ACOG (Alpha Cognition) Effective Interest Rate on Debt % : 5.12% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Alpha Cognition 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. Alpha Cognition's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.08 Mil. Alpha Cognition's average total debt for the quarter that ended in Dec. 2024 was $1.56 Mil. Therefore, Alpha Cognition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.12%.

Alpha Cognition Effective Interest Rate on Debt % Historical Data

The historical data trend for Alpha Cognition'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.

Alpha Cognition Effective Interest Rate on Debt % Chart

Alpha Cognition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

23.95

24.61

15.13

6.36

17.53

Alpha Cognition Quarterly Data
	Jan20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													6.76	6.92	11.87	24.29	5.12

Competitive Comparison of Alpha Cognition's Effective Interest Rate on Debt %

For the Biotechnology subindustry, Alpha Cognition'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.

Alpha Cognition's Effective Interest Rate on Debt % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alpha Cognition's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Alpha Cognition Effective Interest Rate on Debt % Calculation

Alpha Cognition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.186	/	( (1.211	+	0.911)	/ 2 )
=	-1 * -0.186	/	1.061
=	17.53 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.211
=	1.211

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.911
=	0.911

Alpha Cognition's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.08	/	( (2.214	+	0.911)	/ 2 )
=	-1 * -0.08	/	1.5625
=	5.12 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.003	+	1.211
=	2.214

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.911
=	0.911

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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Alpha Cognition (NAS:ACOG) Effective Interest Rate on Debt % Explanation

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

Alpha Cognition Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Alpha Cognition's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alpha Cognition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Alpha Cognition Inc (NAS:ACOG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T8

Website

https://www.alphacognition.com

Alpha Cognition Inc is a biopharmaceutical company dedicated to developing treatments for patients suffering from neurodegenerative diseases, such as Alzheimer's disease, for which there are limited or no treatment options. The Company's current focus is on the commercial manufacturing and sales of ZUNVEYL oral tablet formulation. The Company's commercial development program for ZUNVEYL is primarily focused on building a long-term care commercial team that can focus on providing key points of differentiation, exploiting key issues with existing Acetylcholinesterase inhibitors treatments, and seeking potential licensing partners for other additional indications and new formulations.