MKDTY (Molecular Data) Effective Interest Rate on Debt %: 0.00% (As of Jun. 2021)

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What is Molecular Data Effective Interest Rate on Debt %?

Molecular Data MKDTY -99.00% Effective Interest Rate on Debt % is 0.00% as of Jun. 2021.

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. Molecular Data's annualized positive value of Interest Expense for the quarter that ended in Jun. 2021 was $0 Mil. Molecular Data's average total debt for the quarter that ended in Jun. 2021 was $13 Mil. Therefore, Molecular Data's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 was 0.00%.


Molecular Data  (OTCPK:MKDTY) Effective Interest Rate on Debt % Explanation

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


Molecular Data Effective Interest Rate on Debt % Related Terms


Molecular Data Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Molecular Data'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.

Molecular Data Effective Interest Rate on Debt % Chart

Molecular Data Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
0.00 12.14 26.31 51.68 24.72

Molecular Data Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21
Effective Interest Rate on Debt % Get a 7-Day Free Trial 52.98 0.00 0.00 0.00 0.00

MKDTY vs BLGO, DOW, CE: Effective Interest Rate on Debt % Comparison

For the Chemicals subindustry, Molecular Data'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.


Molecular Data Effective Interest Rate on Debt % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Molecular Data's Effective Interest Rate on Debt % distribution charts can be found below:

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



Molecular Data Effective Interest Rate on Debt % Calculation

Molecular Data's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -1.64/( (2.399+10.871)/ 2 )
=-1  *  -1.64/6.635
=24.72 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.014 + 7.857
=10.871

Molecular Data's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2020 )+Total Debt  (Q: Jun. 2021 ))/ count )
=-1  *  0/( (10.871+15.883)/ 2 )
=-1  *  0/13.377
=0.00 %

where

Total Debt  (Q: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.014 + 7.857
=10.871

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.068 + 12.815
=15.883

* 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 (Jun. 2021) 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 0.00% mean?
Molecular Data (MKDTY) has a Effective Interest Rate on Debt % of 0.00% as of Jun. 2021. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Molecular Data and its competitors.
Is Molecular Data's Effective Interest Rate on Debt % too high?
Molecular Data's current Effective Interest Rate on Debt % is 0.00%.
How does Molecular Data's Effective Interest Rate on Debt % compare to BLGO and DOW?
Molecular Data's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Chemicals 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 Chemicals company?
A good Effective Interest Rate on Debt % depends on the Chemicals 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 Molecular Data and its competitors. Molecular Data's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molecular Data stock overvalued right now?
Molecular Data (MKDTY) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. 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 Molecular Data (MKDTY), the current Effective Interest Rate on Debt % is 0.00% as of Jun. 2021. 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.

Molecular Data Business Description

Address 2177 Shenkun Road, 11th Floor, Building 15, Minhang District, Shanghai, CHN, 201106
Molecular Data Inc is a chemical e-commerce platform in China. It provides SaaS-powered and data-driven integrated service platform for chemical e-commerce. The company offers e-commerce solutions, financial solutions, and warehousing and logistics solutions through its platform. The company generates all its revenues through Chemical trading from China. It sells chemical products to customers through an online platform or sales representatives.