Aptamer Group (LSE:APTA) Effective Interest Rate on Debt % : 7.87% (As of Dec. 2023)

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What is Aptamer Group Effective Interest Rate on Debt %?

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. Aptamer Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was £0.08 Mil. Aptamer Group's average total debt for the quarter that ended in Dec. 2023 was £1.07 Mil. Therefore, Aptamer Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.87%.

Aptamer Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Aptamer Group'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.

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Aptamer Group Effective Interest Rate on Debt % Chart

Aptamer Group Annual Data

Trend

Mar19

Mar20

Jun22

Jun23

Effective Interest Rate on Debt %

9.86

11.21

6.26

11.06

Aptamer Group Semi-Annual Data
	Mar19	Mar20	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			25.34	6.09	13.68	20.88	7.87

Competitive Comparison of Aptamer Group's Effective Interest Rate on Debt %

For the Biotechnology subindustry, Aptamer Group'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.

Aptamer Group's Effective Interest Rate on Debt % Distribution in the Biotechnology Industry

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

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

Aptamer Group Effective Interest Rate on Debt % Calculation

Aptamer Group'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 * -0.132	/	( (1.308	+	1.078)	/ 2 )
=	-1 * -0.132	/	1.193
=	11.06 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.06	+	0.248
=	1.308

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.764	+	0.314
=	1.078

Aptamer Group'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.084	/	( (1.078	+	1.056)	/ 2 )
=	-1 * -0.084	/	1.067
=	7.87 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.764	+	0.314
=	1.078

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.644	+	0.412
=	1.056

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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Aptamer Group (LSE:APTA) Effective Interest Rate on Debt % Explanation

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

Aptamer Group Effective Interest Rate on Debt % Related Terms

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Aptamer Group (LSE:APTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Aptamer Group PLC (LSE:APTA) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Innovation Way, Windmill House, York, GBR, YO10 5BR

Website

https://www.aptamergroup.com

Aptamer Group PLC provides Optimer binders for use in research, diagnostics and therapeutics. It strives to deliver transformational solutions that meet the needs of researchers and developers across the life sciences through the use of its proprietary Optimer technology. Its businesses: Aptamer Solutions for custom Optimer development, Aptamer Diagnostics for in-house and collaborative Optimer-based diagnostic development and Aptamer Therapeutics for the development of Optimer-based therapeutics.

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