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. FTC Solar's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $15.58 Mil. FTC Solar's average total debt for the quarter that ended in Mar. 2026 was $23.49 Mil. Therefore, FTC Solar's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 66.34%.
FTC Solar (NAS:FTCI) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
FTC Solar Effective Interest Rate on Debt % Related Terms
FTC Solar Effective Interest Rate on Debt % Historical Data
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The historical data trend for FTC Solar'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.
FTCI vs SPWR, PN, SPRU: Effective Interest Rate on Debt % Comparison
For the Solar subindustry, FTC Solar'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.
FTC Solar Effective Interest Rate on Debt % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where FTC Solar's Effective Interest Rate on Debt % falls into.
* 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.
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. 2026) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
What does a Effective Interest Rate on Debt % of 66.34% mean?
FTC Solar (FTCI) has a Effective Interest Rate on Debt % of 66.34% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on FTC Solar and its competitors.
Is FTC Solar's Effective Interest Rate on Debt % too high?
FTC Solar's current Effective Interest Rate on Debt % is 66.34%. Overall, FTC Solar has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Effective Interest Rate on Debt % compare to SPWR and PN?
FTC Solar's Effective Interest Rate on Debt % of 66.34% can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Semiconductors company?
A good Effective Interest Rate on Debt % depends on the Semiconductors industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on FTC Solar and its competitors. FTC Solar's current Effective Interest Rate on Debt % is 66.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Fairly Valued. The stock's GF Value™ is $5.53, compared to a current price of $5.37 — trading 2.9% below its estimated fair value. The current Effective Interest Rate on Debt % is 66.34%. FTC Solar's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For FTC Solar (FTCI), the current Effective Interest Rate on Debt % is 66.34% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FTC Solar (FTCI) Overvalued in 2026?
Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued.
The current stock price of $5.37 is trading 2.9% below its estimated GF Value™ of $5.53.
GuruFocus considers FTC Solar to be Fairly Valued.
Key valuation signals for FTCI:
Effective Interest Rate on Debt %: 66.34%
GF Value™: $5.53 vs. price of $5.37 (2.9% below fair value)
No single metric tells the full story. See the FTCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
62GF Score
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