Gilattellite Networks (Gilattellite Networks) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Gilattellite Networks 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. Gilattellite Networks's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. Gilattellite Networks's average total debt for the quarter that ended in Dec. 2023 was $9.2 Mil. Therefore, Gilattellite Networks's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.

Gilattellite Networks Effective Interest Rate on Debt % Historical Data

The historical data trend for Gilattellite Networks'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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Gilattellite Networks Effective Interest Rate on Debt % Chart

Gilattellite Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.05

1.75

22.99

44.86

2.48

Gilattellite Networks 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															-286.31	16.10	69.92	42.27	-

Competitive Comparison of Gilattellite Networks's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Gilattellite Networks'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.

Gilattellite Networks's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

Gilattellite Networks Effective Interest Rate on Debt % Calculation

Gilattellite Networks'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 * -0.232	/	( (3.831	+	14.901)	/ 2 )
=	-1 * -0.232	/	9.366
=	2.48 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.89	+	1.941
=	3.831

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.022	+	9.879
=	14.901

Gilattellite Networks'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 * 0	/	( (3.531	+	14.901)	/ 2 )
=	-1 * 0	/	9.216
=	0.00 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.403	+	2.128
=	3.531

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.022	+	9.879
=	14.901

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.

Gilattellite Networks (NAS:GILT) Effective Interest Rate on Debt % Explanation

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

Gilattellite Networks Effective Interest Rate on Debt % Related Terms

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Gilattellite Networks (Gilattellite Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gilat Satellite Networks Ltd (NAS:GILT) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

GILT:Israel GSA:Germany

Address

21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020

Website

https://www.gilat.com

Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.