United Microelectronics (United Microelectronics) Effective Interest Rate on Debt %

: 2.25% (As of Dec. 2023)

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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. United Microelectronics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $53 Mil. United Microelectronics's average total debt for the quarter that ended in Dec. 2023 was $2,353 Mil. Therefore, United Microelectronics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.25%.

United Microelectronics Effective Interest Rate on Debt % Historical Data

The historical data trend for United Microelectronics'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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United Microelectronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.05

3.90

4.27

3.67

2.66

United Microelectronics 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															3.44	2.90	2.94	2.65	2.25

Competitive Comparison

For the Semiconductors subindustry, United Microelectronics'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.

United Microelectronics Effective Interest Rate on Debt % Distribution

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

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

United Microelectronics Effective Interest Rate on Debt % Calculation

United Microelectronics'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 * -47.157	/	( (1488.121	+	2052.992)	/ 2 )
=	-1 * -47.157	/	1770.5565
=	2.66 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1470.592	+	17.529
=	1488.121

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1603.595	+	449.397
=	2052.992

United Microelectronics'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 * -52.884	/	( (2652.222	+	2052.992)	/ 2 )
=	-1 * -52.884	/	2352.607
=	2.25 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1697.344	+	954.878
=	2652.222

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1603.595	+	449.397
=	2052.992

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.

United Microelectronics (NYSE:UMC) Effective Interest Rate on Debt % Explanation

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

United Microelectronics Effective Interest Rate on Debt % Related Terms

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United Microelectronics (United Microelectronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Microelectronics Corp (NYSE:UMC) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

2303:Taiwan UMC:Mexico UMCB:Germany

Address

No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.umc.com

Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.