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Curative Biosciences (Curative Biosciences) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2018)


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What is Curative Biosciences 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. Curative Biosciences's annualized positive value of Interest Expense for the quarter that ended in Mar. 2018 was $0.00 Mil. Curative Biosciences's average total debt for the quarter that ended in Mar. 2018 was $0.34 Mil. Therefore, Curative Biosciences's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 was 0.00%.


Curative Biosciences Effective Interest Rate on Debt % Historical Data

The historical data trend for Curative Biosciences'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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Curative Biosciences Effective Interest Rate on Debt % Chart

Curative Biosciences Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Effective Interest Rate on Debt %
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Curative Biosciences Quarterly Data
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Competitive Comparison of Curative Biosciences's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Curative Biosciences'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.


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

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

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



Curative Biosciences Effective Interest Rate on Debt % Calculation

Curative Biosciences's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2016 )+Total Debt  (A: Jun. 2017 ))/ count )
=-1  *  0/( (0.05+0.063)/ 2 )
=-1  *  0/0.0565
=0.00 %

where

Curative Biosciences's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2017 )+Total Debt  (Q: Mar. 2018 ))/ count )
=-1  *  0/( (0+0.338)/ 1 )
=-1  *  0/0.338
=0.00 %

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 (Mar. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Curative Biosciences  (OTCPK:CBDX) Effective Interest Rate on Debt % Explanation

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


Curative Biosciences Effective Interest Rate on Debt % Related Terms

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Curative Biosciences (Curative Biosciences) Business Description

Traded in Other Exchanges
N/A
Address
2 South Biscayne Boulevard, Suite 3760, Miami, FL, USA, 33131
Curative Biosciences Inc is a life sciences company focused on developing and commercializing novel therapeutics using hemp-derived CBD. Its products comprise of CBD softgels, Hemp oil, and Topicals.

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