IVDN (Innovative Designs) Effective Interest Rate on Debt %: 35.56% (As of Apr. 2026)


IVDN Innovative Designs Inc IVDN
50 GF Score
Price $0.25
GF Value $0.53
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Innovative Designs Effective Interest Rate on Debt %?

Innovative Designs IVDN -8.01% 50 Effective Interest Rate on Debt % is 35.56% as of Apr. 2026. GuruFocus rates IVDN with a GF Score™ of 50/100 and a GF Value™ of $0.53 (Significantly Undervalued). The stock has 1 warning sign investors should review.

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. Innovative Designs's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $0.01 Mil. Innovative Designs's average total debt for the quarter that ended in Apr. 2026 was $0.02 Mil. Therefore, Innovative Designs's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 35.56%.


Innovative Designs  (OTCPK:IVDN) Effective Interest Rate on Debt % Explanation

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


Innovative Designs Effective Interest Rate on Debt % Related Terms


Innovative Designs Effective Interest Rate on Debt % Historical Data

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The historical data trend for Innovative Designs'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.

Innovative Designs Effective Interest Rate on Debt % Chart

Innovative Designs Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.08 38.71 22.73 30.13 0.00

Innovative Designs Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 21.33 35.56

IVDN vs LSEB, DBGI, JEM: Effective Interest Rate on Debt % Comparison

For the Apparel Retail subindustry, Innovative Designs'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.


Innovative Designs Effective Interest Rate on Debt % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Effective Interest Rate on Debt % distribution charts can be found below:

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


IVDN
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Innovative Designs Inc IVDN
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Innovative Designs Effective Interest Rate on Debt % Calculation

Innovative Designs's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  0/( (0.104+0.047)/ 2 )
=-1  *  0/0.0755
=0.00 %

where

Total Debt  (A: Oct. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.033 + 0.071
=0.104

Total Debt  (A: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.01 + 0.037
=0.047

Innovative Designs's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jan. 2026 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -0.008/( (0.028+0.017)/ 2 )
=-1  *  -0.008/0.0225
=35.56 %

where

Total Debt  (Q: Jan. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.01 + 0.018
=0.028

* 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 (Apr. 2026) 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 35.56% mean?
Innovative Designs (IVDN) has a Effective Interest Rate on Debt % of 35.56% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Innovative Designs and its competitors.
Is Innovative Designs' Effective Interest Rate on Debt % too high?
Innovative Designs' current Effective Interest Rate on Debt % is 35.56%. Overall, Innovative Designs has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Designs' Effective Interest Rate on Debt % compare to LSEB and DBGI?
Innovative Designs' Effective Interest Rate on Debt % of 35.56% can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Effective Interest Rate on Debt % depends on the Retail - Cyclical 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 Innovative Designs and its competitors. Innovative Designs's current Effective Interest Rate on Debt % is 35.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Designs stock overvalued right now?
Based on GuruFocus' analysis, Innovative Designs (IVDN) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.53, compared to a current price of $0.25 — trading 53.6% below its estimated fair value. The current Effective Interest Rate on Debt % is 35.56%. Innovative Designs' overall GF Score™ is 50/100 with 1 warning sign to review. 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 Innovative Designs (IVDN), the current Effective Interest Rate on Debt % is 35.56% as of Apr. 2026. 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.

Is Innovative Designs (IVDN) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Designs stock appears to be undervalued. The current stock price of $0.25 is trading 53.6% below its estimated GF Value™ of $0.53. GuruFocus considers Innovative Designs to be Significantly Undervalued.

Key valuation signals for IVDN:

  • Effective Interest Rate on Debt %: 35.56%
  • GF Value™: $0.53 vs. price of $0.25 (53.6% below fair value)
  • GF Score™: 50/100 with 1 warning sign

No single metric tells the full story. See the IVDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovative Designs Business Description

Address 124 Cherry Street, Pittsburgh, PA, USA, 15223
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low-density foamed polyethylene with buoyancy, scent block, and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold-weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment. Majority of the revenue is from USA and Canada.
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$0.25
Price
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