Westrock Coffee Co (FRA:V3J) Effective Interest Rate on Debt % : 8.42% (As of Mar. 2024)

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What is Westrock Coffee Co 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. Westrock Coffee Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €27.9 Mil. Westrock Coffee Co's average total debt for the quarter that ended in Mar. 2024 was €331.1 Mil. Therefore, Westrock Coffee Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.42%.

Westrock Coffee Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Westrock Coffee Co'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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Westrock Coffee Co Effective Interest Rate on Debt % Chart

Westrock Coffee Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

7.70

10.14

13.10

10.19

Westrock Coffee Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									9.74	10.48	11.21	10.34	8.42

Competitive Comparison of Westrock Coffee Co's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Westrock Coffee Co'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.

Westrock Coffee Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Westrock Coffee Co Effective Interest Rate on Debt % Calculation

Westrock Coffee Co'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 * -26.737	/	( (212.716	+	311.918)	/ 2 )
=	-1 * -26.737	/	262.317
=	10.19 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	161.354	+	51.362
=	212.716

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	262.854	+	49.064
=	311.918

Westrock Coffee Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -27.892	/	( (311.918	+	350.238)	/ 2 )
=	-1 * -27.892	/	331.078
=	8.42 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	262.854	+	49.064
=	311.918

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	307.412	+	42.826
=	350.238

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Westrock Coffee Co (FRA:V3J) Effective Interest Rate on Debt % Explanation

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

Westrock Coffee Co Effective Interest Rate on Debt % Related Terms

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Westrock Coffee Co (FRA:V3J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Westrock Coffee Co (FRA:V3J) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

WEST:USA

Address

4009 N. Rodney Parham Road, 3rd Floor, Little Rock, AR, USA, 72212

Website

https://www.westrockcoffee.com

Westrock Coffee Co is an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S, providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to retail, foodservice and restaurant, convenience store and travel center, non-commercial account, CPG, and hospitality industries around the world. The company's segment includes Beverage Solutions and Sustainable Sourcing and Traceability. It generates maximum revenue from the Beverage Solutions segment.

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