	26.25
=	51.537

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24.402	+	29.598
=	54

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 (Mar. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Tattooed Chef (STU:F7M) Effective Interest Rate on Debt % Explanation

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

Tattooed Chef Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Tattooed Chef's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tattooed Chef (STU:F7M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tattooed Chef Inc (STU:F7M) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

TTCFQ:USA

Address

6305 Alondra Boulevard, Paramount, CA, USA, 90723

Website

https://www.tattooedchef.com

Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.

Tattooed Chef (STU:F7M) Headlines

No Headlines