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UEIC (Universal Electronics) Effective Interest Rate on Debt % : 3.04% (As of Mar. 2025)


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What is Universal Electronics 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. Universal Electronics's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $1.4 Mil. Universal Electronics's average total debt for the quarter that ended in Mar. 2025 was $46.4 Mil. Therefore, Universal Electronics's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 3.04%.


Universal Electronics Effective Interest Rate on Debt % Historical Data

The historical data trend for Universal Electronics'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.

Universal Electronics Effective Interest Rate on Debt % Chart

Universal Electronics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 0.99 2.40 4.79 5.50

Universal Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.49 5.73 6.53 5.47 3.04

Competitive Comparison of Universal Electronics's Effective Interest Rate on Debt %

For the Consumer Electronics subindustry, Universal Electronics'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.


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

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

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


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Universal Electronics Effective Interest Rate on Debt % Calculation

Universal Electronics's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -3.361/( (72.373+49.745)/ 2 )
=-1  *  -3.361/61.059
=5.50 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.56 + 59.813
=72.373

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.232 + 40.513
=49.745

Universal Electronics's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -1.412/( (49.745+43.063)/ 2 )
=-1  *  -1.412/46.404
=3.04 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.232 + 40.513
=49.745

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.576 + 34.487
=43.063

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Universal Electronics  (NAS:UEIC) Effective Interest Rate on Debt % Explanation

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


Universal Electronics Effective Interest Rate on Debt % Related Terms

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Universal Electronics Business Description

Industry
Traded in Other Exchanges
N/A
Address
15147 N. Scottsdale Road, Suite H300, Scottsdale, AZ, USA, 85254-2494
Universal Electronics Inc is a United States-based company that principally designs, develops, manufactures, ships, and supports control and sensor technology solutions and a broad line of universal control systems, audio-video (AV) accessories, wireless security, and smart home products that are used by the world's brands in the video services, consumer electronics, security, home automation, climate control and home appliance markets. It generates its total revenue from the United States.
Executives
Eric Singer 10 percent owner 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
Firehammer Richard A Jr officer: Senior Vice Presiden 201 E. SANDPOINTE AVENUE, 8TH FLOOR, SANTA ANA CA 92707
Paul D Arling director, officer: CEO 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Edward K Zinser director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Toro 18 Holdings Llc 10 percent owner 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180
William C Martin 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Immersion Corp 10 percent owner 2999 N. E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Bryan M Hackworth officer: Vice President and CFO 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Chong David Cheung Hyen officer: Executive Vice President -Asia 201 EAST SANDPOINTE AVENUE, 8TH FLOOR, SANTA ANA CA 92707
Romulo Pontual director 15147 N SCOTTSDALE ROAD, SUITE H300, SCOTTSDALE AZ 85254
William C Mulligan director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Richard K Carnifax officer: V.P. Global Operations 15147 N. SCOTTSDALE ROAD, SUITE H300, SCOTTSDALE AZ 85254
Satjiv S Chahil director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Ramzi Ammari officer: Sr.VP Corp Planning & Strategy 15147 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85268
Joseph Miketo officer: Sr. VP Operations 15147 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254