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eMagin (eMagin) Effective Interest Rate on Debt % : 5.88% (As of Jun. 2023)


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What is eMagin 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. eMagin's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $1.02 Mil. eMagin's average total debt for the quarter that ended in Jun. 2023 was $17.29 Mil. Therefore, eMagin's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 5.88%.


eMagin Effective Interest Rate on Debt % Historical Data

The historical data trend for eMagin'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.

* Premium members only.

eMagin Effective Interest Rate on Debt % Chart

eMagin Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 2.97 1.12 5.39 6.25

eMagin Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 6.14 6.51 6.97 5.39 5.88

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

For the Electronic Components subindustry, eMagin'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.


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

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

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



eMagin Effective Interest Rate on Debt % Calculation

eMagin's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.963/( (14.868+15.928)/ 2 )
=-1  *  -0.963/15.398
=6.25 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.701 + 3.167
=14.868

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.608 + 2.32
=15.928

eMagin's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -1.016/( (14.812+19.768)/ 2 )
=-1  *  -1.016/17.29
=5.88 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.545 + 1.267
=14.812

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.517 + 1.251
=19.768

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


eMagin  (AMEX:EMAN) Effective Interest Rate on Debt % Explanation

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


eMagin Effective Interest Rate on Debt % Related Terms

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eMagin (eMagin) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » eMagin Corp (AMEX:EMAN) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
N/A
Address
700 South Drive, Suite 201, Hopewell Junction, NY, USA, 12533
eMagin Corp designs, develop, manufactures, and markets organic light-emitting diode, or OLED miniature displays, OLED-on-silicon microdisplays, virtual imaging products that utilize OLED micro displays, and related products. The company's OLED displays are used in a variety of products, including military aviation helmets, military weapons sights and targeting systems, night vision & thermal imaging devices, training and simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications.
Executives
Eric Braddom director C/O EMAGIN CORPORATION, 2070 ROUTE 52 BLDG 334, HOPEWELL JUNCTION NY 12533
Mark A Koch officer: CFO C/O DEL GLOBAL TECHNOLOGIES CORP., ONE COMMERCE PARK, VALHALLA NY 10595
Stillwater Llc 10 percent owner 654 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10065
Prache Olivier officer: Sr. VP Display Ops & Prod Dev 213 MANVILLE ROAD, PLEASANTVILLE NY 10570
Amalkumar Ghosh officer: Senior V.P., R&D 2070 ROUTE 52, HOPEWELL JUNCTION NY 12533
Sculley Andrew George Jr officer: CEO and President 260 BRIAR DRIVE, MARTINEZ CA 94553
Joseph Saltarelli officer: VP C/O EMAGIN CORPORATION, 2070 ROUTE 52 BLDG 334, HOPEWELL JUNCTION NY 12533
Ginola Ltd 10 percent owner C/O OGLER FIDUCIARY SERVICES LTD, WHITELEY CHAMBERS/DON STREET, ST HELIER JERSEY JE4 92G A1 00000
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Stephen Costello officer: Sr. VP Strategic Partnerships C/O EMAGIN CORPORATION, 2070 ROUTE 52 BUILDING 334, HOPEWELL JUNCTION NY 12533
Jeffrey P Lucas officer: Chief Financial Officer C/O EMAGIN CORP., 2070 ROUTE 52, HOPEWELL JUNCTION NY 12533
Leslie G Polgar director 3006 NORTHUP WAY, SUITE 103, BELLEVUE WA 98004
Stephen Seay director 10500, N.E. 8TH STREET, SUITE 1400, BELLEVUE WA 98004
Ellen B Richstone director C/O SONUS NETWORKS, INC., 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Jill Wiittels director 3006 NORTHUP WAY #103, BELLEVUE WA 98004