Optiscan Imaging (ASX:OIL) Effective Interest Rate on Debt % : 5.07% (As of Dec. 2023)

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What is Optiscan Imaging 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. Optiscan Imaging's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$0.02 Mil. Optiscan Imaging's average total debt for the quarter that ended in Dec. 2023 was A$0.43 Mil. Therefore, Optiscan Imaging's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.07%.

Optiscan Imaging Effective Interest Rate on Debt % Historical Data

The historical data trend for Optiscan Imaging'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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Optiscan Imaging Effective Interest Rate on Debt % Chart

Optiscan Imaging Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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9.44

6.14

5.26

6.65

Optiscan Imaging Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.89	6.13	5.83	5.83	5.07

Competitive Comparison of Optiscan Imaging's Effective Interest Rate on Debt %

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.

Optiscan Imaging's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

Optiscan Imaging Effective Interest Rate on Debt % Calculation

Optiscan Imaging'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 * -0.032	/	( (0.549	+	0.413)	/ 2 )
=	-1 * -0.032	/	0.481
=	6.65 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.373	+	0.176
=	0.549

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.181	+	0.232
=	0.413

Optiscan Imaging'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.022	/	( (0.413	+	0.454)	/ 2 )
=	-1 * -0.022	/	0.4335
=	5.07 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.181	+	0.232
=	0.413

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.078	+	0.376
=	0.454

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Optiscan Imaging (ASX:OIL) Effective Interest Rate on Debt % Explanation

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

Optiscan Imaging Effective Interest Rate on Debt % Related Terms

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Optiscan Imaging (ASX:OIL) Business Description

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Address

16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.optiscan.com

Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.