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TFBS Bioscience (ROCO:6939) Effective Interest Rate on Debt % : 0.97% (As of Jun. 2024)


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What is TFBS Bioscience 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. TFBS Bioscience's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was NT$1.2 Mil. TFBS Bioscience's average total debt for the quarter that ended in Jun. 2024 was NT$124.8 Mil. Therefore, TFBS Bioscience's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.97%.

TFBS Bioscience Effective Interest Rate on Debt % Historical Data

The historical data trend for TFBS Bioscience'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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TFBS Bioscience Effective Interest Rate on Debt % Chart

TFBS Bioscience Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
1.81 1.49 1.76 0.65

TFBS Bioscience Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 2.40 1.50 1.43 0.66 0.97

Competitive Comparison of TFBS Bioscience's Effective Interest Rate on Debt %

For the Diagnostics & Research subindustry, TFBS Bioscience'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.

TFBS Bioscience's Effective Interest Rate on Debt % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, TFBS Bioscience's Effective Interest Rate on Debt % distribution charts can be found below:

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


TFBS Bioscience Effective Interest Rate on Debt % Calculation

TFBS Bioscience'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  *  -0.602/( (52.192+131.772)/ 2 )
=-1  *  -0.602/91.982
=0.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=22.373 + 29.819
=52.192

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=101.843 + 29.929
=131.772

TFBS Bioscience's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -1.208/( (131.772+117.763)/ 2 )
=-1  *  -1.208/124.7675
=0.97 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=101.843 + 29.929
=131.772

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=87.393 + 30.37
=117.763

* 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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

TFBS Bioscience  (ROCO:6939) Effective Interest Rate on Debt % Explanation

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

TFBS Bioscience Effective Interest Rate on Debt % Related Terms

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TFBS Bioscience Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » TFBS Bioscience Inc (ROCO:6939) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
ROCO:6615 ROCO:7595 ROCO:6847 ROCO:6661 TPE:6645 ROCO:4160 ROCO:4153 ROCO:1784 TMO DHR XSWX:LONN A IQV IDXX MTD WAT SHSE:603259 ILMN NTRA LH
Traded in Other Exchanges
N/A
Address
No. 103, Lane 169, Kang-ning Street, 3rd Floor, Xizhi District, New Taipei, TWN
Website
https://www.tfbsbio.com
TFBS Bioscience Inc is a Contract Research Organization (CRO) providing biological testing in Taiwan. Its services include viral vector manufacturing for cell and gene therapy products and biosafety testing and product release testing for cell and gene therapy products, vaccines, and biologic products.

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