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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. Forma Therapeutics Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $0.00 Mil. Forma Therapeutics Holdings's average total debt for the quarter that ended in Jun. 2022 was $32.31 Mil. Therefore, Forma Therapeutics Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 0.00%.
The historical data trend for Forma Therapeutics Holdings'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.
Forma Therapeutics Holdings Annual Data | |||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | |||||
Effective Interest Rate on Debt % | - | - | - | - |
Forma Therapeutics Holdings Quarterly Data | |||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | - | - | - | - | - |
For the Biotechnology subindustry, Forma Therapeutics Holdings'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.
For the Biotechnology industry and Healthcare sector, Forma Therapeutics Holdings's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Forma Therapeutics Holdings's Effective Interest Rate on Debt % falls into.
Forma Therapeutics Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2020 ) | + | Total Debt (A: Dec. 2021 )) | / count ) |
= | -1 * 0 | / | ( (0 | + | 32.742) | / 1 ) |
= | -1 * 0 | / | 32.742 | |||
= | 0.00 % |
where
Total Debt (A: Dec. 2020 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0 | + | 0 |
= | 0 |
Total Debt (A: Dec. 2021 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 27.617 | + | 5.125 |
= | 32.742 |
Forma Therapeutics Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Mar. 2022 ) | + | Total Debt (Q: Jun. 2022 )) | / count ) |
= | -1 * 0 | / | ( (32.079 | + | 32.548) | / 2 ) |
= | -1 * 0 | / | 32.3135 | |||
= | 0.00 % |
where
Total Debt (Q: Mar. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 26.967 | + | 5.112 |
= | 32.079 |
Total Debt (Q: Jun. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 27.213 | + | 5.335 |
= | 32.548 |
* 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 (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Forma Therapeutics Holdings (NAS:FMTX) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Forma Therapeutics Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Agustin Melian | officer: EVP, Research & Development | C/O ALLOVIR, INC., 139 MAIN STREET, SUITE 500, CAMBRIDGE MA 02142 |
Brian Andrew Lesser | officer: SVP, Commercial Officer | C/O FORMA THERAPEUTICS HOLDINGS, INC. 300 NORTH BEACON STREET SUITE 501 WATERTOWN MA 02472 |
Mary E. Wadlinger | officer: See Remarks | C/O FORMA THERAPEUTICS HOLDINGS, INC. 500 ARSENAL STREET, SUITE 100 WATERTOWN MA 02472 |
Jeannette Potts | officer: See Remarks | C/O FORMA THERAPEUTICS HOLDINGS, INC., 500 ARSENAL STREET, SUITE 100, WATERTOWN MA 02472 |
Frank D. Lee | director, officer: President and CEO | C/O FORMA THERAPEUTICS HOLDINGS, INC., 500 ARSENAL STREET, SUITE 100, WATERTOWN MA 02472 |
David N Cook | officer: SVP, Chief Scientific Officer | |
Patrick F. Kelly | officer: SVP, Chief Medical Officer | C/O FORMA THERAPEUTICS HOLDINGS, INC. 500 ARSENAL STREET, SUITE 100 WATERTOWN MA 02472 |
Todd Shegog | officer: SVP, Chief Financial Officer | 200 SIDNEY STREET, SUITE 320, C/O SYNLOGIC, INC., CAMBRIDGE MA 02139 |
Arturo Md Molina | director | 10990 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90024 |
John E Bishop | officer: Chief Technology Officer | 675 WEST KENDALL STREET, CAMBRIDGE MA 02142 |
Vickers Selwyn M Md | director | 600 NORTH 18TH STREET, BIRMINGHAM AL 35203 |
Thomas G Wiggans | director | |
Frederick Wayne A.i. | director | 500 W MAIN ST., LOUISVILLE KY 40202 |
Peter Kolchinsky | director, 10 percent owner | 200 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116 |
Ra Capital Healthcare Fund Lp | 10 percent owner | 200 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116 |
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