SZLSF (StageZero Life Sciences) Effective Interest Rate on Debt %: 8.93% (As of Sep. 2024)


SZLSF StageZero Life Sciences Ltd SZLSF
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What is StageZero Life Sciences Effective Interest Rate on Debt %?

StageZero Life Sciences SZLSF 10 Effective Interest Rate on Debt % is 8.93% as of Sep. 2024. GuruFocus rates SZLSF 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. StageZero Life Sciences's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.19 Mil. StageZero Life Sciences's average total debt for the quarter that ended in Sep. 2024 was $2.11 Mil. Therefore, StageZero Life Sciences's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 8.93%.


StageZero Life Sciences  (OTCPK:SZLSF) Effective Interest Rate on Debt % Explanation

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


StageZero Life Sciences Effective Interest Rate on Debt % Related Terms


StageZero Life Sciences Effective Interest Rate on Debt % Historical Data

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The historical data trend for StageZero Life Sciences'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.

StageZero Life Sciences Effective Interest Rate on Debt % Chart

StageZero Life Sciences Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.02 24.85 10.61 8.12 13.88

StageZero Life Sciences Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 22.92 7.61 10.49 11.02 8.93

SZLSF vs IDTA, TTOO, NSTM: Effective Interest Rate on Debt % Comparison

For the Diagnostics & Research subindustry, StageZero Life Sciences'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.


StageZero Life Sciences Effective Interest Rate on Debt % vs Medical Diagnostics & Research Industry

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

* The bar in red indicates where StageZero Life Sciences's Effective Interest Rate on Debt % falls into.


SZLSF
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StageZero Life Sciences Ltd SZLSF
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StageZero Life Sciences Effective Interest Rate on Debt % Calculation

StageZero Life Sciences's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.219/( (1.356+1.8)/ 2 )
=-1  *  -0.219/1.578
=13.88 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.776 + 0.58
=1.356

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.576 + 1.224
=1.8

StageZero Life Sciences's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.188/( (2.079+2.133)/ 2 )
=-1  *  -0.188/2.106
=8.93 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.983 + 1.096
=2.079

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.002 + 1.131
=2.133

* 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. 2024) 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 8.93% mean?
StageZero Life Sciences (SZLSF) has a Effective Interest Rate on Debt % of 8.93% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on StageZero Life Sciences and its competitors.
Is StageZero Life Sciences' Effective Interest Rate on Debt % too high?
StageZero Life Sciences' current Effective Interest Rate on Debt % is 8.93%. Overall, StageZero Life Sciences has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does StageZero Life Sciences' Effective Interest Rate on Debt % compare to IDTA and TTOO?
StageZero Life Sciences' Effective Interest Rate on Debt % of 8.93% can be compared against companies in the Medical Diagnostics & Research 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 Diagnostics & Research company?
A good Effective Interest Rate on Debt % depends on the Medical Diagnostics & Research 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 StageZero Life Sciences and its competitors. StageZero Life Sciences's current Effective Interest Rate on Debt % is 8.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StageZero Life Sciences stock overvalued right now?
StageZero Life Sciences (SZLSF) has a current Effective Interest Rate on Debt % of 8.93%. The current Effective Interest Rate on Debt % is 8.93%. StageZero Life Sciences' 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 StageZero Life Sciences (SZLSF), the current Effective Interest Rate on Debt % is 8.93% as of Sep. 2024. 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.

StageZero Life Sciences Business Description

Address 70 East Beaver Creek Road, Unit 30, Richmond Hill, ON, CAN, L4B 3B2
StageZero Life Sciences Ltd is a vertically integrated healthcare company at the nexus of three sectors of healthcare; Early Cancer Detection, Liquid Biopsy, and Global Telehealth. It is focused on minimizing the risk of cancer and other chronic diseases through early detection and intervention. It continues to develop and commercialize proprietary molecular diagnostic tests for the early detection of diseases and personalized health management, with a focus on cancer-related indications. It has developed a proprietary platform technology, the Sentinel Principle, to identify novel biomarkers from whole blood. The Company's lead product, Aristotle, is a blood-based molecular diagnostic assessment that can detect an individual's current risk for potentially having a variety of cancers.
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