EVIO (EVIO) Effective Interest Rate on Debt %: 29.53% (As of Jun. 2020)


What is EVIO Effective Interest Rate on Debt %?

EVIO EVIO -98.00% Effective Interest Rate on Debt % is 29.53% as of Jun. 2020.

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. EVIO's annualized positive value of Interest Expense for the quarter that ended in Jun. 2020 was $3.84 Mil. EVIO's average total debt for the quarter that ended in Jun. 2020 was $13.00 Mil. Therefore, EVIO's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 was 29.53%.

EVIO  (OTCPK:EVIO) Effective Interest Rate on Debt % Explanation

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

EVIO Effective Interest Rate on Debt % Related Terms

EVIO Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for EVIO'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.

EVIO Effective Interest Rate on Debt % Chart

EVIO Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19
Effective Interest Rate on Debt %
100.00 40.93 33.84 85.93 58.84

EVIO Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 20.13 85.65 51.00 38.59 29.53

EVIO vs VCBD, ACCA, LITH: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, EVIO'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.

EVIO Effective Interest Rate on Debt % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, EVIO's Effective Interest Rate on Debt % distribution charts can be found below:

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


EVIO Effective Interest Rate on Debt % Calculation

EVIO's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2018 )+Total Debt  (A: Sep. 2019 ))/ count )
=-1  *  -5.663/( (6.904+12.346)/ 2 )
=-1  *  -5.663/9.625
=58.84 %

where

Total Debt  (A: Sep. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.905 + 2.999
=6.904

Total Debt  (A: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.93 + 5.416
=12.346

EVIO's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2020 )+Total Debt  (Q: Jun. 2020 ))/ count )
=-1  *  -3.84/( (12.77+13.236)/ 2 )
=-1  *  -3.84/13.003
=29.53 %

where

Total Debt  (Q: Mar. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.522 + 5.248
=12.77

Total Debt  (Q: Jun. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.823 + 5.413
=13.236

* 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 (Jun. 2020) 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 29.53% mean?
EVIO (EVIO) has a Effective Interest Rate on Debt % of 29.53% as of Jun. 2020. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on EVIO and its competitors.
Is EVIO's Effective Interest Rate on Debt % too high?
EVIO's current Effective Interest Rate on Debt % is 29.53%.
How does EVIO's Effective Interest Rate on Debt % compare to VCBD and ACCA?
EVIO's Effective Interest Rate on Debt % of 29.53% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Effective Interest Rate on Debt % depends on the Drug Manufacturers 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 EVIO and its competitors. EVIO's current Effective Interest Rate on Debt % is 29.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVIO stock overvalued right now?
EVIO (EVIO) has a current Effective Interest Rate on Debt % of 29.53%. The current Effective Interest Rate on Debt % is 29.53%. 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 EVIO (EVIO), the current Effective Interest Rate on Debt % is 29.53% as of Jun. 2020. 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.

EVIO Business Description

Address 2654 W. Horizon Ridge Drive Parkway, Suite B5-208, Henderson, NV, USA, 89052
EVIO Inc is a Colorado corporation and a diversified holding company. Its subsidiaries provide analytical testing and advisory services to the emerging legalized cannabis industry. The Company performs analytical testing for cannabis and cannabis-derived products, including hemp and CBD products. Its current operations also include pharmaceutical, environmental, stability, and analytical testing, as well as residential and commercial construction and investments, with operations in the United States and Canada.