BiON (LSE:BION) Effective Interest Rate on Debt % : 0.00% (As of Oct. 2022)

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What is BiON 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. BiON's annualized positive value of Interest Expense for the quarter that ended in Oct. 2022 was £0.00 Mil. BiON's average total debt for the quarter that ended in Oct. 2022 was £5.70 Mil. Therefore, BiON's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2022 was 0.00%.

BiON Effective Interest Rate on Debt % Historical Data

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

BiON Annual Data

Trend

Sep15

Sep16

Sep17

Dec19

Effective Interest Rate on Debt %

0.10

6.98

11.14

BiON Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Jun19	Dec19	Jun20	Dec20	Jun21	Oct22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						12.47	5.51	9.76	6.83	-

Competitive Comparison of BiON's Effective Interest Rate on Debt %

For the Shell Companies subindustry, BiON'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.

BiON's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BiON's Effective Interest Rate on Debt % distribution charts can be found below:

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

BiON Effective Interest Rate on Debt % Calculation

BiON's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2017 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * -0.334	/	( (2.056	+	3.943)	/ 2 )
=	-1 * -0.334	/	2.9995
=	11.14 %

where

	Total Debt (A: Sep. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.084	+	1.972
=	2.056

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.079	+	2.864
=	3.943

BiON's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2021 )	+	Total Debt (Q: Oct. 2022 ))	/ count )
=	-1 * 0	/	( (11.372	+	0.035)	/ 2 )
=	-1 * 0	/	5.7035
=	0.00 %

where

	Total Debt (Q: Jun. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.837	+	0.535
=	11.372

	Total Debt (Q: Oct. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.035
=	0.035

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 two times the semi-annual (Oct. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

BiON (LSE:BION) Effective Interest Rate on Debt % Explanation

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

BiON Effective Interest Rate on Debt % Related Terms

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BiON (LSE:BION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BiON PLC (LSE:BION) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Jalan Dutamas 1, D2-3-1 Solaris Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.bionplc.com

BiON PLC and its subsidiaries are engaged in research and development, provision of professional engineering consultancy, and process design services. It provides services in the areas of industrial biotechnology, pollution control, and renewable energy; and engineering, procurement, and construction of various wastewater treatment plants/systems; and development, commercialization, operation, and maintenance of renewable energy power plants. The company operates in two business segments providing consulting and contract services to customers in the renewable energy sector and the supply of power to National Grid. The consulting and contract segment generates a vast majority of its revenues.

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