ATLT (Atlas Technology International) Effective Interest Rate on Debt %: 6.81% (As of Sep. 2017)


What is Atlas Technology International Effective Interest Rate on Debt %?

Atlas Technology International ATLT Effective Interest Rate on Debt % is 6.81% as of Sep. 2017.

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. Atlas Technology International's annualized positive value of Interest Expense for the quarter that ended in Sep. 2017 was $0.04 Mil. Atlas Technology International's average total debt for the quarter that ended in Sep. 2017 was $0.59 Mil. Therefore, Atlas Technology International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 was 6.81%.

Atlas Technology International  (OTCPK:ATLT) Effective Interest Rate on Debt % Explanation

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

Atlas Technology International Effective Interest Rate on Debt % Related Terms

Atlas Technology International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Atlas Technology International'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.

Atlas Technology International Effective Interest Rate on Debt % Chart

Atlas Technology International Annual Data
Trend Jul14 Jul15 Jun16 Jun17
Effective Interest Rate on Debt %
0.00 0.00 0.00 14.67

Atlas Technology International Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Sep16 Dec16 Mar17 Jun17 Sep17
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 54.05 67.18 24.87 11.54 6.81

ATLT vs MFCO, TNLX: Effective Interest Rate on Debt % Comparison

For the Electronic Components subindustry, Atlas Technology International'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.

Atlas Technology International Effective Interest Rate on Debt % vs Hardware Industry

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

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


Atlas Technology International Effective Interest Rate on Debt % Calculation

Atlas Technology International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2016 )+Total Debt  (A: Jun. 2017 ))/ count )
=-1  *  -0.046/( (0.055+0.572)/ 2 )
=-1  *  -0.046/0.3135
=14.67 %

where

Total Debt  (A: Jun. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.055
=0.055

Total Debt  (A: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.572
=0.572

Atlas Technology International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2017 )+Total Debt  (Q: Sep. 2017 ))/ count )
=-1  *  -0.04/( (0.572+0.603)/ 2 )
=-1  *  -0.04/0.5875
=6.81 %

where

Total Debt  (Q: Jun. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.572
=0.572

Total Debt  (Q: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 0.603
=0.603

* 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 (Sep. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.81% mean?
Atlas Technology International (ATLT) has a Effective Interest Rate on Debt % of 6.81% as of Sep. 2017. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Atlas Technology International and its competitors.
Is Atlas Technology International's Effective Interest Rate on Debt % too high?
Atlas Technology International's current Effective Interest Rate on Debt % is 6.81%.
How does Atlas Technology International's Effective Interest Rate on Debt % compare to MFCO and TNLX?
Atlas Technology International's Effective Interest Rate on Debt % of 6.81% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Hardware company?
A good Effective Interest Rate on Debt % depends on the Hardware industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Atlas Technology International and its competitors. Atlas Technology International's current Effective Interest Rate on Debt % is 6.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Technology International stock overvalued right now?
Atlas Technology International (ATLT) has a current Effective Interest Rate on Debt % of 6.81%. The current Effective Interest Rate on Debt % is 6.81%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Atlas Technology International (ATLT), the current Effective Interest Rate on Debt % is 6.81% as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Atlas Technology International Business Description

Address 15260 Ventura Boulevard, Suite 1010, Sherman Oaks, Los Angeles, CA, USA, 91430
Atlas Technology International Inc is a designer, manufacturer and distributor of touchscreen devices to consumer electronic producers. It manufactures products in a wide array of industries such as GPS, watches, point-of-sale (POS), hospitality, medical/healthcare IT, industrial, and consumer. The company produces complete touchscreen displays and display enhancements in North America and provides in-flight entertainment (IFE) touchscreen solutions to the commercial aerospace industry.