LaserBond (ASX:LBL) Effective Interest Rate on Debt % : 6.68% (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is LaserBond 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. LaserBond's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was A$0.88 Mil. LaserBond's average total debt for the quarter that ended in Dec. 2024 was A$13.11 Mil. Therefore, LaserBond's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.68%.

LaserBond Effective Interest Rate on Debt % Historical Data

The historical data trend for LaserBond'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.

LaserBond Effective Interest Rate on Debt % Chart

LaserBond Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

7.78

4.84

4.44

5.90

6.81

LaserBond Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.32	5.67	6.13	6.88	6.68

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

For the Specialty Industrial Machinery subindustry, LaserBond'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.

LaserBond's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LaserBond's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

LaserBond Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -0.864	/	( (11.833	+	13.558)	/ 2 )
=	-1 * -0.864	/	12.6955
=	6.81 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.508	+	2.325
=	11.833

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.31	+	2.248
=	13.558

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.876	/	( (13.558	+	12.668)	/ 2 )
=	-1 * -0.876	/	13.113
=	6.68 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.31	+	2.248
=	13.558

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.018	+	2.65
=	12.668

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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

LaserBond (ASX:LBL) Effective Interest Rate on Debt % Explanation

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

LaserBond Effective Interest Rate on Debt % Related Terms

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

LaserBond Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LaserBond Ltd (ASX:LBL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2/57 Anderson Road, Smeaton Grange, Sydney, NSW, AUS, 2567

Website

https://www.laserbond.com.au

LaserBond Ltd is engaged in the manufacture and reclamation of industrial components and assemblies used in capital-intensive industries and environments such as mining, minerals processing, energy, construction, and primary metals manufacturing. The company's operating segment includes Services, Products, Technology and Research and Development. It generates maximum revenue from the services segment. Geographically, it operates only in Australia. The company serves Mining, Drilling, Mineral processing, Power Generation, Transport and Marine, Fluid Handling, and Other Industries.

LaserBond Headlines

No Headlines