AZ Electronic Materials (FRA:OAZ) Effective Interest Rate on Debt % : 3.63% (As of Dec. 2013)

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What is AZ Electronic Materials 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. AZ Electronic Materials's annualized positive value of Interest Expense for the quarter that ended in Dec. 2013 was €10.2 Mil. AZ Electronic Materials's average total debt for the quarter that ended in Dec. 2013 was €281.7 Mil. Therefore, AZ Electronic Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 was 3.63%.

AZ Electronic Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for AZ Electronic Materials'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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AZ Electronic Materials Effective Interest Rate on Debt % Chart

AZ Electronic Materials Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Effective Interest Rate on Debt %

2.96

3.47

5.03

3.22

3.55

AZ Electronic Materials Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			4.10	3.03	3.15	3.42	3.63

Competitive Comparison of AZ Electronic Materials's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, AZ Electronic Materials'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.

AZ Electronic Materials's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AZ Electronic Materials's Effective Interest Rate on Debt % distribution charts can be found below:

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

AZ Electronic Materials Effective Interest Rate on Debt % Calculation

AZ Electronic Materials's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2012 )	+	Total Debt (A: Dec. 2013 ))	/ count )
=	-1 * -10.074	/	( (304.038	+	263.895)	/ 2 )
=	-1 * -10.074	/	283.9665
=	3.55 %

where

	Total Debt (A: Dec. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	299.314	+	4.724
=	304.038

	Total Debt (A: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	232.943	+	30.952
=	263.895

AZ Electronic Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2013 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2013 )	+	Total Debt (Q: Dec. 2013 ))	/ count )
=	-1 * -10.22	/	( (299.562	+	263.895)	/ 2 )
=	-1 * -10.22	/	281.7285
=	3.63 %

where

	Total Debt (Q: Jun. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	280.915	+	18.647
=	299.562

	Total Debt (Q: Dec. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	232.943	+	30.952
=	263.895

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. 2013) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

AZ Electronic Materials (FRA:OAZ) Effective Interest Rate on Debt % Explanation

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

AZ Electronic Materials Effective Interest Rate on Debt % Related Terms

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AZ Electronic Materials (FRA:OAZ) Business Description

Industry

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Address

Website

http://www.azem.com

AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

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