BIOAF (Bioasis Technologies) Effective Interest Rate on Debt %: 39.54% (As of Nov. 2022)

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BIOAF Bioasis Technologies Inc BIOAF
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What is Bioasis Technologies Effective Interest Rate on Debt %?

Bioasis Technologies BIOAF 12 Effective Interest Rate on Debt % is 39.54% as of Nov. 2022. GuruFocus rates BIOAF with a GF Score™ of 12/100.

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. Bioasis Technologies's annualized positive value of Interest Expense for the quarter that ended in Nov. 2022 was $0.63 Mil. Bioasis Technologies's average total debt for the quarter that ended in Nov. 2022 was $1.60 Mil. Therefore, Bioasis Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2022 was 39.54%.


Bioasis Technologies  (OTCPK:BIOAF) Effective Interest Rate on Debt % Explanation

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


Bioasis Technologies Effective Interest Rate on Debt % Related Terms


Bioasis Technologies Effective Interest Rate on Debt % Historical Data

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The historical data trend for Bioasis 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.

Bioasis Technologies Effective Interest Rate on Debt % Chart

Bioasis Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.63 26.95 64.94

Bioasis Technologies Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 51.13 51.79 53.44 48.62 39.54

BIOAF vs VRTX, REGN, SGEN: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Bioasis 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.


Bioasis Technologies Effective Interest Rate on Debt % vs Biotechnology Industry

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

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


BIOAF
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Bioasis Technologies Inc BIOAF
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Bioasis Technologies Effective Interest Rate on Debt % Calculation

Bioasis Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2021 )+Total Debt  (A: Feb. 2022 ))/ count )
=-1  *  -0.515/( (0.09+1.496)/ 2 )
=-1  *  -0.515/0.793
=64.94 %

where

Total Debt  (A: Feb. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.046 + 0.044
=0.09

Total Debt  (A: Feb. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.316 + 1.18
=1.496

Bioasis Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2022 )+Total Debt  (Q: Nov. 2022 ))/ count )
=-1  *  -0.632/( (1.551+1.646)/ 2 )
=-1  *  -0.632/1.5985
=39.54 %

where

Total Debt  (Q: Aug. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.39 + 1.161
=1.551

Total Debt  (Q: Nov. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.531 + 1.115
=1.646

* 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 (Nov. 2022) 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 39.54% mean?
Bioasis Technologies (BIOAF) has a Effective Interest Rate on Debt % of 39.54% as of Nov. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Bioasis Technologies and its competitors.
Is Bioasis Technologies' Effective Interest Rate on Debt % too high?
Bioasis Technologies' current Effective Interest Rate on Debt % is 39.54%. Overall, Bioasis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Bioasis Technologies' Effective Interest Rate on Debt % compare to VRTX and REGN?
Bioasis Technologies' Effective Interest Rate on Debt % of 39.54% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Effective Interest Rate on Debt % depends on the Biotechnology 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 Bioasis Technologies and its competitors. Bioasis Technologies's current Effective Interest Rate on Debt % is 39.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bioasis Technologies stock overvalued right now?
Bioasis Technologies (BIOAF) has a current Effective Interest Rate on Debt % of 39.54%. The current Effective Interest Rate on Debt % is 39.54%. Bioasis Technologies' overall GF Score™ is 12/100. 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 Bioasis Technologies (BIOAF), the current Effective Interest Rate on Debt % is 39.54% as of Nov. 2022. 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.

Bioasis Technologies Business Description

Address 157 Church Street, 19th Floor, New Haven, CT, USA, 06510
Bioasis Technologies Inc is a development stage biopharmaceutical company engaged in the research and development of products for the diagnosis and treatment of neurological diseases and disorders. The company's xB3 program describes its proprietary carrier, p97, and components thereof, to deliver therapeutics across the blood-brain barrier (BBB).
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