Vytrus Biotech (XMAD:VYT) Effective Interest Rate on Debt % : 4.81% (As of Jun. 2024)

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What is Vytrus Biotech 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. Vytrus Biotech's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €0.13 Mil. Vytrus Biotech's average total debt for the quarter that ended in Jun. 2024 was €2.79 Mil. Therefore, Vytrus Biotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.81%.

Vytrus Biotech Effective Interest Rate on Debt % Historical Data

The historical data trend for Vytrus Biotech'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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Vytrus Biotech Effective Interest Rate on Debt % Chart

Vytrus Biotech Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.63

7.49

6.14

9.66

5.78

Vytrus Biotech Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					14.14	5.60	7.91	4.62	4.81

Competitive Comparison of Vytrus Biotech's Effective Interest Rate on Debt %

For the Biotechnology subindustry, Vytrus Biotech'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.

Vytrus Biotech's Effective Interest Rate on Debt % Distribution in the Biotechnology Industry

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

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

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Vytrus Biotech Effective Interest Rate on Debt % Calculation

Vytrus Biotech'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 * -0.141	/	( (2.025	+	2.853)	/ 2 )
=	-1 * -0.141	/	2.439
=	5.78 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.288	+	0.737
=	2.025

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.367	+	0.486
=	2.853

Vytrus Biotech's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -0.134	/	( (2.853	+	2.717)	/ 2 )
=	-1 * -0.134	/	2.785
=	4.81 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.367	+	0.486
=	2.853

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.168	+	0.549
=	2.717

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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Vytrus Biotech (XMAD:VYT) Effective Interest Rate on Debt % Explanation

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

Vytrus Biotech Effective Interest Rate on Debt % Related Terms

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Vytrus Biotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vytrus Biotech SA (XMAD:VYT) » Definitions » Effective Interest Rate on Debt %

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Address

Sant Gaieta 121, 2nd, Terrassa, Barcelona, ESP, 08221

Website

https://www.vytrus.com

Vytrus Biotech SA develops natural active ingredients on an industrial scale. The natural actives offered by the company include Nectaria Lithops, Olea Vitae, Turmeric zen, Capilia Longa, Qura Noni.

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