Stella Diagnostics (Stella Diagnostics) Effective Interest Rate on Debt % : 10.79% (As of Sep. 2023)

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What is Stella Diagnostics 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. Stella Diagnostics's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.16 Mil. Stella Diagnostics's average total debt for the quarter that ended in Sep. 2023 was $1.45 Mil. Therefore, Stella Diagnostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 10.79%.

Stella Diagnostics Effective Interest Rate on Debt % Historical Data

The historical data trend for Stella Diagnostics'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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Stella Diagnostics Effective Interest Rate on Debt % Chart

Stella Diagnostics Annual Data

Trend

Effective Interest Rate on Debt %

Stella Diagnostics Quarterly Data
	Sep22	Sep23
Effective Interest Rate on Debt %	-	10.79

Competitive Comparison of Stella Diagnostics's Effective Interest Rate on Debt %

For the Diagnostics & Research subindustry, Stella Diagnostics'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.

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

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

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

Stella Diagnostics Effective Interest Rate on Debt % Calculation

Stella Diagnostics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in . 20 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: . 20 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Stella Diagnostics's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -0.156	/	( (0	+	1.446)	/ 1 )
=	-1 * -0.156	/	1.446
=	10.79 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.798	+	0.648
=	1.446

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

Stella Diagnostics (OTCPK:SLDX) Effective Interest Rate on Debt % Explanation

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

Stella Diagnostics Effective Interest Rate on Debt % Related Terms

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Stella Diagnostics (Stella Diagnostics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Stella Diagnostics Inc (OTCPK:SLDX) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

50 West Broadway, Suite 300, Salt Lake City, UT, USA, 84104

Website

https://www.stelladx.com

Stella Diagnostics Inc is a molecular diagnostics-based organization focused on improving patient management strategies for people living with severe esophageal disease. It is developing first-line diagnostic tools that provide superior molecular information for providers as compared to the current standard screening protocols.