HMGN (Hemagen Diagnostics) Effective Interest Rate on Debt %: 9.55% (As of Sep. 2012)

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What is Hemagen Diagnostics Effective Interest Rate on Debt %?

Hemagen Diagnostics HMGN Effective Interest Rate on Debt % is 9.55% as of Sep. 2012.

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. Hemagen Diagnostics's annualized positive value of Interest Expense for the quarter that ended in Sep. 2012 was $0.48 Mil. Hemagen Diagnostics's average total debt for the quarter that ended in Sep. 2012 was $5.03 Mil. Therefore, Hemagen Diagnostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2012 was 9.55%.

Hemagen Diagnostics  (OTCPK:HMGN) Effective Interest Rate on Debt % Explanation

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

Hemagen Diagnostics Effective Interest Rate on Debt % Related Terms

Hemagen Diagnostics Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Hemagen Diagnostics'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.

Hemagen Diagnostics Effective Interest Rate on Debt % Chart

Hemagen Diagnostics Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.44 8.87 7.44 8.88 9.62

Hemagen Diagnostics Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 9.49 9.61 9.47 9.63 9.55

HMGN vs OBMP, NSPX, ATRX: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Hemagen Diagnostics'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.

Hemagen Diagnostics Effective Interest Rate on Debt % vs Biotechnology Industry

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

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


Hemagen Diagnostics Effective Interest Rate on Debt % Calculation

Hemagen Diagnostics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2011 )+Total Debt  (A: Sep. 2012 ))/ count )
=-1  *  -0.469/( (4.719+5.027)/ 2 )
=-1  *  -0.469/4.873
=9.62 %

where

Total Debt  (A: Sep. 2011 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.05 + 0.669
=4.719

Total Debt  (A: Sep. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.05 + 0.977
=5.027

Hemagen Diagnostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2012 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2012 )+Total Debt  (Q: Sep. 2012 ))/ count )
=-1  *  -0.48/( (5.027+5.027)/ 2 )
=-1  *  -0.48/5.027
=9.55 %

where

Total Debt  (Q: Jun. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.05 + 0.977
=5.027

Total Debt  (Q: Sep. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.05 + 0.977
=5.027

* 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. 2012) 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 9.55% mean?
Hemagen Diagnostics (HMGN) has a Effective Interest Rate on Debt % of 9.55% as of Sep. 2012. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Hemagen Diagnostics and its competitors.
Is Hemagen Diagnostics' Effective Interest Rate on Debt % too high?
Hemagen Diagnostics' current Effective Interest Rate on Debt % is 9.55%.
How does Hemagen Diagnostics' Effective Interest Rate on Debt % compare to OBMP and NSPX?
Hemagen Diagnostics' Effective Interest Rate on Debt % of 9.55% 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 Hemagen Diagnostics and its competitors. Hemagen Diagnostics's current Effective Interest Rate on Debt % is 9.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemagen Diagnostics stock overvalued right now?
Hemagen Diagnostics (HMGN) has a current Effective Interest Rate on Debt % of 9.55%. The current Effective Interest Rate on Debt % is 9.55%. 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 Hemagen Diagnostics (HMGN), the current Effective Interest Rate on Debt % is 9.55% as of Sep. 2012. 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.

Hemagen Diagnostics Business Description

Address 9033 Red Branch Road, Columbia, MD, USA, 21045
Hemagen Diagnostics Inc is a biotechnology company. It develops, manufactures and markets Food and Drug Administration cleared proprietary medical diagnostic test kits and components. The company's Virgo line of Immunoassays are used to aid in the diagnosis of autoimmune and infectious diseases and acute-phase proteins. The assays utilize multiple technologies including ELISA, immunofluorescence (IFA) and hemagglutination (HA). Its products include ANA Screen ELISA 96 Test System, Rubella IgG ELISA 96 Test System, AMA IFA 48 Test System and others.