TECX (Tectonic Therapeutic) Effective Interest Rate on Debt %: 0.53% (As of Jun. 2026)

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TECX Tectonic Therapeutic Inc TECX
14 GF Score
Price $33.98
! 3 Warning Signs
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What is Tectonic Therapeutic Effective Interest Rate on Debt %?

Tectonic Therapeutic TECX -7.84% 14 Effective Interest Rate on Debt % is 0.53% as of Jun. 2026. GuruFocus rates TECX with a GF Score™ of 14/100. The stock has 3 warning signs investors should review.

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. Tectonic Therapeutic's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was $0.02 Mil. Tectonic Therapeutic's average total debt for the quarter that ended in Jun. 2026 was $4.52 Mil. Therefore, Tectonic Therapeutic's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 0.53%.


Tectonic Therapeutic  (NAS:TECX) Effective Interest Rate on Debt % Explanation

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


Tectonic Therapeutic Effective Interest Rate on Debt % Related Terms


Tectonic Therapeutic Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Tectonic Therapeutic'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.

Tectonic Therapeutic Effective Interest Rate on Debt % Chart

Tectonic Therapeutic Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
42.18 4.21 3.00 2.80 2.75

Tectonic Therapeutic Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.97 3.52 3.82 1.08 0.53

TECX vs ZVRA, SPRY, RLMD: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Tectonic Therapeutic'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.


Tectonic Therapeutic Effective Interest Rate on Debt % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tectonic Therapeutic's Effective Interest Rate on Debt % distribution charts can be found below:

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


TECX
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Tectonic Therapeutic Inc TECX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tectonic Therapeutic Effective Interest Rate on Debt % Calculation

Tectonic Therapeutic's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.063/( (3.303+1.276)/ 2 )
=-1  *  -0.063/2.2895
=2.75 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.519 + 2.784
=3.303

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.043 + 1.233
=1.276

Tectonic Therapeutic's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -0.024/( (4.633+4.399)/ 2 )
=-1  *  -0.024/4.516
=0.53 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.202 + 1.431
=4.633

Total Debt  (Q: Jun. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.819 + 1.58
=4.399

* 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 (Jun. 2026) 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 0.53% mean?
Tectonic Therapeutic (TECX) has a Effective Interest Rate on Debt % of 0.53% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Tectonic Therapeutic and its competitors.
Is Tectonic Therapeutic's Effective Interest Rate on Debt % too high?
Tectonic Therapeutic's current Effective Interest Rate on Debt % is 0.53%. Overall, Tectonic Therapeutic has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tectonic Therapeutic's Effective Interest Rate on Debt % compare to ZVRA and SPRY?
Tectonic Therapeutic's Effective Interest Rate on Debt % of 0.53% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Effective Interest Rate on Debt % depends on the Biotechnology 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 Tectonic Therapeutic and its competitors. Tectonic Therapeutic's current Effective Interest Rate on Debt % is 0.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tectonic Therapeutic stock overvalued right now?
Tectonic Therapeutic (TECX) has a current Effective Interest Rate on Debt % of 0.53%. The current Effective Interest Rate on Debt % is 0.53%. Tectonic Therapeutic's overall GF Score™ is 14/100 with 3 warning signs to review. 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 Tectonic Therapeutic (TECX), the current Effective Interest Rate on Debt % is 0.53% as of Jun. 2026. 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.

Tectonic Therapeutic Business Description

Address 490 Arsenal Way, Suite 210, Watertown, MA, USA, 02472
Tectonic Therapeutic Inc is a biotechnology company focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of GPCRs. Its technology platform called GEODe, Tectonic is focused on developing biologic medicines that overcome the existing challenges of GPCR-targeted drug discovery to modify the course of disease. The company focuses on areas of important unmet medical need, often where therapeutic options are poor or nonexistent, and where new medicines have the potential to improve patient quality of life or extend duration of life. Pipeline includes TX000045, Group 2 PH, TX2100: GPCR Antagonist for Hereditary Hemorrhagic Telangiectasia (HHT), Fibrosis.
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