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

Synaptics (Synaptics) Effective Interest Rate on Debt % : 2.38% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Synaptics 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. Synaptics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $24 Mil. Synaptics's average total debt for the quarter that ended in Dec. 2023 was $1,025 Mil. Therefore, Synaptics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.38%.


Synaptics Effective Interest Rate on Debt % Historical Data

The historical data trend for Synaptics'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.

Synaptics Effective Interest Rate on Debt % Chart

Synaptics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 4.21 3.89 3.09 5.36

Synaptics 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 2.59 2.71 13.00 2.10 2.38

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

For the Semiconductors subindustry, Synaptics'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.


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

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

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



Synaptics Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -55.5/( (1040.8+1029.4)/ 2 )
=-1  *  -55.5/1035.1
=5.36 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1027.2 + 13.6
=1040.8

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1014.4 + 15
=1029.4

Synaptics'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  *  -24.4/( (1025.5+1023.7)/ 2 )
=-1  *  -24.4/1024.6
=2.38 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1010.5 + 15
=1025.5

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1008.4 + 15.3
=1023.7

* 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.


Synaptics  (NAS:SYNA) Effective Interest Rate on Debt % Explanation

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


Synaptics Effective Interest Rate on Debt % Related Terms

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


Synaptics (Synaptics) Business Description

Industry
Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.
Executives
Vikram Gupta officer: See Remarks 1109 MCKAY DRIVE, SAN JOSE CA 95131
John Mcfarland officer: SVP and General Counsel 1251 MCKAY DR., SAN JOSE CA 95131
Dean Warren Butler officer: See Remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Saleel Awsare officer: See Remarks C/O SIGMA DESIGN, INC., 47467 FREMONT BLVD., FREMONT CA 94538
Michael E. Hurlston director, officer: See remarks below 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kiva A. Allgood director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James L Whims director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kermit Nolan officer: See Remarks 1251 MCKAY DRIVE, SAN JOSE CA 95131
Jeffrey D Buchanan director C/O SMITH & WESSON, 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Patricia Lorraine Kummrow director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Craig Browning Stein officer: Please see remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Susan J Hardman director 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070