Graphjet Technology (Graphjet Technology) Effective Interest Rate on Debt % : 2.67% (As of Sep. 2022)

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What is Graphjet Technology 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. Graphjet Technology's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was $0.01 Mil. Graphjet Technology's average total debt for the quarter that ended in Sep. 2022 was $0.49 Mil. Therefore, Graphjet Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 2.67%.

Graphjet Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Graphjet Technology'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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Graphjet Technology Effective Interest Rate on Debt % Chart

Graphjet Technology Annual Data

Trend

Sep21

Effective Interest Rate on Debt %

Graphjet Technology Semi-Annual Data
	Sep21	Sep22
Effective Interest Rate on Debt %	-	2.67

Competitive Comparison of Graphjet Technology's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Graphjet Technology'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.

Graphjet Technology's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Graphjet Technology's Effective Interest Rate on Debt % distribution charts can be found below:

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

Graphjet Technology Effective Interest Rate on Debt % Calculation

Graphjet Technology's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: . 20 )	+	Total Debt (A: Sep. 2021 ))	/ count )
=	-1 *	/	( (	+	)	/ )
=	-1 *	/
=	%

where

	Total Debt (A: . 20 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

	Total Debt (A: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=		+
=

Graphjet Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2021 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * -0.013	/	( (0	+	0.487)	/ 1 )
=	-1 * -0.013	/	0.487
=	2.67 %

where

	Total Debt (Q: Sep. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.487
=	0.487

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 one times the annual (Sep. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Graphjet Technology (NAS:GTI) Effective Interest Rate on Debt % Explanation

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

Graphjet Technology Effective Interest Rate on Debt % Related Terms

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Graphjet Technology (Graphjet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphjet Technology (NAS:GTI) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

Unit No L4-E-8, Enterprise 4, Technology Park Malaysia Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.graphjettech.com

Graphjet Technology Sdn Bhd is a fast-growing organization that aims to be a global leader in generating value by producing the most innovative, green, and low-cost graphene, graphite and graphene-based anode materials. Graphjet is the owner of the state-of-the-art technology for the manufacture of artificial graphene and graphite used to produce critical raw materials used in a variety of industries. Its current primary business is to develop its palm-based artificial graphene and graphite manufacturing business with its proprietary patentable technology to utilize palm kernel shells in the process of manufacturing and production of artificial graphene and graphite and related application products.