Exco Technologies (Exco Technologies) Effective Interest Rate on Debt % : 7.46% (As of Mar. 2024)

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What is Exco Technologies 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. Exco Technologies's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $6.6 Mil. Exco Technologies's average total debt for the quarter that ended in Mar. 2024 was $89.1 Mil. Therefore, Exco Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.46%.

Exco Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Exco Technologies'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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Exco Technologies Effective Interest Rate on Debt % Chart

Exco Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

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3.19

5.21

7.02

4.11

6.99

Exco Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.73	6.37	7.63	7.30	7.46

Competitive Comparison of Exco Technologies's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Exco Technologies'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.

Exco Technologies's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exco Technologies's Effective Interest Rate on Debt % distribution charts can be found below:

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

Exco Technologies Effective Interest Rate on Debt % Calculation

Exco Technologies's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -5.995	/	( (85.473	+	85.996)	/ 2 )
=	-1 * -5.995	/	85.7345
=	6.99 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	76.205	+	9.268
=	85.473

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.327	+	3.669
=	85.996

Exco Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -6.644	/	( (91.161	+	86.959)	/ 2 )
=	-1 * -6.644	/	89.06
=	7.46 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	83.153	+	8.008
=	91.161

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.297	+	4.662
=	86.959

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Exco Technologies (OTCPK:EXCOF) Effective Interest Rate on Debt % Explanation

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

Exco Technologies Effective Interest Rate on Debt % Related Terms

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Exco Technologies (Exco Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Exco Technologies Ltd (OTCPK:EXCOF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

3XT:Germany XTC:Canada

Address

130 Spy Court, 2nd Floor, Markham, ON, CAN, L3R 5H6

Website

https://www.excocorp.com

Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, the Casting and Extrusion segment and Automotive Solutions segment. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers. Geographically, it derives a majority of its revenue from the United States and also has its presence in Canada, Europe, Asia and other regions.