BrainChip Holdings (FRA:24YA) Effective Interest Rate on Debt % : 2.74% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is BrainChip 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. BrainChip Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €0.04 Mil. BrainChip Holdings's average total debt for the quarter that ended in Dec. 2023 was €1.61 Mil. Therefore, BrainChip Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.74%.

BrainChip Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for BrainChip 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.

* Premium members only.

BrainChip Holdings Effective Interest Rate on Debt % Chart

BrainChip Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

100.18

658.38

2.46

4.65

8.08

BrainChip Holdings 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															4.53	3.93	5.22	13.38	2.74

Competitive Comparison of BrainChip Holdings's Effective Interest Rate on Debt %

For the Semiconductors subindustry, BrainChip 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.

BrainChip Holdings's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, BrainChip Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

BrainChip Holdings Effective Interest Rate on Debt % Calculation

BrainChip Holdings'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 * -0.141	/	( (1.932	+	1.556)	/ 2 )
=	-1 * -0.141	/	1.744
=	8.08 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.564	+	0.368
=	1.932

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.115	+	0.441
=	1.556

BrainChip Holdings'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 * -0.044	/	( (1.655	+	1.556)	/ 2 )
=	-1 * -0.044	/	1.6055
=	2.74 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.264	+	0.391
=	1.655

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.115	+	0.441
=	1.556

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.

BrainChip Holdings (FRA:24YA) Effective Interest Rate on Debt % Explanation

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

BrainChip Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of BrainChip Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

BrainChip Holdings (FRA:24YA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » BrainChip Holdings Ltd (FRA:24YA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

BCHPY:USA BRCHF:USA 24Y:Germany BRN:Australia

Address

Level 12, 225 George Street, Sydney, NSW, AUS, 2000

Website

https://www.brainchipinc.com

BrainChip Holdings Ltd is engaged in neuromorphic computing. Neuromorphic computing is a branch of artificial intelligence (AI) that simulates the functionality of the human neuron. The company has developed a revolutionary spiking neural network (SNN) technology, a type of neuromorphic computing that learns autonomously, evolves, and associates information just like the human brain. It operates through one segment namely, the technological development of designs. The company's products include Akida IP, Meta TF, Akida1000, and others.

BrainChip Holdings (FRA:24YA) Headlines

No Headlines