Indie Semiconductor (FRA:48H) Effective Interest Rate on Debt % : 4.15% (As of Mar. 2024)

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What is Indie Semiconductor 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. Indie Semiconductor's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €6.8 Mil. Indie Semiconductor's average total debt for the quarter that ended in Mar. 2024 was €164.7 Mil. Therefore, Indie Semiconductor's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.15%.

Indie Semiconductor Effective Interest Rate on Debt % Historical Data

The historical data trend for Indie Semiconductor'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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Indie Semiconductor Effective Interest Rate on Debt % Chart

Indie Semiconductor Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

10.53

9.10

1.34

4.22

Indie Semiconductor Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											4.22	4.95	4.63	4.23	4.15

Competitive Comparison of Indie Semiconductor's Effective Interest Rate on Debt %

For the Semiconductor Equipment & Materials subindustry, Indie Semiconductor'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.

Indie Semiconductor's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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

Indie Semiconductor Effective Interest Rate on Debt % Calculation

Indie Semiconductor'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 * -7.02	/	( (173.194	+	159.873)	/ 2 )
=	-1 * -7.02	/	166.5335
=	4.22 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	156.528	+	16.666
=	173.194

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	153.675	+	6.198
=	159.873

Indie Semiconductor'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 * -6.832	/	( (159.873	+	169.443)	/ 2 )
=	-1 * -6.832	/	164.658
=	4.15 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	153.675	+	6.198
=	159.873

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	154.794	+	14.649
=	169.443

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.

Indie Semiconductor (FRA:48H) Effective Interest Rate on Debt % Explanation

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

Indie Semiconductor Effective Interest Rate on Debt % Related Terms

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Indie Semiconductor (FRA:48H) Business Description

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INDI:USA 48H:Germany

Address

32 Journey, Aliso Viejo, CA, USA, 92656

Website

https://www.indiesemi.com

Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.

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