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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. Arcturus Therapeutics Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.0 Mil. Arcturus Therapeutics Holdings's average total debt for the quarter that ended in Sep. 2024 was $30.2 Mil. Therefore, Arcturus Therapeutics Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.
The historical data trend for Arcturus 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.
Arcturus Therapeutics Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 5.58 | 4.01 | 5.95 | 3.66 | 1.23 |
Arcturus Therapeutics Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 0.19 | 0.04 | - | - | - |
For the Biotechnology subindustry, Arcturus 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, Arcturus Therapeutics Holdings's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Arcturus Therapeutics Holdings's Effective Interest Rate on Debt % falls into.
Arcturus Therapeutics Holdings'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 * -0.767 | / | ( (94.755 | + | 30.216) | / 2 ) |
= | -1 * -0.767 | / | 62.4855 | |||
= | 1.23 % |
where
Total Debt (A: Dec. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 30.216 | + | 64.539 |
= | 94.755 |
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 25.907 | + | 4.309 |
= | 30.216 |
Arcturus Therapeutics Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Jun. 2024 ) | + | Total Debt (Q: Sep. 2024 )) | / count ) |
= | -1 * 0 | / | ( (30.881 | + | 29.422) | / 2 ) |
= | -1 * 0 | / | 30.1515 | |||
= | 0.00 % |
where
Total Debt (Q: Jun. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 26.964 | + | 3.917 |
= | 30.881 |
Total Debt (Q: Sep. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 25.987 | + | 3.435 |
= | 29.422 |
* 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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Arcturus Therapeutics Holdings (NAS:ARCT) 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 Arcturus Therapeutics Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Pad Chivukula | officer: Chief Scientific Officer & COO | 10628 SCIENCE CENTER DRIVE, SUITE 200, SAN DIEGO CA 92121 |
Andy Sassine | officer: Chief Financial Officer | 82 DEVONSHIRE STREET, BOSTON MA 02109 |
Keith C Kummerfeld | officer: See Remarks | 10628 SCIENCE CENTER DRIVE, SUITE 250, SAN DIEGO CA 92121 |
Magda Marquet | director | ALTHEADX INC., 3550 DUNHILL STREET, SAN DIEGO CA 92121 |
John Markels | director | C/O SANGAMO THERAPEUTICS, INC., POINT RICHMOND TECH CTR, 501 CANAL BLVD., RICHMOND CA 94804 |
Joseph E Payne | director, 10 percent owner, officer: President and CEO | 10628 SCIENCE CENTER DRIVE, SUITE 200, SAN DIEGO CA 92121 |
Jing L. Marantz | director | C/O KRYSTAL BIOTECH, INC., 2100 WHARTON STREET, SUITE 701, PITTSBURGH PA 15203 |
Ultragenyx Pharmaceutical Inc. | director, 10 percent owner | 60 LEVERONI COURT, NOVATO CA 94949 |
Lance Kurata | officer: Chief Legal Officer | 10628 SCIENCE CENTER DRIVE, SUITE 250, SAN DIEGO CA 92121 |
Steven George Hughes | officer: Chief Development Officer | 6275 NANCY RIDGE DRIVE, SAN DIEGO CA 92121 |
James F Barlow | director | 2525 DUPONT DR, IRVINE CA 92612 |
Edward W Holmes | director | C/O TULARIK INC, TWO CORP DRIVE SOUTH, SAN FRANCISCO CA 8608257208 |
Peter C Farrell | director | RESMED INC, 14040 DANIELSON STREET, POWAY CA 92064-6857 |
Karah Herdman Parschauer | director | 60 LEVERONI COURT, NOVATO CA 94949 |
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