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Arteris (Arteris) Effective Interest Rate on Debt % : 4.05% (As of Mar. 2024)


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What is Arteris 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. Arteris's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.30 Mil. Arteris's average total debt for the quarter that ended in Mar. 2024 was $7.51 Mil. Therefore, Arteris's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.05%.


Arteris Effective Interest Rate on Debt % Historical Data

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

Arteris Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
7.54 1.16 13.33 2.36 3.71

Arteris Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.65 2.63 6.53 4.85 4.05

Competitive Comparison of Arteris's Effective Interest Rate on Debt %

For the Semiconductors subindustry, Arteris'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.


Arteris's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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



Arteris Effective Interest Rate on Debt % Calculation

Arteris'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  *  -0.211/( (3.62+7.753)/ 2 )
=-1  *  -0.211/5.6865
=3.71 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.457 + 2.163
=3.62

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.902 + 2.851
=7.753

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -0.304/( (7.753+7.272)/ 2 )
=-1  *  -0.304/7.5125
=4.05 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.902 + 2.851
=7.753

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.427 + 2.845
=7.272

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Arteris  (NAS:AIP) Effective Interest Rate on Debt % Explanation

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


Arteris Effective Interest Rate on Debt % Related Terms

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Arteris (Arteris) Business Description

Industry
Traded in Other Exchanges
N/A
Address
595 Millich Drive, Suite 200, Campbell, CA, USA, 95008
Arteris Inc is a developer of on-chip interconnect fabric technology designed for a variety of devices and in the development and distribution of Network-on-Chip (NoC) interconnect intellectual property (IP). The company's technology is used in System-on-Chip (SoC) and provides software and services to automate SoC integration, enabling users to efficiently deploy NoC IP, and offer IP support, maintenance services, professional services, and training and on-site support services.
Executives
Nicholas B. Hawkins officer: VP and Chief Financial Officer CORSAIR COMPONENTS INC., 46221 LANDING PARKWAY, FREMONT CA 94538
K Charles Janac director, 10 percent owner, officer: President and CEO C/O SMART MACHINES INC, 651 RIVER OAKS PARKWAY, SAN HOSE CA 95135
Laurent R Moll officer: Chief Operating Officer C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Paul L Alpern officer: VP and General Counsel C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Wayne C Cantwell director C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Antonio J Viana director C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Claudia F. Munce director 7601 PENN AVENUE S., RICHFIELD MN 55423
Saiyed Atiq Raza director
Isabelle F Geday director C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Capital F Ventech 10 percent owner 47 AVENUE DE L'OPERA, PARIS I0 75002
Arteris Ip, Llc 10 percent owner 591 W. HAMILTON AVE, SUITE 250, CAMPBELL CA 95008
Christian Claussen director, 10 percent owner C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008