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Nanalysis Scientific (TSXV:NSCI) Effective Interest Rate on Debt % : 6.51% (As of Dec. 2024)


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What is Nanalysis Scientific 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. Nanalysis Scientific's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was C$1.17 Mil. Nanalysis Scientific's average total debt for the quarter that ended in Dec. 2024 was C$18.00 Mil. Therefore, Nanalysis Scientific's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.51%.


Nanalysis Scientific Effective Interest Rate on Debt % Historical Data

The historical data trend for Nanalysis Scientific'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.

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Nanalysis Scientific Effective Interest Rate on Debt % Chart

Nanalysis Scientific Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - - 0.91 1.74 6.67

Nanalysis Scientific 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 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 0.86 7.08 8.07 7.80 6.51

Competitive Comparison of Nanalysis Scientific's Effective Interest Rate on Debt %

For the Scientific & Technical Instruments subindustry, Nanalysis Scientific'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.


Nanalysis Scientific's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanalysis Scientific's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Nanalysis Scientific Effective Interest Rate on Debt % Calculation

Nanalysis Scientific's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -1.345/( (21.968+18.361)/ 2 )
=-1  *  -1.345/20.1645
=6.67 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.682 + 7.286
=21.968

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.52 + 6.841
=18.361

Nanalysis Scientific'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  *  -1.172/( (17.644+18.361)/ 2 )
=-1  *  -1.172/18.0025
=6.51 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.571 + 5.073
=17.644

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.52 + 6.841
=18.361

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


Nanalysis Scientific  (TSXV:NSCI) Effective Interest Rate on Debt % Explanation

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


Nanalysis Scientific Effective Interest Rate on Debt % Related Terms

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Nanalysis Scientific Business Description

Industry
Traded in Other Exchanges
Address
Bay 105, 90 Freeport Boulevard NE, Calgary, AB, CAN, T3J 5J9
Nanalysis Scientific Corp designs, manufactures and sells a range of nuclear magnetic resonance (NMR) technologies that go into a range of NMR spectrometers and magnetic resonance imaging (MRI) equipment. The company's original product, the 60 MHz MR spectrometer, was the first full-featured benchtop NMR spectrometer available on the market. The Company's activities are carried out through three operating segments, within which are two reportable segments which include Scientific Equipment which includes sales of proprietary and third-party products and Security Services involves maintenance and installation of security equipment. Geographic segments of the group are the U.S., Europe, Canada, Asia, and Other regions.
Executives
Michal Okoniewski Director
Werner Gartner Director
Martin Andrew Burian Director
Sean Edward Krakiwsky Director, Senior Officer
Guido Cloetens Director
Luke Caplette Senior Officer
Julien Muller Senior Officer
Garett Leskowitz Senior Officer
Mohamed Abousalem Director

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