CVR Medical (STU:B3BN) Effective Interest Rate on Debt %: 10.06% (As of Sep. 2022)

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What is CVR Medical Effective Interest Rate on Debt %?

CVR Medical STU:B3BN Effective Interest Rate on Debt % is 10.06% as of Sep. 2022.

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. CVR Medical's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was €0.08 Mil. CVR Medical's average total debt for the quarter that ended in Sep. 2022 was €0.84 Mil. Therefore, CVR Medical's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 10.06%.


CVR Medical  (STU:B3BN) Effective Interest Rate on Debt % Explanation

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


CVR Medical Effective Interest Rate on Debt % Related Terms


CVR Medical Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for CVR Medical'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.

CVR Medical Effective Interest Rate on Debt % Chart

CVR Medical Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 560.00 110.26 19.06 10.89

CVR Medical 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 9.60 10.16 9.58 9.99 10.06

STU:B3BN vs NNMX, LHDXQ, VIVE: Effective Interest Rate on Debt % Comparison

For the Medical Devices subindustry, CVR Medical'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.


CVR Medical Effective Interest Rate on Debt % vs Medical Devices & Instruments Industry

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

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



CVR Medical Effective Interest Rate on Debt % Calculation

CVR Medical's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -0.065/( (0.509+0.685)/ 2 )
=-1  *  -0.065/0.597
=10.89 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.281 + 0.228
=0.509

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.242 + 0.443
=0.685

CVR Medical'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  *  -0.084/( (0.788+0.882)/ 2 )
=-1  *  -0.084/0.835
=10.06 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.25 + 0.538
=0.788

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.277 + 0.605
=0.882

* 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 10.06% mean?
CVR Medical (STU:B3BN) has a Effective Interest Rate on Debt % of 10.06% as of Sep. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on CVR Medical and its competitors.
Is CVR Medical's Effective Interest Rate on Debt % too high?
CVR Medical's current Effective Interest Rate on Debt % is 10.06%.
How does CVR Medical's Effective Interest Rate on Debt % compare to NNMX and LHDXQ?
CVR Medical's Effective Interest Rate on Debt % of 10.06% can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Effective Interest Rate on Debt % depends on the Medical Devices & Instruments 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 CVR Medical and its competitors. CVR Medical's current Effective Interest Rate on Debt % is 10.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVR Medical stock overvalued right now?
CVR Medical (STU:B3BN) has a current Effective Interest Rate on Debt % of 10.06%. The current Effective Interest Rate on Debt % is 10.06%. 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 CVR Medical (STU:B3BN), the current Effective Interest Rate on Debt % is 10.06% 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.

CVR Medical Business Description

Address 221 West Esplanade, c/o Suite 409, North Vancouver, Vancouver, BC, CAN, V7M 3J3
CVR Medical Corp is a medical device company. The company commercializing its Carotid Stenotic Scan (CSS), a patented, diagnostic tool that utilizes subsonic, infrasonic, and low-frequency sound wave analysis technology to detect and measure carotid arterial stenosis.