Accelerate Diagnostics (MEX:AXDX) Effective Interest Rate on Debt %: 29.35% (As of Dec. 2024)

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MEX:AXDX Accelerate Diagnostics Inc MEX:AXDX
12 GF Score
Price MXN1.75
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What is Accelerate Diagnostics Effective Interest Rate on Debt %?

Accelerate Diagnostics MEX:AXDX 12 Effective Interest Rate on Debt % is 29.35% as of Dec. 2024. GuruFocus rates MEX:AXDX with a GF Score™ of 12/100.

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. Accelerate Diagnostics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was MXN374.2 Mil. Accelerate Diagnostics's average total debt for the quarter that ended in Dec. 2024 was MXN1,274.9 Mil. Therefore, Accelerate Diagnostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 29.35%.


Accelerate Diagnostics  (MEX:AXDX) Effective Interest Rate on Debt % Explanation

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


Accelerate Diagnostics Effective Interest Rate on Debt % Related Terms


Accelerate Diagnostics Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Accelerate Diagnostics'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.

Accelerate Diagnostics Effective Interest Rate on Debt % Chart

Accelerate Diagnostics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 12.12 3.88 12.07 26.63

Accelerate Diagnostics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.18 24.34 26.21 29.20 29.35

MEX:AXDX vs MSIU, BIOLQ, AFIB: Effective Interest Rate on Debt % Comparison

For the Medical Devices subindustry, Accelerate Diagnostics'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.


Accelerate Diagnostics Effective Interest Rate on Debt % vs Medical Devices & Instruments Industry

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

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


MEX:AXDX
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Accelerate Diagnostics Inc MEX:AXDX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Diagnostics Effective Interest Rate on Debt % Calculation

Accelerate Diagnostics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -273.564/( (665.73+1388.489)/ 2 )
=-1  *  -273.564/1027.1095
=26.63 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=626.927 + 38.803
=665.73

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1031.043 + 357.446
=1388.489

Accelerate Diagnostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -374.152/( (1161.215+1388.489)/ 2 )
=-1  *  -374.152/1274.852
=29.35 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1143.061 + 18.154
=1161.215

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1031.043 + 357.446
=1388.489

* 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. 2024) 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 29.35% mean?
Accelerate Diagnostics (MEX:AXDX) has a Effective Interest Rate on Debt % of 29.35% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Accelerate Diagnostics and its competitors.
Is Accelerate Diagnostics' Effective Interest Rate on Debt % too high?
Accelerate Diagnostics' current Effective Interest Rate on Debt % is 29.35%. Overall, Accelerate Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerate Diagnostics' Effective Interest Rate on Debt % compare to MSIU and BIOLQ?
Accelerate Diagnostics' Effective Interest Rate on Debt % of 29.35% can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Effective Interest Rate on Debt % depends on the Medical Devices & Instruments 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 Accelerate Diagnostics and its competitors. Accelerate Diagnostics's current Effective Interest Rate on Debt % is 29.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Diagnostics stock overvalued right now?
Accelerate Diagnostics (MEX:AXDX) has a current Effective Interest Rate on Debt % of 29.35%. The current Effective Interest Rate on Debt % is 29.35%. Accelerate Diagnostics' overall GF Score™ is 12/100. 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 Accelerate Diagnostics (MEX:AXDX), the current Effective Interest Rate on Debt % is 29.35% as of Dec. 2024. 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.

Accelerate Diagnostics Business Description

Address 3950 South Country Club Road, Suite 470, Tucson, AZ, USA, 85714
Accelerate Diagnostics Inc is an in vitro diagnostics company dedicated to providing solutions that improve patient outcomes and lower healthcare costs through the rapid diagnosis of serious infections. Its Clinical Microbiology products include Accelerate Pheno system, Accelerate PhenoTest BC Kit, and Accelerate Arc module & BC kit. The company earns the majority of its revenue from the domestic market. The group operates as one operating segment, deriving instrument, consumable, and service revenues from customers engaged in healthcare diagnostics within the United States. Product revenue is derived from the sale or rental of instruments and sales of related consumable products. Service revenue is derived from the sale of extended service agreements.
12GF 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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