MPXOF (MPX International) Effective Interest Rate on Debt %: 61.64% (As of Mar. 2022)


What is MPX International Effective Interest Rate on Debt %?

MPX International MPXOF -99.00% Effective Interest Rate on Debt % is 61.64% as of Mar. 2022.

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. MPX International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $11.06 Mil. MPX International's average total debt for the quarter that ended in Mar. 2022 was $17.94 Mil. Therefore, MPX International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 61.64%.

MPX International  (OTCPK:MPXOF) Effective Interest Rate on Debt % Explanation

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

MPX International Effective Interest Rate on Debt % Related Terms

MPX International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for MPX International'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.

MPX International Effective Interest Rate on Debt % Chart

MPX International Annual Data
Trend Sep18 Sep19 Sep20 Sep21
Effective Interest Rate on Debt %
0.00 21.14 13.84 29.65

MPX International Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 16.47 18.50 54.10 29.35 61.64

MPXOF vs ZTS, CTLT, VTRS: Effective Interest Rate on Debt % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MPX International'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.

MPX International Effective Interest Rate on Debt % vs Drug Manufacturers Industry

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

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


MPX International Effective Interest Rate on Debt % Calculation

MPX International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2020 )+Total Debt  (A: Sep. 2021 ))/ count )
=-1  *  -3.412/( (8.226+14.793)/ 2 )
=-1  *  -3.412/11.5095
=29.65 %

where

Total Debt  (A: Sep. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.683 + 1.543
=8.226

Total Debt  (A: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.103 + 5.69
=14.793

MPX International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Mar. 2022 ))/ count )
=-1  *  -11.06/( (15.926+19.961)/ 2 )
=-1  *  -11.06/17.9435
=61.64 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.321 + 5.605
=15.926

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.41 + 6.551
=19.961

* 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 (Mar. 2022) 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 61.64% mean?
MPX International (MPXOF) has a Effective Interest Rate on Debt % of 61.64% as of Mar. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on MPX International and its competitors.
Is MPX International's Effective Interest Rate on Debt % too high?
MPX International's current Effective Interest Rate on Debt % is 61.64%.
How does MPX International's Effective Interest Rate on Debt % compare to ZTS and CTLT?
MPX International's Effective Interest Rate on Debt % of 61.64% 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 MPX International and its competitors. MPX International's current Effective Interest Rate on Debt % is 61.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPX International stock overvalued right now?
MPX International (MPXOF) has a current Effective Interest Rate on Debt % of 61.64%. The current Effective Interest Rate on Debt % is 61.64%. 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 MPX International (MPXOF), the current Effective Interest Rate on Debt % is 61.64% as of Mar. 2022. 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.

MPX International Business Description

Address 5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4
MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.