INND (Innerscope Hearing Technologies) Effective Interest Rate on Debt %: 8.90% (As of Dec. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Innerscope Hearing Technologies Effective Interest Rate on Debt %?

Innerscope Hearing Technologies INND Effective Interest Rate on Debt % is 8.90% as of Dec. 2020.

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. Innerscope Hearing Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was $0.49 Mil. Innerscope Hearing Technologies's average total debt for the quarter that ended in Dec. 2020 was $5.48 Mil. Therefore, Innerscope Hearing Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 8.90%.


Innerscope Hearing Technologies  (OTCPK:INND) Effective Interest Rate on Debt % Explanation

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


Innerscope Hearing Technologies Effective Interest Rate on Debt % Related Terms


Innerscope Hearing Technologies Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Effective Interest Rate on Debt % Chart

Innerscope Hearing Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 6.68 105.14 114.01 33.99

Innerscope Hearing Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 94.63 11.35 43.76 21.03 8.90

INND vs NWCN, NCAP, MOBQ: Effective Interest Rate on Debt % Comparison

For the Medical Instruments & Supplies subindustry, Innerscope Hearing Technologies'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.


Innerscope Hearing Technologies Effective Interest Rate on Debt % vs Medical Devices & Instruments Industry

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

* The bar in red indicates where Innerscope Hearing Technologies's Effective Interest Rate on Debt % falls into.



Innerscope Hearing Technologies Effective Interest Rate on Debt % Calculation

Innerscope Hearing Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -1.712/( (4.6+5.475)/ 2 )
=-1  *  -1.712/5.0375
=33.99 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.684 + 2.916
=4.6

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.617 + 3.858
=5.475

Innerscope Hearing Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2020 )+Total Debt  (Q: Dec. 2020 ))/ count )
=-1  *  -0.488/( (5.487+5.475)/ 2 )
=-1  *  -0.488/5.481
=8.90 %

where

Total Debt  (Q: Sep. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.698 + 3.789
=5.487

Total Debt  (Q: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.617 + 3.858
=5.475

* 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 (Dec. 2020) 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 8.90% mean?
Innerscope Hearing Technologies (INND) has a Effective Interest Rate on Debt % of 8.90% as of Dec. 2020. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Innerscope Hearing Technologies and its competitors.
Is Innerscope Hearing Technologies' Effective Interest Rate on Debt % too high?
Innerscope Hearing Technologies' current Effective Interest Rate on Debt % is 8.90%.
How does Innerscope Hearing Technologies' Effective Interest Rate on Debt % compare to NWCN and NCAP?
Innerscope Hearing Technologies' Effective Interest Rate on Debt % of 8.90% 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 Innerscope Hearing Technologies and its competitors. Innerscope Hearing Technologies's current Effective Interest Rate on Debt % is 8.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innerscope Hearing Technologies stock overvalued right now?
Innerscope Hearing Technologies (INND) has a current Effective Interest Rate on Debt % of 8.90%. The current Effective Interest Rate on Debt % is 8.90%. 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 Innerscope Hearing Technologies (INND), the current Effective Interest Rate on Debt % is 8.90% as of Dec. 2020. 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.

Innerscope Hearing Technologies Business Description

Address 2151 Professional Drive, Suite 105, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and distributor of OTC Hearing Aids, Hearing Aid Accessories & Hearing Health-Related Products (Hearing Products) dedicated to addressing the demand for affordable hearing solutions. The company operates retail hearing device clinics in California. InnerScope is focused on leveraging these strategic assets to identify, incubate, and support health-technology ventures positioned for growth in public markets and long-term shareholder value creation.