GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Photronics Inc (NAS:PLAB) » Definitions » Effective Interest Rate on Debt %

Photronics (Photronics) Effective Interest Rate on Debt % : 1.44% (As of Jan. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Photronics 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. Photronics's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.4 Mil. Photronics's average total debt for the quarter that ended in Jan. 2024 was $25.0 Mil. Therefore, Photronics's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.44%.


Photronics Effective Interest Rate on Debt % Historical Data

The historical data trend for Photronics'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.

Photronics Effective Interest Rate on Debt % Chart

Photronics Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 3.83 1.82 2.36 1.23

Photronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.67 1.72 1.83 1.64 1.44

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

For the Semiconductor Equipment & Materials subindustry, Photronics'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.


Photronics's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

* 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. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2022 )+Total Debt  (A: Oct. 2023 ))/ count )
=-1  *  -0.433/( (43.688+26.531)/ 2 )
=-1  *  -0.433/35.1095
=1.23 %

where

Total Debt  (A: Oct. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.31 + 11.378
=43.688

Total Debt  (A: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.998 + 8.533
=26.531

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -0.36/( (26.531+23.426)/ 2 )
=-1  *  -0.36/24.9785
=1.44 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.998 + 8.533
=26.531

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.655 + 20.771
=23.426

* 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. 2024) 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

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


Photronics (Photronics) Business Description

Industry
Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
Executives
Mitchell G Tyson director 15 SECOR ROAD, BROOKFIELD CT 06804
Adam M Lewis director 15 SECOR ROAD, BROOKFIELD CT 06804
Christopher J Progler officer: VP,Chief Technology Officer 15 SECOR ROAD, BROOKFIELD CT 06804
Peter S Kirlin officer: Senior VP, U.S. & Europe 15 SECOR ROAD, BROOKFIELD CT 06804
Richelle E Burr officer: VP, General Counsel & Secy 15 SECOR RD, BROOKFIELD CT 06804
Kang Jyh Lee officer: President, Asia IC Photomask 15 SECOR ROAD, BROOKFIELD CT 06804
John P Jordan officer: SVP & Chief Financial Officer 600 EAST GREENWICH AVENUE, WEST WARWICK RI 02893
Daniel Jl Liao director 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Fiorita Joseph A Jr director 15 SECOR ROAD, BROOKFIELD CT 06804
Walter M Fiederowicz director 15 SECOR ROAD, BROOKFIELD CT 06804
Mary Paladino director 15 SECOR ROAD, BROOKFIELD CT 06804
George Macricostas director 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Macricostas Constantine S director 15 SECOR ROAD, P.O. BOX 5226, BROOKFIELD CT 06804
Sean T Smith officer: VP and Chief Financial Officer 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Liang Choo Hsia director 15 SECOR RD., BROOKFIELD CT 06804

Photronics (Photronics) Headlines

From GuruFocus

Photronics to Report Second Quarter Earnings

By GuruFocusNews GuruFocusNews 06-05-2022

Photronics to Report Fourth Quarter Earnings

By Value_Insider Value_Insider 11-29-2022

Photronics to Report Second Quarter Earnings

By PurpleRose PurpleRose 07-15-2022

Photronics to Report First Quarter Earnings

By Stock market mentor Stock market mentor 02-08-2023

Pacific Ridge Capital Partners, LLC Buys 2, Sells 3 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-10-2022

Photronics to Report Second Quarter Earnings

By GuruFocusNews GuruFocusNews 06-25-2022