Skye Bioscience (FRA:09R) Effective Interest Rate on Debt %: 3.18% (As of Mar. 2026)

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FRA:09R Skye Bioscience Inc FRA:09R
20 GF Score
Price €0.51
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What is Skye Bioscience Effective Interest Rate on Debt %?

Skye Bioscience FRA:09R -2.86% 20 Effective Interest Rate on Debt % is 3.18% as of Mar. 2026. GuruFocus rates FRA:09R with a GF Score™ of 20/100. The stock has 1 warning sign 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. Skye Bioscience's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was €0.01 Mil. Skye Bioscience's average total debt for the quarter that ended in Mar. 2026 was €0.25 Mil. Therefore, Skye Bioscience's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 3.18%.


Skye Bioscience  (FRA:09R) Effective Interest Rate on Debt % Explanation

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


Skye Bioscience Effective Interest Rate on Debt % Related Terms


Skye Bioscience Effective Interest Rate on Debt % Historical Data

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The historical data trend for Skye Bioscience'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.

Skye Bioscience Effective Interest Rate on Debt % Chart

Skye Bioscience Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.56 33.33 26.97 39.60 0.00

Skye Bioscience Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.98 0.00 0.00 0.00 3.18

FRA:09R vs PLRZ, NEUP, LGVN: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Skye Bioscience'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.


Skye Bioscience Effective Interest Rate on Debt % vs Biotechnology Industry

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

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


FRA:09R
20GF Score
Skye Bioscience Inc FRA:09R
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Skye Bioscience Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  0/( (0.435+0.234)/ 2 )
=-1  *  0/0.3345
=0.00 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.261 + 0.174
=0.435

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.072 + 0.162
=0.234

Skye Bioscience's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -0.008/( (0.234+0.269)/ 2 )
=-1  *  -0.008/0.2515
=3.18 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.072 + 0.162
=0.234

* 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 (Mar. 2026) 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 3.18% mean?
Skye Bioscience (FRA:09R) has a Effective Interest Rate on Debt % of 3.18% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Skye Bioscience and its competitors.
Is Skye Bioscience's Effective Interest Rate on Debt % too high?
Skye Bioscience's current Effective Interest Rate on Debt % is 3.18%. Overall, Skye Bioscience has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Skye Bioscience's Effective Interest Rate on Debt % compare to PLRZ and NEUP?
Skye Bioscience's Effective Interest Rate on Debt % of 3.18% 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 Skye Bioscience and its competitors. Skye Bioscience's current Effective Interest Rate on Debt % is 3.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skye Bioscience stock overvalued right now?
Skye Bioscience (FRA:09R) has a current Effective Interest Rate on Debt % of 3.18%. The current Effective Interest Rate on Debt % is 3.18%. Skye Bioscience's overall GF Score™ is 20/100 with 1 warning sign to review. 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 Skye Bioscience (FRA:09R), the current Effective Interest Rate on Debt % is 3.18% as of Mar. 2026. 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.

Skye Bioscience Business Description

Other Exchanges SKYE:USA
Address 11250 El Camino Real, Suite 100, San Diego, CA, USA, 92130
Skye Bioscience Inc is a pre-clinical pharmaceutical company located in San Diego, California. The company's clinical assets focus on the modulation of cannabinoid receptor 1 ("CB1") to provide novel treatments and alternatives for diseases caused by metabolic disorders, inflammation, fibrosis, and neurodegeneration, such as obesity and glaucoma. The company's Phase 2 clinical candidates include nimacimab, a negative allosteric modulating antibody that inhibits peripheral CB1 receptors, currently being developed for the treatment of obesity and SBI-100 Ophthalmic Emulsion ("SBI-100 OE"), a CB1 agonist (activator), currently being developed for the treatment of glaucoma and ocular hypertension.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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