Careteq (ASX:CTQ) Effective Interest Rate on Debt %: 10.96% (As of Dec. 2025)


What is Careteq Effective Interest Rate on Debt %?

Careteq ASX:CTQ Effective Interest Rate on Debt % is 10.96% as of Dec. 2025. The stock has 6 warning signs investors should review.

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. Careteq's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was A$0.26 Mil. Careteq's average total debt for the quarter that ended in Dec. 2025 was A$2.37 Mil. Therefore, Careteq's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 10.96%.

Careteq  (ASX:CTQ) Effective Interest Rate on Debt % Explanation

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

Careteq Effective Interest Rate on Debt % Related Terms

Careteq Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Careteq'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.

Careteq Effective Interest Rate on Debt % Chart

Careteq Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Effective Interest Rate on Debt %
0.00 149.33 1.56 18.70 21.36

Careteq Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 19.04 6.77 153.58 22.15 10.96

ASX:CTQ vs VEEV, BTSG, TEM: Effective Interest Rate on Debt % Comparison

For the Health Information Services subindustry, Careteq'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.

Careteq Effective Interest Rate on Debt % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Careteq's Effective Interest Rate on Debt % distribution charts can be found below:

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


Careteq Effective Interest Rate on Debt % Calculation

Careteq's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2024 )+Total Debt  (A: Jun. 2025 ))/ count )
=-1  *  -0.274/( (0.193+2.372)/ 2 )
=-1  *  -0.274/1.2825
=21.36 %

where

Total Debt  (A: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.127 + 0.066
=0.193

Total Debt  (A: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.237 + 1.135
=2.372

Careteq's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -0.26/( (2.372+0)/ 1 )
=-1  *  -0.26/2.372
=10.96 %

where

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.237 + 1.135
=2.372

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

* 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 two times the semi-annual (Dec. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 10.96% mean?
Careteq (ASX:CTQ) has a Effective Interest Rate on Debt % of 10.96% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Careteq and its competitors.
Is Careteq's Effective Interest Rate on Debt % too high?
Careteq's current Effective Interest Rate on Debt % is 10.96%.
How does Careteq's Effective Interest Rate on Debt % compare to VEEV and BTSG?
Careteq's Effective Interest Rate on Debt % of 10.96% can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Healthcare Providers & Services company?
A good Effective Interest Rate on Debt % depends on the Healthcare Providers & Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Careteq and its competitors. Careteq's current Effective Interest Rate on Debt % is 10.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Careteq stock overvalued right now?
Based on GuruFocus' analysis, Careteq (ASX:CTQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 20% above its estimated fair value. The current Effective Interest Rate on Debt % is 10.96%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Careteq (ASX:CTQ), the current Effective Interest Rate on Debt % is 10.96% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Careteq Business Description

Address 99 Queen Street, Level 10, Melbourne, VIC, AUS, 3000
Careteq Ltd provides Residential Medication Management Review and Home Medicines Review services as part of the Medication Management Programs, generating revenue from medication review, education, and support services. The company focuses on medication management and home care solutions to provide continuity of care and improve clinical outcomes for patients through Home Medication Reviews. Medication-related harm includes adverse drug reactions, medication errors, and complications that jeopardise patient safety and increase healthcare costs. The company operates in Australia.