Urban Barns Foods (Urban Barns Foods) Effective Interest Rate on Debt % : 6.76% (As of Jan. 2016)

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What is Urban Barns Foods 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. Urban Barns Foods's annualized positive value of Interest Expense for the quarter that ended in Jan. 2016 was $0.07 Mil. Urban Barns Foods's average total debt for the quarter that ended in Jan. 2016 was $1.01 Mil. Therefore, Urban Barns Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2016 was 6.76%.

Urban Barns Foods Effective Interest Rate on Debt % Historical Data

The historical data trend for Urban Barns Foods'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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Urban Barns Foods Effective Interest Rate on Debt % Chart

Urban Barns Foods Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Effective Interest Rate on Debt %

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4.24

7.17

34.73

15.08

Urban Barns Foods Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	19.15	31.11	6.17	6.76

Competitive Comparison of Urban Barns Foods's Effective Interest Rate on Debt %

For the Farm Products subindustry, Urban Barns Foods'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.

Urban Barns Foods's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Urban Barns Foods Effective Interest Rate on Debt % Calculation

Urban Barns Foods's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2014 )	+	Total Debt (A: Jul. 2015 ))	/ count )
=	-1 * -0.053	/	( (0.062	+	0.641)	/ 2 )
=	-1 * -0.053	/	0.3515
=	15.08 %

where

	Total Debt (A: Jul. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.062
=	0.062

	Total Debt (A: Jul. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.641
=	0.641

Urban Barns Foods's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2015 )	+	Total Debt (Q: Jan. 2016 ))	/ count )
=	-1 * -0.068	/	( (1.564	+	0.448)	/ 2 )
=	-1 * -0.068	/	1.006
=	6.76 %

where

	Total Debt (Q: Oct. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.564
=	1.564

	Total Debt (Q: Jan. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.448
=	0.448

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 (Jan. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Urban Barns Foods (OTCPK:URBF) Effective Interest Rate on Debt % Explanation

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

Urban Barns Foods Effective Interest Rate on Debt % Related Terms

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Urban Barns Foods (Urban Barns Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Urban Barns Foods Inc (OTCPK:URBF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8

Website

http://www.urbanbarns.net/

Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.

Executives

Jeremy Kendall

director

17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

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