MPower Group (ASX:MPR) Effective Interest Rate on Debt % : 6.11% (As of Dec. 2023)

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What is MPower 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. MPower Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$1.06 Mil. MPower Group's average total debt for the quarter that ended in Dec. 2023 was A$17.34 Mil. Therefore, MPower Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.11%.

MPower Group Effective Interest Rate on Debt % Historical Data

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

MPower Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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6.75

3.27

7.33

7.28

9.28

MPower Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.39	6.31	11.53	5.23	6.11

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

For the Solar subindustry, MPower 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.

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

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

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

MPower Group Effective Interest Rate on Debt % Calculation

MPower Group'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 * -0.959	/	( (6.127	+	14.548)	/ 2 )
=	-1 * -0.959	/	10.3375
=	9.28 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.716	+	5.411
=	6.127

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.268	+	6.28
=	14.548

MPower Group'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1.06	/	( (14.548	+	20.137)	/ 2 )
=	-1 * -1.06	/	17.3425
=	6.11 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.268	+	6.28
=	14.548

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.019	+	3.118
=	20.137

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

MPower Group (ASX:MPR) Effective Interest Rate on Debt % Explanation

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

MPower Group Effective Interest Rate on Debt % Related Terms

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MPower Group (ASX:MPR) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MPower Group Ltd (ASX:MPR) » Definitions » Effective Interest Rate on Debt %

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Address

15 Bourke Road, Level 4, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.mpower.com.au

MPower Group Ltd is a technology company. The company is a specialist renewable energy and battery storage developer and owner. It specializes in the delivery of on-grid and off-grid power solutions and products for blue-chip customers. The company's operating segment includes Energy services and energy investments. It generates maximum revenue from the energy services segment. Geographically, it derives its revenue from Australia. The company's projects include Solar Farms, Battery Energy Storage Systems, Hybrid Power Systems, and Backup Power Systems.

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