Grown Rogue International (XCNQ:GRIN) Effective Interest Rate on Debt % : 19.91% (As of Apr. 2023)

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What is Grown Rogue International 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. Grown Rogue International's annualized positive value of Interest Expense for the quarter that ended in Apr. 2023 was C$1.58 Mil. Grown Rogue International's average total debt for the quarter that ended in Apr. 2023 was C$7.96 Mil. Therefore, Grown Rogue International's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2023 was 19.91%.

Grown Rogue International Effective Interest Rate on Debt % Historical Data

The historical data trend for Grown Rogue International'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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Grown Rogue International Effective Interest Rate on Debt % Chart

Grown Rogue International Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Oct19

Oct20

Oct21

Oct22

Effective Interest Rate on Debt %

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3.70

33.97

34.78

31.02

19.74

Grown Rogue International Quarterly Data
	May18	Aug18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Oct22	Jan23	Apr23	Oct23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	19.02	19.91	-

Competitive Comparison of Grown Rogue International's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Grown Rogue International'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.

Grown Rogue International's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

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

Grown Rogue International Effective Interest Rate on Debt % Calculation

Grown Rogue International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Oct. 2021 )	+	Total Debt (A: Oct. 2022 ))	/ count )
=	-1 * -1.224	/	( (5.683	+	6.721)	/ 2 )
=	-1 * -1.224	/	6.202
=	19.74 %

where

	Total Debt (A: Oct. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.856	+	1.827
=	5.683

	Total Debt (A: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.895	+	3.826
=	6.721

Grown Rogue International's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jan. 2023 )	+	Total Debt (Q: Apr. 2023 ))	/ count )
=	-1 * -1.584	/	( (8.167	+	7.743)	/ 2 )
=	-1 * -1.584	/	7.955
=	19.91 %

where

	Total Debt (Q: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.562	+	4.605
=	8.167

	Total Debt (Q: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.456	+	4.287
=	7.743

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

Grown Rogue International (XCNQ:GRIN) Effective Interest Rate on Debt % Explanation

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

Grown Rogue International Effective Interest Rate on Debt % Related Terms

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Grown Rogue International (XCNQ:GRIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Grown Rogue International Inc (XCNQ:GRIN) » Definitions » Effective Interest Rate on Debt %

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GRUSF:USA

Address

550 Airport Road, Medford, OR, USA, 97504

Website

https://www.grownrogue.com

Grown Rogue International Inc is a vertically-integrated, multi-state Cannabis family of brands. The company with indoor and outdoor manufacturing facilities and consumer insight-based product categorization creates innovative products. The firm's product portfolio consists of Jack Herer, Rogue Og, Mothers Milk, White Cookies, and Critical Jack among others.

Executives

Jakob Iotte

Senior Officer