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Nuburu (Nuburu) Effective Interest Rate on Debt % : 38.50% (As of Mar. 2024)


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What is Nuburu 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. Nuburu's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $3.80 Mil. Nuburu's average total debt for the quarter that ended in Mar. 2024 was $9.88 Mil. Therefore, Nuburu's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 38.50%.


Nuburu Effective Interest Rate on Debt % Historical Data

The historical data trend for Nuburu'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.

Nuburu Effective Interest Rate on Debt % Chart

Nuburu Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- - 2.18 8.64

Nuburu Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 1.22 9.03 27.85 38.50

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

For the Specialty Industrial Machinery subindustry, Nuburu'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.


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

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

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



Nuburu Effective Interest Rate on Debt % Calculation

Nuburu'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  *  -0.755/( (8.017+9.454)/ 2 )
=-1  *  -0.755/8.7355
=8.64 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.374 + 7.643
=8.017

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.951 + 2.503
=9.454

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -3.804/( (9.454+10.307)/ 2 )
=-1  *  -3.804/9.8805
=38.50 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.951 + 2.503
=9.454

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.833 + 3.474
=10.307

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nuburu  (AMEX:BURU) Effective Interest Rate on Debt % Explanation

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


Nuburu Effective Interest Rate on Debt % Related Terms

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Nuburu (Nuburu) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7442 Tucson Way, Suite 130, Centennial, CO, USA, 80112
Nuburu Inc is a specialist of high-speed, high-quality metal machining and processing. The company's ground-breaking blue laser technology has defined a new class of high-power, high-brightness blue lasers, starting with the standard AO laser and the extreme-brightness AI laser, which each enable radical gains in speed and quality for metal processing.
Executives
John R Bolton director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
David Seldin 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Wilson-garling 2023 Family Trust 10 percent owner C/O NUBURU, INC., 7442 S TUCSON WAY, SUITE 130, CENTENNIAL CO 80112
Anzu Partners Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu V Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Debrah Herman 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Ii Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Iii Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Cst Global Llc 10 percent owner 6835 PASEO LAREDO, LA JOLLA CA 92037
David & Jennifer Michael Family Ltd Partnership 10 percent owner 6835 PASEO LAREDO, LA JOLLA CA 92037
Mark Zediker director, officer: Chief Executive Officer 7442 SOUTH TUCSON WAY, #130, CENTENNIAL CO 80112
Wilson-garling 2020 Family Trust 10 percent owner C/O NUBURU, INC., 7442 S TUCSON WAY, SUITE 130, CENTENNIAL CO 80112
Brian Knaley officer: Chief Financial Officer C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724

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