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Genomma Lab InternacionalB de CV (Genomma Lab InternacionalB de CV) Effective Interest Rate on Debt % : 13.02% (As of Mar. 2024)


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What is Genomma Lab InternacionalB de CV Effective Interest Rate on Debt %?

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. Genomma Lab InternacionalB de CV's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $48.4 Mil. Genomma Lab InternacionalB de CV's average total debt for the quarter that ended in Mar. 2024 was $371.4 Mil. Therefore, Genomma Lab InternacionalB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 13.02%.


Genomma Lab InternacionalB de CV Effective Interest Rate on Debt % Historical Data

The historical data trend for Genomma Lab InternacionalB de CV'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.

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Genomma Lab InternacionalB de CV Effective Interest Rate on Debt % Chart

Genomma Lab InternacionalB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.33 7.14 7.03 8.68 14.01

Genomma Lab InternacionalB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.05 14.64 13.08 14.04 13.02

Competitive Comparison of Genomma Lab InternacionalB de CV's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Genomma Lab InternacionalB de CV'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.


Genomma Lab InternacionalB de CV's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Genomma Lab InternacionalB de CV's Effective Interest Rate on Debt % falls into.



Genomma Lab InternacionalB de CV Effective Interest Rate on Debt % Calculation

Genomma Lab InternacionalB de CV's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -48.892/( (330.39+367.57)/ 2 )
=-1  *  -48.892/348.98
=14.01 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=81.544 + 248.846
=330.39

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.433 + 118.137
=367.57

Genomma Lab InternacionalB de CV's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -48.352/( (367.57+375.23)/ 2 )
=-1  *  -48.352/371.4
=13.02 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=249.433 + 118.137
=367.57

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=248.13 + 127.1
=375.23

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Genomma Lab InternacionalB de CV  (OTCPK:GNMLF) Effective Interest Rate on Debt % Explanation

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


Genomma Lab InternacionalB de CV Effective Interest Rate on Debt % Related Terms

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Genomma Lab InternacionalB de CV (Genomma Lab InternacionalB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Antonio Dovalí Jaime, Number 70, Tower C, Floor 2, Office A. Colonia Santa Fe, Del. Alvaro Obregon, Mexico, MEX, MEX, CP 01210
Genomma Lab Internacional SAB de CV is a specialty and generic drug manufacturer. The company's stated goal is to improve and preserve the health and well-being of people through innovative, safe, and effective products. Genomma operates a wide variety of brands to serve different consumer needs, including pregnancy, pain medication, and deodorant. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

Genomma Lab InternacionalB de CV (Genomma Lab InternacionalB de CV) Headlines