E I L Holdings (E I L Holdings) Effective Interest Rate on Debt % : 5.93% (As of Jun. 2023)

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What is E I L Holdings 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. E I L Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $1.70 Mil. E I L Holdings's average total debt for the quarter that ended in Jun. 2023 was $28.60 Mil. Therefore, E I L Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 5.93%.

E I L Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for E I L Holdings'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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E I L Holdings Effective Interest Rate on Debt % Chart

E I L Holdings Annual Data

Trend

Dec21

Dec22

Effective Interest Rate on Debt %

2.20

3.79

E I L Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	-	3.05	4.29	5.93

Competitive Comparison of E I L Holdings's Effective Interest Rate on Debt %

For the Electronic Components subindustry, E I L Holdings'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.

E I L Holdings's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, E I L Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where E I L Holdings's Effective Interest Rate on Debt % falls into.

E I L Holdings Effective Interest Rate on Debt % Calculation

E I L Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.899	/	( (19.316	+	28.079)	/ 2 )
=	-1 * -0.899	/	23.6975
=	3.79 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.569	+	17.747
=	19.316

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.59	+	24.489
=	28.079

E I L Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -1.696	/	( (28.079	+	29.115)	/ 2 )
=	-1 * -1.696	/	28.597
=	5.93 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.59	+	24.489
=	28.079

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.064	+	25.051
=	29.115

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

E I L Holdings (NAS:EIL) Effective Interest Rate on Debt % Explanation

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

E I L Holdings Effective Interest Rate on Debt % Related Terms

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E I L Holdings (E I L Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E I L Holdings Ltd (NAS:EIL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit A, 17/F, Mai Wah Industrial Building, 1-7 Wah Sing Street, Kwai Chung, Hong Kong, HKG

Website

E I L Holdings Ltd is a company principally engaged in the supply of electronic components and sensors to our customers and have positioned themselves as a value-added electronic component, sensor and engineering solutions provider able to provide sensors and components, engineering solutions and reference design, consultation of application feasibility study and professional logistics services in bridging customers and electronic component producers in the electronics industry.

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