NewGenIvf Group (NewGenIvf Group) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2023)

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What is NewGenIvf Group 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. NewGenIvf Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $0.00 Mil. NewGenIvf Group's average total debt for the quarter that ended in Jun. 2023 was $0.40 Mil. Therefore, NewGenIvf Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 0.00%.

NewGenIvf Group Effective Interest Rate on Debt % Historical Data

The historical data trend for NewGenIvf Group'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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NewGenIvf Group Effective Interest Rate on Debt % Chart

NewGenIvf Group Annual Data

Trend

Dec21

Dec22

Effective Interest Rate on Debt %

9.50

11.32

NewGenIvf Group Quarterly Data
	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	-	-	-	-

Competitive Comparison of NewGenIvf Group's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, NewGenIvf Group'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.

NewGenIvf Group's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, NewGenIvf Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

NewGenIvf Group Effective Interest Rate on Debt % Calculation

NewGenIvf Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.078	/	( (0.926	+	0.452)	/ 2 )
=	-1 * -0.078	/	0.689
=	11.32 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.262	+	0.664
=	0.926

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.249	+	0.203
=	0.452

NewGenIvf Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * 0	/	( (0.452	+	0.353)	/ 2 )
=	-1 * 0	/	0.4025
=	0.00 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.249	+	0.203
=	0.452

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.157	+	0.196
=	0.353

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

NewGenIvf Group (NAS:NIVF) Effective Interest Rate on Debt % Explanation

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

NewGenIvf Group Effective Interest Rate on Debt % Related Terms

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NewGenIvf Group (NewGenIvf Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110

Website

https://www.newgenivf.com

NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.

NewGenIvf Group (NewGenIvf Group) Headlines

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