AstroNova (FRA:AZO) Effective Interest Rate on Debt % : 12.10% (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is AstroNova 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. AstroNova's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was €2.9 Mil. AstroNova's average total debt for the quarter that ended in Jan. 2024 was €23.6 Mil. Therefore, AstroNova's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 12.10%.

AstroNova Effective Interest Rate on Debt % Historical Data

The historical data trend for AstroNova'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.

AstroNova Effective Interest Rate on Debt % Chart

AstroNova Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.39

4.61

4.96

8.25

10.06

AstroNova Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.85	7.98	9.23	9.22	12.10

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

For the Computer Hardware subindustry, AstroNova'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.

AstroNova's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

AstroNova Effective Interest Rate on Debt % Calculation

AstroNova's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2023 )	+	Total Debt (A: Jan. 2024 ))	/ count )
=	-1 * -2.476	/	( (28.647	+	20.6)	/ 2 )
=	-1 * -2.476	/	24.6235
=	10.06 %

where

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.688	+	16.959
=	28.647

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.607	+	10.993
=	20.6

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -2.856	/	( (26.609	+	20.6)	/ 2 )
=	-1 * -2.856	/	23.6045
=	12.10 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.942	+	16.667
=	26.609

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.607	+	10.993
=	20.6

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

AstroNova (FRA:AZO) Effective Interest Rate on Debt % Explanation

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

AstroNova Effective Interest Rate on Debt % Related Terms

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

AstroNova (FRA:AZO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AstroNova Inc (FRA:AZO) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ALOT:USA AZO:Germany

Address

600 East Greenwich Avenue, West Warwick, RI, USA, 02893

Website

https://www.astronovainc.com

AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test & Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.