TD Synnex (FRA:SUX) Effective Interest Rate on Debt % : 7.52% (As of Feb. 2024)

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

What is TD Synnex 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. TD Synnex's annualized positive value of Interest Expense for the quarter that ended in Feb. 2024 was €281 Mil. TD Synnex's average total debt for the quarter that ended in Feb. 2024 was €3,744 Mil. Therefore, TD Synnex's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 was 7.52%.

TD Synnex Effective Interest Rate on Debt % Historical Data

The historical data trend for TD Synnex'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.

TD Synnex Effective Interest Rate on Debt % Chart

TD Synnex Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.33

3.26

5.54

5.71

6.83

TD Synnex Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.38	6.94	6.61	6.51	7.52

Competitive Comparison of TD Synnex's Effective Interest Rate on Debt %

For the Electronics & Computer Distribution subindustry, TD Synnex'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.

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

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

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

TD Synnex Effective Interest Rate on Debt % Calculation

TD Synnex's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Nov. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Nov. 2022 )	+	Total Debt (A: Nov. 2023 ))	/ count )
=	-1 * -266.406	/	( (4025.821	+	3772.487)	/ 2 )
=	-1 * -266.406	/	3899.154
=	6.83 %

where

	Total Debt (A: Nov. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3762.787	+	263.034
=	4025.821

	Total Debt (A: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2863.654	+	908.833
=	3772.487

TD Synnex's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Nov. 2023 )	+	Total Debt (Q: Feb. 2024 ))	/ count )
=	-1 * -281.404	/	( (3772.487	+	3716.441)	/ 2 )
=	-1 * -281.404	/	3744.464
=	7.52 %

where

	Total Debt (Q: Nov. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2863.654	+	908.833
=	3772.487

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2857.354	+	859.087
=	3716.441

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

TD Synnex (FRA:SUX) Effective Interest Rate on Debt % Explanation

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

TD Synnex Effective Interest Rate on Debt % Related Terms

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

TD Synnex (FRA:SUX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TD Synnex Corp (FRA:SUX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

SNX:USA

Address

44201 Nobel Drive, Fremont, CA, USA, 94538

Website

https://www.tdsynnex.com

TD Synnex Corp is a global distributor and solutions aggregator for the IT ecosystem. Its edge-to-cloud portfolio is anchored in some of the technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility, and everything as a service.

TD Synnex (FRA:SUX) Headlines

No Headlines