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Photronics Effective Interest Rate on Debt %

: 3.82% (As of Jan. 2021)
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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. Photronics's annualized positive value of Interest Expense for the quarter that ended in Jan. 2021 was $3.3 Mil. Photronics's average total debt for the quarter that ended in Jan. 2021 was $86.2 Mil. Therefore, Photronics's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2021 was 3.82%.

Photronics Effective Interest Rate on Debt % Historical Data

* 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.

Photronics Annual Data
Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.37 8.20 3.79 2.59 3.83

Photronics Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only 13.43 2.17 4.41 4.90 3.82
Competitive Comparison
* 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.

Photronics Effective Interest Rate on Debt % Distribution

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


Photronics Effective Interest Rate on Debt % Calculation

Photronics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2019 )+Total Debt  (A: Oct. 2020 ))/ count )
=-1  *  -2.367/( (52.76+70.833)/ 2 )
=-1  *  -2.367/61.7965
=3.83 %

where

Total Debt  (A: Oct. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=41.887 + 10.873
=52.76

Total Debt  (A: Oct. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54.98 + 15.853
=70.833

Photronics's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2020 )+Total Debt  (Q: Jan. 2021 ))/ count )
=-1  *  -3.292/( (70.833+101.625)/ 2 )
=-1  *  -3.292/86.229
=3.82 %

where

Total Debt  (Q: Oct. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54.98 + 15.853
=70.833

Total Debt  (Q: Jan. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=79.984 + 21.641
=101.625

* 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 (Jan. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Photronics  (NAS:PLAB) Effective Interest Rate on Debt % Explanation

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

Photronics Effective Interest Rate on Debt % Related Terms

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