Accelerated Pharma (Accelerated Pharma) Effective Interest Rate on Debt % : 23.15% (As of Mar. 2017)

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What is Accelerated Pharma 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. Accelerated Pharma's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was $1.10 Mil. Accelerated Pharma's average total debt for the quarter that ended in Mar. 2017 was $4.75 Mil. Therefore, Accelerated Pharma's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 23.15%.

Accelerated Pharma Effective Interest Rate on Debt % Historical Data

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

Accelerated Pharma Annual Data

Trend

Dec14

Dec15

Dec16

Effective Interest Rate on Debt %

39.85

22.44

Accelerated Pharma Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			32.22	26.03	20.03	15.23	23.15

Competitive Comparison of Accelerated Pharma's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Accelerated Pharma'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.

Accelerated Pharma's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

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

Accelerated Pharma Effective Interest Rate on Debt % Calculation

Accelerated Pharma's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2015 )	+	Total Debt (A: Dec. 2016 ))	/ count )
=	-1 * -0.834	/	( (2.843	+	4.591)	/ 2 )
=	-1 * -0.834	/	3.717
=	22.44 %

where

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.843
=	2.843

	Total Debt (A: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.211	+	3.38
=	4.591

Accelerated Pharma's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2016 )	+	Total Debt (Q: Mar. 2017 ))	/ count )
=	-1 * -1.1	/	( (4.591	+	4.914)	/ 2 )
=	-1 * -1.1	/	4.7525
=	23.15 %

where

	Total Debt (Q: Dec. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.211	+	3.38
=	4.591

	Total Debt (Q: Mar. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.229	+	3.685
=	4.914

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. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Accelerated Pharma (NAS:ACCP) Effective Interest Rate on Debt % Explanation

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

Accelerated Pharma Effective Interest Rate on Debt % Related Terms

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Accelerated Pharma (Accelerated Pharma) Business Description

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Accelerated Pharma Inc, is a Delaware corporation organized on May 12, 2014. It is a biopharmaceutical company focused on utilizing its genomic technology to enhance the development and commercialization of pharmaceutical products. Its lead product candidate is Picoplatin, a new generation platinum-based cancer therapy that has the potential for use in different formulations, as a single agent or in combination with other anti-cancer agents, to treat multiple cancer indications.

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