RQHTF (Reliq Health Technologies) Effective Interest Rate on Debt %: 7.03% (As of Sep. 2022)


RQHTF Reliq Health Technologies Inc RQHTF
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What is Reliq Health Technologies Effective Interest Rate on Debt %?

Reliq Health Technologies RQHTF -99.99% 10 Effective Interest Rate on Debt % is 7.03% as of Sep. 2022. GuruFocus rates RQHTF with a GF Score™ of 10/100.

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. Reliq Health Technologies's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.02 Mil. Reliq Health Technologies's average total debt for the quarter that ended in Sep. 2022 was $0.23 Mil. Therefore, Reliq Health Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 7.03%.


Reliq Health Technologies  (OTCPK:RQHTF) Effective Interest Rate on Debt % Explanation

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


Reliq Health Technologies Effective Interest Rate on Debt % Related Terms


Reliq Health Technologies Effective Interest Rate on Debt % Historical Data

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The historical data trend for Reliq Health Technologies'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.

Reliq Health Technologies Effective Interest Rate on Debt % Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.96 11.38 9.51

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 10.22 9.74 8.92 9.62 7.03

RQHTF vs VEEV, GEHC, RCM: Effective Interest Rate on Debt % Comparison

For the Health Information Services subindustry, Reliq Health Technologies'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.


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

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

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


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Reliq Health Technologies Effective Interest Rate on Debt % Calculation

Reliq Health Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2021 )+Total Debt  (A: Jun. 2022 ))/ count )
=-1  *  -0.027/( (0.329+0.239)/ 2 )
=-1  *  -0.027/0.284
=9.51 %

where

Total Debt  (A: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.181 + 0.148
=0.329

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.144 + 0.095
=0.239

Reliq Health Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Sep. 2022 ))/ count )
=-1  *  -0.016/( (0.239+0.216)/ 2 )
=-1  *  -0.016/0.2275
=7.03 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.144 + 0.095
=0.239

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.109 + 0.107
=0.216

* 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 (Sep. 2022) 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 7.03% mean?
Reliq Health Technologies (RQHTF) has a Effective Interest Rate on Debt % of 7.03% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Reliq Health Technologies and its competitors.
Is Reliq Health Technologies' Effective Interest Rate on Debt % too high?
Reliq Health Technologies' current Effective Interest Rate on Debt % is 7.03%. Overall, Reliq Health Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Reliq Health Technologies' Effective Interest Rate on Debt % compare to VEEV and GEHC?
Reliq Health Technologies' Effective Interest Rate on Debt % of 7.03% 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 Reliq Health Technologies and its competitors. Reliq Health Technologies's current Effective Interest Rate on Debt % is 7.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliq Health Technologies stock overvalued right now?
Reliq Health Technologies (RQHTF) has a current Effective Interest Rate on Debt % of 7.03%. The current Effective Interest Rate on Debt % is 7.03%. Reliq Health Technologies' overall GF Score™ is 10/100. 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 Reliq Health Technologies (RQHTF), the current Effective Interest Rate on Debt % is 7.03% as of Sep. 2022. 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.

Reliq Health Technologies Business Description

Address 175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. The company's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery.
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