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DIH Holding US (DIH Holding US) Effective Interest Rate on Debt % : 4.28% (As of Mar. 2023)


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What is DIH Holding US 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. DIH Holding US's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $0.78 Mil. DIH Holding US's average total debt for the quarter that ended in Mar. 2023 was $20.92 Mil. Therefore, DIH Holding US's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 3.73%.

DIH Holding US Effective Interest Rate on Debt % Historical Data

The historical data trend for DIH Holding US'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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DIH Holding US Effective Interest Rate on Debt % Chart

DIH Holding US Annual Data
Trend Mar22 Mar23
Effective Interest Rate on Debt %
2.19 3.73

DIH Holding US Semi-Annual Data
Mar22 Mar23
Effective Interest Rate on Debt % 2.19 4.28

Competitive Comparison of DIH Holding US's Effective Interest Rate on Debt %

For the Medical Devices subindustry, DIH Holding US'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.

DIH Holding US's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DIH Holding US's Effective Interest Rate on Debt % distribution charts can be found below:

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


DIH Holding US Effective Interest Rate on Debt % Calculation

DIH Holding US's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.78/( (23.628+18.204)/ 2 )
=-1  *  -0.78/20.916
=3.73 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.806 + 18.822
=23.628

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.459 + 15.745
=18.204

DIH Holding US's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -0.78/( (23.628+18.204)/ 2 )
=-1  *  -0.78/20.916
=3.73 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.806 + 18.822
=23.628

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.459 + 15.745
=18.204

* 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 one times the annual (Mar. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

DIH Holding US  (NAS:DHAI) Effective Interest Rate on Debt % Explanation

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

DIH Holding US Effective Interest Rate on Debt % Related Terms

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DIH Holding US (DIH Holding US) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » DIH Holding US Inc (NAS:DHAI) » Definitions » Effective Interest Rate on Debt %
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Traded in Other Exchanges
N/A
Address
77 Accord Park Drive, Suite D-1, Norwell, MA, USA, 02061
Website
https://www.dih.com
DIH Holding US Inc is a global solution provider in blending innovative robotic and virtual reality (VR) technologies with clinical integration and insights. It is positioning itself as a transformative total smart solutions provider and consolidator in a largely fragmented and manual-labor-driven industry.

DIH Holding US (DIH Holding US) Headlines

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