LSDIF (Lucy Scientific Discovery) Effective Interest Rate on Debt %: 25.92% (As of Dec. 2023)


What is Lucy Scientific Discovery Effective Interest Rate on Debt %?

Lucy Scientific Discovery LSDIF Effective Interest Rate on Debt % is 25.92% as of Dec. 2023.

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. Lucy Scientific Discovery's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.51 Mil. Lucy Scientific Discovery's average total debt for the quarter that ended in Dec. 2023 was $1.98 Mil. Therefore, Lucy Scientific Discovery's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 25.92%.

Lucy Scientific Discovery  (OTCPK:LSDIF) Effective Interest Rate on Debt % Explanation

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

Lucy Scientific Discovery Effective Interest Rate on Debt % Related Terms

Lucy Scientific Discovery Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Lucy Scientific Discovery'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.

Lucy Scientific Discovery Effective Interest Rate on Debt % Chart

Lucy Scientific Discovery Annual Data
Trend Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
107.58 58.92 59.50

Lucy Scientific Discovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 31.14 52.96 90.59 88.71 25.92

LSDIF vs INQD, ZTS, VTRS: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Lucy Scientific Discovery'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.

Lucy Scientific Discovery Effective Interest Rate on Debt % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Lucy Scientific Discovery's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lucy Scientific Discovery's Effective Interest Rate on Debt % falls into.


Lucy Scientific Discovery Effective Interest Rate on Debt % Calculation

Lucy Scientific Discovery's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -1.966/( (4.819+1.789)/ 2 )
=-1  *  -1.966/3.304
=59.50 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.599 + 1.22
=4.819

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.39 + 0.399
=1.789

Lucy Scientific Discovery's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.512/( (1.737+2.213)/ 2 )
=-1  *  -0.512/1.975
=25.92 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.338 + 0.399
=1.737

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.719 + 1.494
=2.213

* 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. 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 25.92% mean?
Lucy Scientific Discovery (LSDIF) has a Effective Interest Rate on Debt % of 25.92% as of Dec. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Lucy Scientific Discovery and its competitors.
Is Lucy Scientific Discovery's Effective Interest Rate on Debt % too high?
Lucy Scientific Discovery's current Effective Interest Rate on Debt % is 25.92%.
How does Lucy Scientific Discovery's Effective Interest Rate on Debt % compare to INQD and ZTS?
Lucy Scientific Discovery's Effective Interest Rate on Debt % of 25.92% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Effective Interest Rate on Debt % depends on the Drug Manufacturers 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 Lucy Scientific Discovery and its competitors. Lucy Scientific Discovery's current Effective Interest Rate on Debt % is 25.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucy Scientific Discovery stock overvalued right now?
Lucy Scientific Discovery (LSDIF) has a current Effective Interest Rate on Debt % of 25.92%. The current Effective Interest Rate on Debt % is 25.92%. 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 Lucy Scientific Discovery (LSDIF), the current Effective Interest Rate on Debt % is 25.92% as of Dec. 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.

Lucy Scientific Discovery Business Description

Address 301-1321 Blanshard Street, Victoria, BC, CAN, V8W 0B6
Lucy Scientific Discovery Inc is an early-stage psychotropics contract manufacturing company focused on becoming the contract research, development, and manufacturing organization for the emerging psychotropics-based medicines industry. Its drug products are designed to treat a range of mental health and cognitive conditions.