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Cambridge Nutritional Sciences (LSE:CNSL) Effective Interest Rate on Debt % : 15.86% (As of Sep. 2024)


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What is Cambridge Nutritional Sciences 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. Cambridge Nutritional Sciences's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was £0.02 Mil. Cambridge Nutritional Sciences's average total debt for the quarter that ended in Sep. 2024 was £0.11 Mil. Therefore, Cambridge Nutritional Sciences's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 15.86%.


Cambridge Nutritional Sciences Effective Interest Rate on Debt % Historical Data

The historical data trend for Cambridge Nutritional Sciences'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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Cambridge Nutritional Sciences Effective Interest Rate on Debt % Chart

Cambridge Nutritional Sciences Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 2.88 1.31 5.86 19.82

Cambridge Nutritional Sciences Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 4.75 13.40 16.67 11.05 15.86

Competitive Comparison of Cambridge Nutritional Sciences's Effective Interest Rate on Debt %

For the Medical Instruments & Supplies subindustry, Cambridge Nutritional Sciences'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.


Cambridge Nutritional Sciences's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Cambridge Nutritional Sciences's Effective Interest Rate on Debt % falls into.


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Cambridge Nutritional Sciences Effective Interest Rate on Debt % Calculation

Cambridge Nutritional Sciences's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -0.022/( (0.074+0.148)/ 2 )
=-1  *  -0.022/0.111
=19.82 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.019 + 0.055
=0.074

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.025 + 0.123
=0.148

Cambridge Nutritional Sciences's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.018/( (0.148+0.079)/ 2 )
=-1  *  -0.018/0.1135
=15.86 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.025 + 0.123
=0.148

* 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 two times the semi-annual (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Cambridge Nutritional Sciences  (LSE:CNSL) Effective Interest Rate on Debt % Explanation

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


Cambridge Nutritional Sciences Effective Interest Rate on Debt % Related Terms

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Cambridge Nutritional Sciences Business Description

Traded in Other Exchanges
N/A
Address
One Fleet Place, London, GBR, EC4M 7WS
Cambridge Nutritional Sciences PLC is a specialist medical diagnostics company focused on promoting a personalized and functional approach to health and nutrition. The group has two reportable segments: Health and Nutrition; and Corporate. The Health and Nutrition division specialises in the research, development, and production of kits to aid the detection of immune reactions to food. It also provides clinical analysis to the general public, clinics, and health professionals as well as supplying the point-of-care Food Detective test. The Corporate segment consists of centralised corporate costs which are not allocated to the trading activities of the group. The company generates the majority of its revenue from the Health and Nutrition segment.