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Trio-Tech International (Trio-Tech International) Effective Interest Rate on Debt % : 2.15% (As of Dec. 2023)


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What is Trio-Tech International 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. Trio-Tech International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.09 Mil. Trio-Tech International's average total debt for the quarter that ended in Dec. 2023 was $4.09 Mil. Therefore, Trio-Tech International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.15%.


Trio-Tech International Effective Interest Rate on Debt % Historical Data

The historical data trend for Trio-Tech International'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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Trio-Tech International Effective Interest Rate on Debt % Chart

Trio-Tech International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.67 5.90 2.94 2.32 2.06

Trio-Tech International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 2.49 1.96 2.31 2.15

Competitive Comparison of Trio-Tech International's Effective Interest Rate on Debt %

For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.


Trio-Tech International's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Trio-Tech International's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Trio-Tech International's Effective Interest Rate on Debt % falls into.



Trio-Tech International Effective Interest Rate on Debt % Calculation

Trio-Tech International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.105/( (6.062+4.11)/ 2 )
=-1  *  -0.105/5.086
=2.06 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.325 + 2.737
=6.062

Trio-Tech International'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  *  -0.088/( (4.212+3.976)/ 2 )
=-1  *  -0.088/4.094
=2.15 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.205 + 2.007
=4.212

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.017 + 1.959
=3.976

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


Trio-Tech International  (AMEX:TRT) Effective Interest Rate on Debt % Explanation

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


Trio-Tech International Effective Interest Rate on Debt % Related Terms

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Trio-Tech International (Trio-Tech International) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Unit 03-09, Block 1008, Toa Payoh North, Singapore, SGP, 318996
Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.
Executives
Jason T Adelman director 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Anitha Srinivasan officer: CFO 103 HILLVIEW RISE, #09-18, SINGAPORE U0 667982
Ting Victor Hock Ming director 770 BEDOK RESERVOIR ROAD, #01-03, SINGAPORE U0 479250
S W Yong director, 10 percent owner, officer: Chief Executive Officer 7 PANDAN VALLEY, 16-502 POINCIANA TOWER, SINGAPORE U0 597631
Richard M Horowitz director 9301 WILSHIRE BOULEVARD #206, BEVERLY HILLS CA 90210
Kuan Soon Siew officer: Vice President 126 BUKIT MERAH VIEW, #18-374 U0 151126
Hwee Poh Lim officer: Vice President - Testing 39 WARINGIN WALK, SINGAPORE U0 416292
A Charles Wilson director 623 NORTH PALM DRIVE, BEVERLY HILLS CA 90210
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

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