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AquaBounty Technologies Effective Interest Rate on Debt %

: 3.19% (As of Mar. 2022)
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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. AquaBounty Technologies's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $0.30 Mil. AquaBounty Technologies's average total debt for the quarter that ended in Mar. 2022 was $9.40 Mil. Therefore, AquaBounty Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 3.19%.


AquaBounty Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for AquaBounty Technologies'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.

* Premium members only.

AquaBounty Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.66 1.48 2.16 3.40

AquaBounty Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.38 3.29 3.28 3.19

Competitive Comparison

For the Farm Products subindustry, AquaBounty Technologies'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.

   

AquaBounty Technologies Effective Interest Rate on Debt % Distribution

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

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



AquaBounty Technologies Effective Interest Rate on Debt % Calculation

AquaBounty Technologies'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  *  -0.316/( (9.141+9.441)/ 2 )
=-1  *  -0.316/9.291
=3.40 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.819 + 0.322
=9.141

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.747 + 0.694
=9.441

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Mar. 2022 ))/ count )
=-1  *  -0.3/( (9.441+9.351)/ 2 )
=-1  *  -0.3/9.396
=3.19 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.747 + 0.694
=9.441

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.626 + 0.725
=9.351

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


AquaBounty Technologies  (NAS:AQB) Effective Interest Rate on Debt % Explanation

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


AquaBounty Technologies Effective Interest Rate on Debt % Related Terms

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AquaBounty Technologies Business Description

AquaBounty Technologies logo
Industry
Traded in Other Exchanges
Address
2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754
AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.
Executives
Kirk Randal J 10 percent owner 1881 GROVE AVENUE RADFORD VA 24141
Czypinski Alana director, 10 percent owner 1881 GROVE AVENUE RADFORD VA 24141
Turk James C Jr director TWO CLOCK TOWER PLACE SUITE 395 MAYNARD MA 01745
Frank David A officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Sterling Rick L. director 20374 SENECA MEADOWS PARKWAY GERMANTOWN MD 20876
Huber Richard L director 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Fisher Theodore John director 1881 GROVE AVENUE RADFORD VA 24141
St.clare Christine director 405 EAGLEVIEW BLVD. EXTON PA 19341
Clothier Richard J director TWO CLOCK TOWER PLACE SUITE 395 MAYNARD MA 01745
Rojas Alejandro officer: See Remarks TWO CLOCK TOWER PLACE SUITE 395 MAYNARD MA 01745
Wulf Sylvia director, officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Olsen Angela M officer: See Remarks C/O AQUABOUNTY TECHNOLOGIES, INC. 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754
Intrexon Corp 10 percent owner 20374 SENECA MEADOWS PARKWAY GERMANTOWN MD 20876
Perez Jeffrey Thomas director 20358 SENECA MEADOWS PARKWAY GERMANTOWN MD 20876
Stotish Ronald L director, officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395 MAYNARD MA 01754

AquaBounty Technologies Headlines

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