NGMDF (NuGen Medical Devices) Effective Interest Rate on Debt %: 20.42% (As of Mar. 2026)


What is NuGen Medical Devices Effective Interest Rate on Debt %?

NuGen Medical Devices NGMDF Effective Interest Rate on Debt % is 20.42% as of Mar. 2026. The stock has 7 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. NuGen Medical Devices's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $2.62 Mil. NuGen Medical Devices's average total debt for the quarter that ended in Mar. 2026 was $12.81 Mil. Therefore, NuGen Medical Devices's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 20.42%.

NuGen Medical Devices  (OTCPK:NGMDF) Effective Interest Rate on Debt % Explanation

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

NuGen Medical Devices Effective Interest Rate on Debt % Related Terms

NuGen Medical Devices Effective Interest Rate on Debt % Historical Data

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The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Effective Interest Rate on Debt % Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 19.24 15.13 16.26 12.75 17.67

NuGen Medical Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.89 18.14 17.82 19.07 20.42

NGMDF vs ABT, SYK, MDT: Effective Interest Rate on Debt % Comparison

For the Medical Devices subindustry, NuGen Medical Devices'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.

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

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

* The bar in red indicates where NuGen Medical Devices's Effective Interest Rate on Debt % falls into.


NuGen Medical Devices Effective Interest Rate on Debt % Calculation

NuGen Medical Devices'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  *  -2.217/( (12.497+12.596)/ 2 )
=-1  *  -2.217/12.5465
=17.67 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.093 + 0.404
=12.497

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.436 + 2.16
=12.596

NuGen Medical Devices's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -2.616/( (12.596+13.023)/ 2 )
=-1  *  -2.616/12.8095
=20.42 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.436 + 2.16
=12.596

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.794 + 2.229
=13.023

* 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. 2026) 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 20.42% mean?
NuGen Medical Devices (NGMDF) has a Effective Interest Rate on Debt % of 20.42% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on NuGen Medical Devices and its competitors.
Is NuGen Medical Devices' Effective Interest Rate on Debt % too high?
NuGen Medical Devices' current Effective Interest Rate on Debt % is 20.42%.
How does NuGen Medical Devices' Effective Interest Rate on Debt % compare to ABT and SYK?
NuGen Medical Devices' Effective Interest Rate on Debt % of 20.42% 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 NuGen Medical Devices and its competitors. NuGen Medical Devices's current Effective Interest Rate on Debt % is 20.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 21.8% below its estimated fair value. The current Effective Interest Rate on Debt % is 20.42%. 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 NuGen Medical Devices (NGMDF), the current Effective Interest Rate on Debt % is 20.42% as of Mar. 2026. 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.