Nektar Therapeutics (FRA:ITH0) Effective Interest Rate on Debt %: 37.86% (As of Mar. 2026)

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FRA:ITH0 Nektar Therapeutics FRA:ITH0
47 GF Score
Price €60.70
GF Value €5.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nektar Therapeutics Effective Interest Rate on Debt %?

Nektar Therapeutics FRA:ITH0 -3.13% 47 Effective Interest Rate on Debt % is 37.86% as of Mar. 2026. GuruFocus rates FRA:ITH0 with a GF Score™ of 47/100 and a GF Value™ of €5.14 (Significantly Overvalued). The stock has 5 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. Nektar Therapeutics's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was €27.48 Mil. Nektar Therapeutics's average total debt for the quarter that ended in Mar. 2026 was €72.58 Mil. Therefore, Nektar Therapeutics's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 37.86%.


Nektar Therapeutics  (FRA:ITH0) Effective Interest Rate on Debt % Explanation

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


Nektar Therapeutics Effective Interest Rate on Debt % Related Terms


Nektar Therapeutics Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Nektar Therapeutics'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.

Nektar Therapeutics Effective Interest Rate on Debt % Chart

Nektar Therapeutics 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 33.46 21.76 20.02 26.07 26.13

Nektar Therapeutics 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 19.30 21.24 25.49 44.04 37.86

FRA:ITH0 vs OCUL, PVLA, GENB: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Nektar Therapeutics'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.


Nektar Therapeutics Effective Interest Rate on Debt % vs Biotechnology Industry

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

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


FRA:ITH0
47GF Score
Nektar Therapeutics FRA:ITH0
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nektar Therapeutics Effective Interest Rate on Debt % Calculation

Nektar Therapeutics'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  *  -22.361/( (97.949+73.232)/ 2 )
=-1  *  -22.361/85.5905
=26.13 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=78.975 + 18.974
=97.949

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.729 + 17.503
=73.232

Nektar Therapeutics'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  *  -27.48/( (73.232+71.935)/ 2 )
=-1  *  -27.48/72.5835
=37.86 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.729 + 17.503
=73.232

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=52.446 + 19.489
=71.935

* 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 37.86% mean?
Nektar Therapeutics (FRA:ITH0) has a Effective Interest Rate on Debt % of 37.86% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Nektar Therapeutics and its competitors.
Is Nektar Therapeutics' Effective Interest Rate on Debt % too high?
Nektar Therapeutics' current Effective Interest Rate on Debt % is 37.86%. Overall, Nektar Therapeutics has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nektar Therapeutics' Effective Interest Rate on Debt % compare to OCUL and PVLA?
Nektar Therapeutics' Effective Interest Rate on Debt % of 37.86% 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 Nektar Therapeutics and its competitors. Nektar Therapeutics's current Effective Interest Rate on Debt % is 37.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nektar Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Nektar Therapeutics (FRA:ITH0) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.14, compared to a current price of €60.70 — trading 1080.9% above its estimated fair value. The current Effective Interest Rate on Debt % is 37.86%. Nektar Therapeutics' overall GF Score™ is 47/100 with 5 warning signs 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 Nektar Therapeutics (FRA:ITH0), the current Effective Interest Rate on Debt % is 37.86% 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.

Is Nektar Therapeutics (FRA:ITH0) Overvalued in 2026?

Based on GuruFocus' analysis, Nektar Therapeutics stock appears to be overvalued. The current stock price of €60.70 is trading 1080.9% above its estimated GF Value™ of €5.14. GuruFocus considers Nektar Therapeutics to be Significantly Overvalued.

Key valuation signals for FRA:ITH0:

  • Effective Interest Rate on Debt %: 37.86%
  • GF Value™: €5.14 vs. price of €60.70 (1080.9% above fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the FRA:ITH0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nektar Therapeutics Business Description

Other Exchanges NKTR:USA0UNL:UKITH0:Germany
Address 455 Mission Bay Boulevard South, San Francisco, CA, USA, 94158
Nektar Therapeutics is a clinical-stage, research-based biopharmaceutical company headquartered in San Francisco, California, and incorporated in Delaware, focused on discovering and developing medicines in the field of immunotherapy. The Company directs its efforts toward creating immunomodulatory agents that selectively induce, amplify, attenuate, or prevent immune responses to achieve desired therapeutic outcomes. Its pipeline of clinical-stage and preclinical-stage immunomodulatory agents targets the treatment of autoimmune diseases, including rezpegaldesleukin, NKTR-0165, NKTR-0166, and NKTR-422, as well as cancer, including NKTR-255.
47GF Score

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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.

€60.70
Price
€5.14
GF Value