Cosciens Biopharma (TSX:CSCI) Effective Interest Rate on Debt % : 5.33% (As of Sep. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Cosciens Biopharma 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. Cosciens Biopharma's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was C$0.12 Mil. Cosciens Biopharma's average total debt for the quarter that ended in Sep. 2024 was C$2.25 Mil. Therefore, Cosciens Biopharma's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 5.33%.

Cosciens Biopharma Effective Interest Rate on Debt % Historical Data

The historical data trend for Cosciens Biopharma'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.

Cosciens Biopharma Effective Interest Rate on Debt % Chart

Cosciens Biopharma Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

10.30

5.56

5.39

4.92

5.31

Cosciens Biopharma Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.19	-3.65	5.42	5.37	5.33

Competitive Comparison of Cosciens Biopharma's Effective Interest Rate on Debt %

For the Biotechnology subindustry, Cosciens Biopharma'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.

Cosciens Biopharma's Effective Interest Rate on Debt % Distribution in the Biotechnology Industry

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

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

Cosciens Biopharma Effective Interest Rate on Debt % Calculation

Cosciens Biopharma's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.13	/	( (2.622	+	2.274)	/ 2 )
=	-1 * -0.13	/	2.448
=	5.31 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.251	+	0.371
=	2.622

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.873	+	0.401
=	2.274

Cosciens Biopharma'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 * -0.12	/	( (2.312	+	2.189)	/ 2 )
=	-1 * -0.12	/	2.2505
=	5.33 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.754	+	0.558
=	2.312

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.64	+	0.549
=	2.189

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.

Cosciens Biopharma (TSX:CSCI) Effective Interest Rate on Debt % Explanation

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

Cosciens Biopharma Effective Interest Rate on Debt % Related Terms

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

Cosciens Biopharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Cosciens Biopharma Inc (TSX:CSCI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CSCI:USA 0UGB:UK ET8:Germany ET8:Germany

Address

c/o Norton Rose Fulbright Canada LLP, 222 Bay Street, Suite 3000, Toronto, ON, CAN, M5K 1E7

Website

https://www.zentaris.com

Cosciens Biopharma Inc is a biopharmaceutical company developing and commercializing a diversified portfolio of pharmaceutical and diagnostic products and active ingredients for healthcare and cosmetics industries. The company is engaged in the development of therapeutic assets and proprietary extraction technology.

Executives