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AquaBounty Technologies (AquaBounty Technologies) Effective Interest Rate on Debt % : 4.94% (As of Dec. 2023)


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What is AquaBounty Technologies 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. AquaBounty Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.43 Mil. AquaBounty Technologies's average total debt for the quarter that ended in Dec. 2023 was $8.75 Mil. Therefore, AquaBounty Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.94%.


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 Effective Interest Rate on Debt % Chart

AquaBounty Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 2.16 3.40 3.18 3.45

AquaBounty Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 3.16 2.94 2.91 2.88 4.94

Competitive Comparison of AquaBounty Technologies's Effective Interest Rate on Debt %

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's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -0.304/( (8.876+8.757)/ 2 )
=-1  *  -0.304/8.8165
=3.45 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.489 + 2.387
=8.876

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.962 + 0.795
=8.757

AquaBounty Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.432/( (8.734+8.757)/ 2 )
=-1  *  -0.432/8.7455
=4.94 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.973 + 0.761
=8.734

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.962 + 0.795
=8.757

* 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 (Dec. 2023) 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 (AquaBounty Technologies) Business Description

Traded in Other Exchanges
N/A
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
Melbourne David Francis Jr officer: President 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers director 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare director 405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp director THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern director 800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez director 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf director, officer: CEO & Director 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank officer: See Remarks 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski director 1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk 10 percent owner 1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen officer: General Counsel & Corp Sec C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber director 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling director 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr director TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher director 1881 GROVE AVENUE, RADFORD VA 24141

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