Advanced Energy Industries (Advanced Energy Industries) Effective Interest Rate on Debt % : 2.81% (As of Dec. 2023)

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What is Advanced Energy Industries 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. Advanced Energy Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $29 Mil. Advanced Energy Industries's average total debt for the quarter that ended in Dec. 2023 was $1,025 Mil. Therefore, Advanced Energy Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.81%.

Advanced Energy Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Advanced Energy Industries'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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Advanced Energy Industries Effective Interest Rate on Debt % Chart

Advanced Energy Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.76

1.48

2.20

Advanced Energy Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	2.81

Competitive Comparison of Advanced Energy Industries's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.

Advanced Energy Industries's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advanced Energy Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Advanced Energy Industries's Effective Interest Rate on Debt % falls into.

Advanced Energy Industries Effective Interest Rate on Debt % Calculation

Advanced Energy Industries'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 * -16.566	/	( (484.493	+	1022.753)	/ 2 )
=	-1 * -16.566	/	753.623
=	2.20 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	447.722	+	36.771
=	484.493

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	985.009	+	37.744
=	1022.753

Advanced Energy Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -28.792	/	( (1027.114	+	1022.753)	/ 2 )
=	-1 * -28.792	/	1024.9335
=	2.81 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	989.637	+	37.477
=	1027.114

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	985.009	+	37.744
=	1022.753

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

Advanced Energy Industries (NAS:AEIS) Effective Interest Rate on Debt % Explanation

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

Advanced Energy Industries Effective Interest Rate on Debt % Related Terms

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Advanced Energy Industries (Advanced Energy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Energy Industries Inc (NAS:AEIS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AVX:Germany

Address

1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202

Website

https://www.advancedenergy.com

Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.

Executives

Anne Delsanto	director	1133 INNOVATION WAY, SUNNYVALE CA 94089
Ronald C Foster	director	8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Paul R Oldham	officer: EVP, CFO	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Lanesha Minnix	director	TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tina Donikowski	director	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John Donaghey	officer: EVP, Global Sales	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Brian Shirley	director	8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Elizabeth Karpinski Vonne	officer: EVP, General Counsel	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Eduardo Bernal Acebedo	officer: EVP and COO	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Reed David	director	6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Stephen Douglas Kelley	officer: President and CEO	1900 S. PRICE ROAD, CHANDLER AZ 85286
Yuval Wasserman	officer: EVP, Sales, Service & Mktg	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Dana Edward Huth	officer: CHIEF REVENUE OFFICER	1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Thomas O Mcgimpsey	officer: EVP Gen Counsel & Corp Sec	380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Neil David Brinker	officer: EVP, COO	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525