HLTY (Precheck Health Service) Effective Interest Rate on Debt %: 34.72% (As of Sep. 2019)


What is Precheck Health Service Effective Interest Rate on Debt %?

Precheck Health Service HLTY Effective Interest Rate on Debt % is 34.72% as of Sep. 2019.

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. Precheck Health Service's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $0.50 Mil. Precheck Health Service's average total debt for the quarter that ended in Sep. 2019 was $1.44 Mil. Therefore, Precheck Health Service's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 34.72%.

Precheck Health Service  (GREY:HLTY) Effective Interest Rate on Debt % Explanation

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

Precheck Health Service Effective Interest Rate on Debt % Related Terms

Precheck Health Service Effective Interest Rate on Debt % Historical Data

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The historical data trend for Precheck Health Service'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.

Precheck Health Service Effective Interest Rate on Debt % Chart

Precheck Health Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
0.00 10.79 1.77 63.61

Precheck Health Service Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 97.36 5.03 34.03 7.08 34.72

HLTY vs AEMD, ABMT, LLIT: Effective Interest Rate on Debt % Comparison

For the Medical Devices subindustry, Precheck Health Service'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.

Precheck Health Service Effective Interest Rate on Debt % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precheck Health Service's Effective Interest Rate on Debt % distribution charts can be found below:

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


Precheck Health Service Effective Interest Rate on Debt % Calculation

Precheck Health Service's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -0.208/( (0.072+0.582)/ 2 )
=-1  *  -0.208/0.327
=63.61 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.063 + 0.009
=0.072

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.582
=0.582

Precheck Health Service's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2019 )+Total Debt  (Q: Sep. 2019 ))/ count )
=-1  *  -0.5/( (1.437+1.443)/ 2 )
=-1  *  -0.5/1.44
=34.72 %

where

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.437
=1.437

Total Debt  (Q: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.443
=1.443

* 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 (Sep. 2019) 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 34.72% mean?
Precheck Health Service (HLTY) has a Effective Interest Rate on Debt % of 34.72% as of Sep. 2019. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Precheck Health Service and its competitors.
Is Precheck Health Service's Effective Interest Rate on Debt % too high?
Precheck Health Service's current Effective Interest Rate on Debt % is 34.72%.
How does Precheck Health Service's Effective Interest Rate on Debt % compare to AEMD and ABMT?
Precheck Health Service's Effective Interest Rate on Debt % of 34.72% can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Effective Interest Rate on Debt % depends on the Medical Devices & Instruments 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 Precheck Health Service and its competitors. Precheck Health Service's current Effective Interest Rate on Debt % is 34.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precheck Health Service stock overvalued right now?
Precheck Health Service (HLTY) has a current Effective Interest Rate on Debt % of 34.72%. The current Effective Interest Rate on Debt % is 34.72%. 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 Precheck Health Service (HLTY), the current Effective Interest Rate on Debt % is 34.72% as of Sep. 2019. 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.

Precheck Health Service Business Description

Address 305 West Woodard Street, Suite 221, Denison, TX, USA, 75020
Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.