MRES (Institute of Biomedical Research) Effective Interest Rate on Debt %: 14.88% (As of Dec. 2010)


What is Institute of Biomedical Research Effective Interest Rate on Debt %?

Institute of Biomedical Research MRES Effective Interest Rate on Debt % is 14.88% as of Dec. 2010.

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. Institute of Biomedical Research's annualized positive value of Interest Expense for the quarter that ended in Dec. 2010 was $0.15 Mil. Institute of Biomedical Research's average total debt for the quarter that ended in Dec. 2010 was $1.02 Mil. Therefore, Institute of Biomedical Research's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2010 was 14.88%.

Institute of Biomedical Research  (OTCPK:MRES) Effective Interest Rate on Debt % Explanation

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

Institute of Biomedical Research Effective Interest Rate on Debt % Related Terms

Institute of Biomedical Research Effective Interest Rate on Debt % Historical Data

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The historical data trend for Institute of Biomedical Research'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.

Institute of Biomedical Research Effective Interest Rate on Debt % Chart

Institute of Biomedical Research Annual Data
Trend Dec03 Dec04 Mar06 Mar07 Mar08 Mar09 Mar10
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 0.00 10.96 4.38

Institute of Biomedical Research Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.00 2.99 6.12 10.44 14.88

MRES vs HSTC, NTRR, VITIF: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Institute of Biomedical Research'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.

Institute of Biomedical Research Effective Interest Rate on Debt % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Institute of Biomedical Research's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Institute of Biomedical Research's Effective Interest Rate on Debt % falls into.


Institute of Biomedical Research Effective Interest Rate on Debt % Calculation

Institute of Biomedical Research's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2009 )+Total Debt  (A: Mar. 2010 ))/ count )
=-1  *  -0.012/( (0.146+0.402)/ 2 )
=-1  *  -0.012/0.274
=4.38 %

where

Total Debt  (A: Mar. 2009 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.146
=0.146

Total Debt  (A: Mar. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.402
=0.402

Institute of Biomedical Research's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2010 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2010 )+Total Debt  (Q: Dec. 2010 ))/ count )
=-1  *  -0.152/( (1.582+0.461)/ 2 )
=-1  *  -0.152/1.0215
=14.88 %

where

Total Debt  (Q: Sep. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.582
=1.582

Total Debt  (Q: Dec. 2010 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.461
=0.461

* 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. 2010) 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 14.88% mean?
Institute of Biomedical Research (MRES) has a Effective Interest Rate on Debt % of 14.88% as of Dec. 2010. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Institute of Biomedical Research and its competitors.
Is Institute of Biomedical Research's Effective Interest Rate on Debt % too high?
Institute of Biomedical Research's current Effective Interest Rate on Debt % is 14.88%.
How does Institute of Biomedical Research's Effective Interest Rate on Debt % compare to HSTC and NTRR?
Institute of Biomedical Research's Effective Interest Rate on Debt % of 14.88% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Effective Interest Rate on Debt % depends on the Biotechnology 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 Institute of Biomedical Research and its competitors. Institute of Biomedical Research's current Effective Interest Rate on Debt % is 14.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institute of Biomedical Research stock overvalued right now?
Institute of Biomedical Research (MRES) has a current Effective Interest Rate on Debt % of 14.88%. The current Effective Interest Rate on Debt % is 14.88%. 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 Institute of Biomedical Research (MRES), the current Effective Interest Rate on Debt % is 14.88% as of Dec. 2010. 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.

Institute of Biomedical Research Business Description

Address Dubai Science Park, 13th Floor, South Tower, Dubai, ARE, 416452
Institute of Biomedical Research Corp is a biomedical research and development company. The company is focused on alternative plant-based food and medicine and mental health therapeutic research. The company uses brand name M2Bio Sciences engaged in deploying artificial intelligence, science and medicine, clinical research, and emerging technologies.