OMHE (Omni Health) Effective Interest Rate on Debt %: 0.00% (As of Jan. 2017)

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What is Omni Health Effective Interest Rate on Debt %?

Omni Health OMHE -96.67% Effective Interest Rate on Debt % is 0.00% as of Jan. 2017.

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. Omni Health's annualized positive value of Interest Expense for the quarter that ended in Jan. 2017 was $0.00 Mil. Omni Health's average total debt for the quarter that ended in Jan. 2017 was $0.88 Mil. Therefore, Omni Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2017 was 0.00%.

Omni Health  (OTCPK:OMHE) Effective Interest Rate on Debt % Explanation

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

Omni Health Effective Interest Rate on Debt % Related Terms

Omni Health Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Omni Health'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.

Omni Health Effective Interest Rate on Debt % Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Effective Interest Rate on Debt %
0.00 0.00 0.00

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

OMHE vs MYDP, HEWA, CJJD: Effective Interest Rate on Debt % Comparison

For the Pharmaceutical Retailers subindustry, Omni Health'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.

Omni Health Effective Interest Rate on Debt % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Omni Health's Effective Interest Rate on Debt % distribution charts can be found below:

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


Omni Health Effective Interest Rate on Debt % Calculation

Omni Health's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2015 )+Total Debt  (A: Apr. 2016 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Total Debt  (A: Apr. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Total Debt  (A: Apr. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0
=0

Omni Health's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2016 )+Total Debt  (Q: Jan. 2017 ))/ count )
=-1  *  0/( (0.841+0.925)/ 2 )
=-1  *  0/0.883
=0.00 %

where

Total Debt  (Q: Oct. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.841
=0.841

Total Debt  (Q: Jan. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.024 + 0.901
=0.925

* 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 (Jan. 2017) 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?
Omni Health (OMHE) has a Effective Interest Rate on Debt % of 0.00% as of Jan. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Omni Health and its competitors.
Is Omni Health's Effective Interest Rate on Debt % too high?
Omni Health's current Effective Interest Rate on Debt % is 0.00%.
How does Omni Health's Effective Interest Rate on Debt % compare to MYDP and HEWA?
Omni Health's Effective Interest Rate on Debt % of 0.00% can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Effective Interest Rate on Debt % depends on the Healthcare Providers & Services 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 Omni Health and its competitors. Omni Health'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 Omni Health stock overvalued right now?
Omni Health (OMHE) 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 Omni Health (OMHE), the current Effective Interest Rate on Debt % is 0.00% as of Jan. 2017. 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.

Omni Health Business Description

Address 400 W 41st Street, Suite 506, Miami Beach, FL, USA, 33140
Omni Health Inc is a vertically integrated healthcare company operating a pharmacy provider and focused on developing and distributing anti-aging products.