GCTS (GCT Semiconductor Holding) Effective Interest Rate on Debt % : 6.12% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is GCT Semiconductor Holding 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. GCT Semiconductor Holding's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $2.67 Mil. GCT Semiconductor Holding's average total debt for the quarter that ended in Sep. 2024 was $43.59 Mil. Therefore, GCT Semiconductor Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.12%.

GCT Semiconductor Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for GCT Semiconductor Holding'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.

GCT Semiconductor Holding Effective Interest Rate on Debt % Chart

GCT Semiconductor Holding Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

5.31

4.32

8.31

GCT Semiconductor Holding Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					6.48	7.05	12.66	6.34	6.12

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

For the Semiconductors subindustry, GCT Semiconductor Holding'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.

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

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

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

GCT Semiconductor Holding Effective Interest Rate on Debt % Calculation

GCT Semiconductor Holding'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 * -6.246	/	( (70.337	+	80.072)	/ 2 )
=	-1 * -6.246	/	75.2045
=	8.31 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.595	+	49.742
=	70.337

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.089	+	72.983
=	80.072

GCT Semiconductor Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -2.668	/	( (44.449	+	42.739)	/ 2 )
=	-1 * -2.668	/	43.594
=	6.12 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.163	+	39.286
=	44.449

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.188	+	37.551
=	42.739

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

GCT Semiconductor Holding (NYSE:GCTS) Effective Interest Rate on Debt % Explanation

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

GCT Semiconductor Holding Effective Interest Rate on Debt % Related Terms

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

GCT Semiconductor Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCT Semiconductor Holding Inc (NYSE:GCTS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131

Website

https://www.gctsemi.com

GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.