Quantum Healthcare (Quantum Healthcare) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Quantum Healthcare Effective Interest Rate on Debt %?

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. Quantum Healthcare's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.00 Mil. Quantum Healthcare's average total debt for the quarter that ended in Dec. 2023 was $4.95 Mil. Therefore, Quantum Healthcare's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Quantum Healthcare Effective Interest Rate on Debt % Historical Data

The historical data trend for Quantum Healthcare'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.

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Quantum Healthcare Effective Interest Rate on Debt % Chart

Quantum Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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12.35

20.06

2.82

10.50

7.03

Quantum Healthcare Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-23.86	-	-	-	-

Competitive Comparison of Quantum Healthcare's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Quantum Healthcare'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.

Quantum Healthcare's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

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

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

Quantum Healthcare Effective Interest Rate on Debt % Calculation

Quantum Healthcare's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.368	/	( (5.589	+	4.885)	/ 2 )
=	-1 * -0.368	/	5.237
=	7.03 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.061	+	1.528
=	5.589

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.76	+	2.125
=	4.885

Quantum Healthcare's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * 0	/	( (5.017	+	4.885)	/ 2 )
=	-1 * 0	/	4.951
=	0.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.313	+	1.704
=	5.017

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.76	+	2.125
=	4.885

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Quantum Healthcare (OTCPK:QTHLF) Effective Interest Rate on Debt % Explanation

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

Quantum Healthcare Effective Interest Rate on Debt % Related Terms

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Quantum Healthcare (Quantum Healthcare) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Quantum Healthcare Ltd (OTCPK:QTHLF) » Definitions » Effective Interest Rate on Debt %

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V8Y:Singapore

Address

8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.quantumhealthcare.com.sg

Quantum Healthcare Ltd formerly QT Vascular Ltd engages in the development and distribution of therapeutic solutions for the treatment of vascular diseases. It designs, assembles, and distributes therapeutic solutions for the minimally invasive treatment of complex vascular diseases. Healthcare Business also includes the provision of dental services, and operations management and consultancy services, Medical Equipment Business includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.

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