IPCIQ (IntelliPharmaCeutics International) Effective Interest Rate on Debt %: 12.01% (As of Aug. 2023)

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IPCIQ IntelliPharmaCeutics International Inc IPCIQ
16 GF Score
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What is IntelliPharmaCeutics International Effective Interest Rate on Debt %?

IntelliPharmaCeutics International IPCIQ -100.00% 16 Effective Interest Rate on Debt % is 12.01% as of Aug. 2023. GuruFocus rates IPCIQ with a GF Score™ of 16/100.

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. IntelliPharmaCeutics International's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $0.27 Mil. IntelliPharmaCeutics International's average total debt for the quarter that ended in Aug. 2023 was $2.23 Mil. Therefore, IntelliPharmaCeutics International's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 12.01%.


IntelliPharmaCeutics International  (OTCPK:IPCIQ) Effective Interest Rate on Debt % Explanation

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


IntelliPharmaCeutics International Effective Interest Rate on Debt % Related Terms


IntelliPharmaCeutics International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for IntelliPharmaCeutics International'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.

IntelliPharmaCeutics International Effective Interest Rate on Debt % Chart

IntelliPharmaCeutics International Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.56 13.42 48.28 27.25 13.76

IntelliPharmaCeutics International Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 10.45 12.01 8.82 9.16 12.01

IPCIQ vs CHRO, KTTA, FRTX: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, IntelliPharmaCeutics International'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.


IntelliPharmaCeutics International Effective Interest Rate on Debt % vs Biotechnology Industry

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

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


IPCIQ
16GF Score
IntelliPharmaCeutics International Inc IPCIQ
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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IntelliPharmaCeutics International Effective Interest Rate on Debt % Calculation

IntelliPharmaCeutics International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Nov. 2021 )+Total Debt  (A: Nov. 2022 ))/ count )
=-1  *  -0.292/( (1.917+2.326)/ 2 )
=-1  *  -0.292/2.1215
=13.76 %

where

IntelliPharmaCeutics International's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2023 )+Total Debt  (Q: Aug. 2023 ))/ count )
=-1  *  -0.268/( (2.244+2.218)/ 2 )
=-1  *  -0.268/2.231
=12.01 %

where

* 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 (Aug. 2023) 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 12.01% mean?
IntelliPharmaCeutics International (IPCIQ) has a Effective Interest Rate on Debt % of 12.01% as of Aug. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on IntelliPharmaCeutics International and its competitors.
Is IntelliPharmaCeutics International's Effective Interest Rate on Debt % too high?
IntelliPharmaCeutics International's current Effective Interest Rate on Debt % is 12.01%. Overall, IntelliPharmaCeutics International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does IntelliPharmaCeutics International's Effective Interest Rate on Debt % compare to CHRO and KTTA?
IntelliPharmaCeutics International's Effective Interest Rate on Debt % of 12.01% 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 IntelliPharmaCeutics International and its competitors. IntelliPharmaCeutics International's current Effective Interest Rate on Debt % is 12.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IntelliPharmaCeutics International stock overvalued right now?
IntelliPharmaCeutics International (IPCIQ) has a current Effective Interest Rate on Debt % of 12.01%. The current Effective Interest Rate on Debt % is 12.01%. IntelliPharmaCeutics International's overall GF Score™ is 16/100. 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 IntelliPharmaCeutics International (IPCIQ), the current Effective Interest Rate on Debt % is 12.01% as of Aug. 2023. 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.

IntelliPharmaCeutics International Business Description

Address 30 Worcester Road, Toronto, ON, CAN, M9W 5X2
IntelliPharmaCeutics International Inc is a pharmaceutical company specializing in the research, development and manufacture of novel and generic controlled-release and targeted-release oral solid dosage drugs. The company's patented Hypermatrix technology is a multidimensional controlled-release drug delivery platform that can be applied to a wide range of existing and new pharmaceuticals. It has developed several drug delivery systems based on this technology platform, with a pipeline of products in various stages of development. The company has ANDA and NDA 505(b)(2) drug product candidates in its development pipeline.
16GF 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.

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