Cardeon AB (NGM:CARDEO) Effective Interest Rate on Debt %: 51.58% (As of Dec. 2025)

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What is Cardeon AB Effective Interest Rate on Debt %?

Cardeon AB NGM:CARDEO Effective Interest Rate on Debt % is 51.58% as of Dec. 2025. The stock has 4 warning signs investors should review.

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. Cardeon AB's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was kr0.37 Mil. Cardeon AB's average total debt for the quarter that ended in Dec. 2025 was kr0.71 Mil. Therefore, Cardeon AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 51.58%.

Cardeon AB  (NGM:CARDEO) Effective Interest Rate on Debt % Explanation

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

Cardeon AB Effective Interest Rate on Debt % Related Terms

Cardeon AB Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Cardeon AB'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.

Cardeon AB Effective Interest Rate on Debt % Chart

Cardeon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.69 0.00 26.22 26.46 38.50

Cardeon AB Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.24 20.89 0.79 20.02 51.58

NGM:CARDEO vs BLK, BX, KKR: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Cardeon AB'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.

Cardeon AB Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardeon AB's Effective Interest Rate on Debt % distribution charts can be found below:

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


Cardeon AB Effective Interest Rate on Debt % Calculation

Cardeon AB's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.272/( (0.992+0.421)/ 2 )
=-1  *  -0.272/0.7065
=38.50 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.992
=0.992

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.421
=0.421

Cardeon AB's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -0.368/( (1.006+0.421)/ 2 )
=-1  *  -0.368/0.7135
=51.58 %

where

Total Debt  (Q: Jun. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 1.006
=1.006

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.421
=0.421

* 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. 2025) 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 51.58% mean?
Cardeon AB (NGM:CARDEO) has a Effective Interest Rate on Debt % of 51.58% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cardeon AB and its competitors.
Is Cardeon AB's Effective Interest Rate on Debt % too high?
Cardeon AB's current Effective Interest Rate on Debt % is 51.58%.
How does Cardeon AB's Effective Interest Rate on Debt % compare to BLK and BX?
Cardeon AB's Effective Interest Rate on Debt % of 51.58% can be compared against companies in the Asset Management 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 an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management 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 Cardeon AB and its competitors. Cardeon AB's current Effective Interest Rate on Debt % is 51.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardeon AB stock overvalued right now?
Based on GuruFocus' analysis, Cardeon AB (NGM:CARDEO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.01, compared to a current price of kr0.06 — trading 500% above its estimated fair value. The current Effective Interest Rate on Debt % is 51.58%. 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 Cardeon AB (NGM:CARDEO), the current Effective Interest Rate on Debt % is 51.58% as of Dec. 2025. 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.

Cardeon AB Business Description

Address Gasverksgatan 3, Lund, SWE, SE-222 29
Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.