Bluglass (ASX:BLG) Effective Interest Rate on Debt %

: 8.83% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

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. Bluglass's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.37 Mil. Bluglass's average total debt for the quarter that ended in Dec. 2023 was A$4.19 Mil. Therefore, Bluglass's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.83%.

Bluglass Effective Interest Rate on Debt % Historical Data

The historical data trend for Bluglass'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.

Bluglass Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

5.74

3.17

3.34

5.31

Bluglass 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 %																5.55	3.84	4.29	6.08	8.83

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Bluglass'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.

Bluglass Effective Interest Rate on Debt % Distribution

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

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

Bluglass Effective Interest Rate on Debt % Calculation

Bluglass'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 * -0.242	/	( (4.626	+	4.488)	/ 2 )
=	-1 * -0.242	/	4.557
=	5.31 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.888	+	0.738
=	4.626

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.699	+	0.789
=	4.488

Bluglass'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 * -0.37	/	( (4.488	+	3.892)	/ 2 )
=	-1 * -0.37	/	4.19
=	8.83 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.699	+	0.789
=	4.488

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.06	+	0.832
=	3.892

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.

Bluglass (ASX:BLG) Effective Interest Rate on Debt % Explanation

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

Bluglass Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Bluglass's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bluglass (ASX:BLG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

BUGLF:USA

Address

74 Asquith Street, Silverwater, Sydney, NSW, AUS, 2128

Website

https://www.bluglass.com.au

Bluglass Ltd is an Australia-based semiconductor company. It is engaged in research and product development of compound-semiconductor materials, processes, and equipment to manufacture high-value electronics such as laser diodes, LEDs, and micro LEDs. It is working on achieving its technology and commercial milestones using its patented low-temperature Remote Plasma Chemical Vapour Deposition (RPCVD) technology to manufacture semiconductor materials and produce laser diode, LED, and microLED devices. The company operates in two geographical areas being in Australia and the United States. It derives a majority of revenue from Australia.

Bluglass (ASX:BLG) Headlines

No Headlines