Accton Technology (TPE:2345) Effective Interest Rate on Debt % : 3.45% (As of Dec. 2023)

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What is Accton 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. Accton Technology's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was NT$86 Mil. Accton Technology's average total debt for the quarter that ended in Dec. 2023 was NT$2,497 Mil. Therefore, Accton Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.45%.

Accton Technology Effective Interest Rate on Debt % Historical Data

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

Accton Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.20

2.23

2.09

1.92

1.95

Accton Technology 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															1.88	2.41	2.37	2.52	3.45

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

For the Communication Equipment subindustry, Accton 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.

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

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

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

Accton Technology Effective Interest Rate on Debt % Calculation

Accton Technology'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 * -72.971	/	( (4925.794	+	2563.335)	/ 2 )
=	-1 * -72.971	/	3744.5645
=	1.95 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3772.346	+	1153.448
=	4925.794

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1919.144	+	644.191
=	2563.335

Accton Technology'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 * -86.14	/	( (2429.696	+	2563.335)	/ 2 )
=	-1 * -86.14	/	2496.5155
=	3.45 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1753.008	+	676.688
=	2429.696

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1919.144	+	644.191
=	2563.335

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.

Accton Technology (TPE:2345) Effective Interest Rate on Debt % Explanation

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

Accton Technology Effective Interest Rate on Debt % Related Terms

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Accton Technology (TPE:2345) Business Description

Industry

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Address

No. 1, Creation 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 30077

Website

https://www.accton.com

Accton Technology Corp develops, manufactures and sells innovative high-quality products for computer network systems and wireless land area network (LAN) hardware and software products and renders related technical consulting and engineering design services. The products and services offered by the company is Switch, Network Application, Metro Access Switch, Other and Wireless. Roughly half of the firm's revenue is generated in the United States, with the rest coming from Taiwan, the rest of Asia, Europe, and other regions.

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