Beyond Air (STU:48L) Effective Interest Rate on Debt % : 30.22% (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Beyond Air 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. Beyond Air's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was €2.10 Mil. Beyond Air's average total debt for the quarter that ended in Dec. 2024 was €6.94 Mil. Therefore, Beyond Air's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 30.22%.

Beyond Air Effective Interest Rate on Debt % Historical Data

The historical data trend for Beyond Air'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.

* Premium members only.

Beyond Air Effective Interest Rate on Debt % Chart

Beyond Air Annual Data

Trend

Jun15

Jun16

Dec17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.21

10.53

15.67

0.86

27.11

Beyond Air Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															21.57	21.22	21.82	23.52	30.22

Competitive Comparison of Beyond Air's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Beyond Air'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.

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

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

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

Save Embed

;

Save Embed

;

Beyond Air Effective Interest Rate on Debt % Calculation

Beyond Air's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -2.679	/	( (3.355	+	16.41)	/ 2 )
=	-1 * -2.679	/	9.8825
=	27.11 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.28	+	1.075
=	3.355

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.289	+	1.121
=	16.41

Beyond Air's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -2.096	/	( (11.956	+	1.917)	/ 2 )
=	-1 * -2.096	/	6.9365
=	30.22 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.38	+	0.576
=	11.956

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.496	+	0.421
=	1.917

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Beyond Air (STU:48L) Effective Interest Rate on Debt % Explanation

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

Beyond Air Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Beyond Air's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Beyond Air Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beyond Air Inc (STU:48L) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

XAIR:USA 48L:Germany

Address

900 Stewart Avenue, Suite 301, Garden City, New York, NY, USA, 11530

Website

https://www.beyondair.net

Beyond Air Inc is a commercial-stage medical device and biopharmaceutical company that develops a Nitric Oxide (NO) Generator and Delivery System that uses NO generated from ambient air and delivers precise amounts of NO to the lungs for the potential treatment of respiratory and other diseases. The firm is applying its therapeutic expertise to develop treatments for pulmonary hypertension, in addition to treatments for lower respiratory tract infections.

Beyond Air Headlines

No Headlines