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Bel Fuse (Bel Fuse) Effective Interest Rate on Debt % : 2.21% (As of Dec. 2023)


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What is Bel Fuse 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. Bel Fuse's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.8 Mil. Bel Fuse's average total debt for the quarter that ended in Dec. 2023 was $81.2 Mil. Therefore, Bel Fuse's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.21%.


Bel Fuse Effective Interest Rate on Debt % Historical Data

The historical data trend for Bel Fuse'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.

Bel Fuse Effective Interest Rate on Debt % Chart

Bel Fuse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 3.24 2.68 2.70 2.89

Bel Fuse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.13 3.32 3.58 2.49 2.21

Competitive Comparison of Bel Fuse's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Bel Fuse'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.


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

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

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



Bel Fuse Effective Interest Rate on Debt % Calculation

Bel Fuse'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  *  -2.85/( (116.612+80.562)/ 2 )
=-1  *  -2.85/98.587
=2.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=110.742 + 5.87
=116.612

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=74.212 + 6.35
=80.562

Bel Fuse'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1.792/( (81.741+80.562)/ 2 )
=-1  *  -1.792/81.1515
=2.21 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=75.551 + 6.19
=81.741

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=74.212 + 6.35
=80.562

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


Bel Fuse  (NAS:BELFB) Effective Interest Rate on Debt % Explanation

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


Bel Fuse Effective Interest Rate on Debt % Related Terms

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Bel Fuse (Bel Fuse) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bel Fuse Inc (NAS:BELFB) » Definitions » Effective Interest Rate on Debt %
Address
206 Van Vorst Street, Jersey City, NJ, USA, 07302
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
Executives
Tuweiq Farouq Salem Ali officer: Chief Financial Officer C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lai Kenneth Koon Keung officer: VP of Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Joseph Francis Berry officer: VP of Magnetic Solutions C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Dennis Ackerman officer: Vice President of Operations C/O BEL FUSE INC, 206 VAN VORST STREET, JERSEY NJ 07302
Daniel Bernstein director, 10 percent owner, officer: President and CEO
Vincent Vellucci director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Suzanne Kozlovsky officer: Global Head of People C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Peter E Gilbert director
Raymond Cheung officer: Vice President-Asia Operations C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Sherry L. Urban officer: VP of Human Resources C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Jacqueline T. Brito director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Lynn Katherine Hutkin officer: Director Financial Reporting C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Craig Brosious officer: Vice President of Finance C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302
Avi D Eden director
Rita V Smith director C/O BEL FUSE INC., 206 VAN VORST STREET, JERSEY CITY NJ 07302