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Eltek ASA (OSL:ELT) Effective Interest Rate on Debt % : 12.77% (As of Dec. 2014)


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What is Eltek ASA 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. Eltek ASA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2014 was kr116 Mil. Eltek ASA's average total debt for the quarter that ended in Dec. 2014 was kr908 Mil. Therefore, Eltek ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 was 12.77%.


Eltek ASA Effective Interest Rate on Debt % Historical Data

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

Eltek ASA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 8.64 10.51 11.40 6.94

Eltek ASA Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 12.71 3.68 2.21 8.15 12.77

Competitive Comparison of Eltek ASA's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Eltek ASA'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.


Eltek ASA's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Eltek ASA Effective Interest Rate on Debt % Calculation

Eltek ASA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2013 )+Total Debt  (A: Dec. 2014 ))/ count )
=-1  *  -59.3/( (761.8+946.3)/ 2 )
=-1  *  -59.3/854.05
=6.94 %

where

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=654.8 + 107
=761.8

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=762.6 + 183.7
=946.3

Eltek ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2014 )+Total Debt  (Q: Dec. 2014 ))/ count )
=-1  *  -116/( (870+946.3)/ 2 )
=-1  *  -116/908.15
=12.77 %

where

Total Debt  (Q: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=762.6 + 183.7
=946.3

* 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. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Eltek ASA  (OSL:ELT) Effective Interest Rate on Debt % Explanation

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


Eltek ASA Effective Interest Rate on Debt % Related Terms

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Eltek ASA (OSL:ELT) Business Description

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Eltek Power Systems AS was incorporated on January 1, 1971. The Company is a supplier to the telecommunication industry. The Company develops, manufactures & markets power systems & solutions for mission critical applications within telecommunications & data centers, and for the power utilities, railway & metro, & marine & offshore industries.

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