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Knowles (Knowles) Effective Interest Rate on Debt % : 12.14% (As of Dec. 2023)


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What is Knowles 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. Knowles's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $20.8 Mil. Knowles's average total debt for the quarter that ended in Dec. 2023 was $171.3 Mil. Therefore, Knowles's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 12.14%.


Knowles Effective Interest Rate on Debt % Historical Data

The historical data trend for Knowles'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.

Knowles Effective Interest Rate on Debt % Chart

Knowles 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 8.25 8.49 9.46 5.15 4.21

Knowles 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 7.98 5.17 5.48 4.24 12.14

Competitive Comparison of Knowles's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Knowles'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.


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

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

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



Knowles Effective Interest Rate on Debt % Calculation

Knowles'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  *  -7.4/( (64.5+286.7)/ 2 )
=-1  *  -7.4/175.6
=4.21 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=232.9 + 53.8
=286.7

Knowles'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  *  -20.8/( (55.9+286.7)/ 2 )
=-1  *  -20.8/171.3
=12.14 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=232.9 + 53.8
=286.7

* 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.


Knowles  (NYSE:KN) Effective Interest Rate on Debt % Explanation

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


Knowles Effective Interest Rate on Debt % Related Terms

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Knowles (Knowles) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Knowles Corp (NYSE:KN) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
1151 Maplewood Drive, Itasca, IL, USA, 60143
Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in three segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions, Medtech & Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications and the Consumer MEMS Microphones segment designs and manufactures micro-electro-mechanical systems microphones and audio solutions used in applications. The majority of its revenue comes from the Consumer MEMS Microphones segment.
Executives
Raymond D. Cabrera officer: Senior VP, HR & CAO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Erania Brackett director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Daniel J Crowley director 870 WINTER STREET, WALTHAM MA 02451
Jeffrey Niew director, officer: President & CEO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Cheryl L Shavers director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
John S. Anderson officer: Senior VP & CFO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Daniel J. Giesecke officer: Senior VP & COO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Bastarrica Air A. Jr. officer: Vice President & Controller 1151 MAPLEWOOD DR, ITASCA IL 60143-2071
Donald Macleod director
Michael S Wishart director SPANSION INC., 915 DEGUIGNE DRIVE, SUNNYVALE CA 94085-3836
Ronald Steven Jankov director 3875 FREEDOM CIRCLE, SUITE 900, SANTA CLARA CA 95054
Didier Hirsch director 5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Christian Scherp officer: Co-President, MCE KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Ye Jane Li director 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Michael S. Polacek officer: President, Intelligent Audio KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143