TTRX (Turn Therapeutics) Effective Interest Rate on Debt %: 62.83% (As of Mar. 2026)

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TTRX Turn Therapeutics Inc TTRX
11 GF Score
Price $8.20
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What is Turn Therapeutics Effective Interest Rate on Debt %?

Turn Therapeutics TTRX +10.89% 11 Effective Interest Rate on Debt % is 62.83% as of Mar. 2026. GuruFocus rates TTRX with a GF Score™ of 11/100.

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. Turn Therapeutics's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $1.91 Mil. Turn Therapeutics's average total debt for the quarter that ended in Mar. 2026 was $3.04 Mil. Therefore, Turn Therapeutics's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 62.83%.


Turn Therapeutics  (NAS:TTRX) Effective Interest Rate on Debt % Explanation

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


Turn Therapeutics Effective Interest Rate on Debt % Related Terms


Turn Therapeutics Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Turn Therapeutics'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.

Turn Therapeutics Effective Interest Rate on Debt % Chart

Turn Therapeutics Annual Data
Trend Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
0.00 0.00 494.53

Turn Therapeutics Quarterly Data
Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 2,325.15 62.83

TTRX vs IRD, VRXA, IFRX: Effective Interest Rate on Debt % Comparison

For the Biotechnology subindustry, Turn Therapeutics'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.


Turn Therapeutics Effective Interest Rate on Debt % vs Biotechnology Industry

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

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


TTRX
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Turn Therapeutics Inc TTRX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Turn Therapeutics Effective Interest Rate on Debt % Calculation

Turn Therapeutics'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  *  -0.497/( (0.121+0.08)/ 2 )
=-1  *  -0.497/0.1005
=494.53 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.08 + 0.041
=0.121

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.034 + 0.046
=0.08

Turn Therapeutics's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -1.912/( (0.08+6.006)/ 2 )
=-1  *  -1.912/3.043
=62.83 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.034 + 0.046
=0.08

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.958 + 0.048
=6.006

* 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 (Mar. 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 62.83% mean?
Turn Therapeutics (TTRX) has a Effective Interest Rate on Debt % of 62.83% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Turn Therapeutics and its competitors.
Is Turn Therapeutics' Effective Interest Rate on Debt % too high?
Turn Therapeutics' current Effective Interest Rate on Debt % is 62.83%. Overall, Turn Therapeutics has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Turn Therapeutics' Effective Interest Rate on Debt % compare to IRD and VRXA?
Turn Therapeutics' Effective Interest Rate on Debt % of 62.83% 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 Turn Therapeutics and its competitors. Turn Therapeutics's current Effective Interest Rate on Debt % is 62.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turn Therapeutics stock overvalued right now?
Turn Therapeutics (TTRX) has a current Effective Interest Rate on Debt % of 62.83%. The current Effective Interest Rate on Debt % is 62.83%. Turn Therapeutics' overall GF Score™ is 11/100. 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 Turn Therapeutics (TTRX), the current Effective Interest Rate on Debt % is 62.83% as of Mar. 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.

Turn Therapeutics Business Description

Address 250 North Westlake Boulevard, Suite 210, Westlake Village, CA, USA, 91362
Turn Therapeutics Inc is a clinical-stage biotechnology and medical device development company built around its proprietary platform technology called PermaFusion designed to enhance drug performance. The company is developing non-systemic, non-biologic topical immunomodulators for inflammatory skin disease. Its program, GX-03, is being studied for moderate-to-severe eczema based on preclinical evidence of cytokine inhibition and reduced eczema severity, as well as a favorable real-world tolerability record from prior cleared medical device indications for the same formula. GX-03 is currently being evaluated in an ongoing, randomized, double-blind, vehicle-controlled clinical study designed to assess its potential as a topical treatment for moderate-to-severe eczema.
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