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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. Immersion's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was $17 Mil. Immersion's average total debt for the quarter that ended in Jan. 2025 was $351 Mil. Therefore, Immersion's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 4.74%.
The historical data trend for Immersion'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.
Immersion Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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Immersion Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Oct24 | Jan25 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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- | - | 0.91 | 4.69 | 4.74 |
For the Software - Application subindustry, Immersion'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.
For the Software industry and Technology sector, Immersion's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Immersion's Effective Interest Rate on Debt % falls into.
Immersion'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 * 0 | / | ( (0.486 | + | 0.039) | / 2 ) |
= | -1 * 0 | / | 0.2625 | |||
= | 0.00 % |
where
Total Debt (A: Dec. 2022 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0 | + | 0.486 |
= | 0.486 |
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 0 | + | 0.039 |
= | 0.039 |
Immersion's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Oct. 2024 ) | + | Total Debt (Q: Jan. 2025 )) | / count ) |
= | -1 * -16.668 | / | ( (380.571 | + | 322.142) | / 2 ) |
= | -1 * -16.668 | / | 351.3565 | |||
= | 4.74 % |
where
Total Debt (Q: Oct. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 291.841 | + | 88.73 |
= | 380.571 |
Total Debt (Q: Jan. 2025 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 247.668 | + | 74.474 |
= | 322.142 |
* 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 (Jan. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Immersion (NAS:IMMR) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Immersion's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
William C Martin | officer: Chief Strategy Officer | C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553 |
Childress Frederick Wasch | director | 330 TOWNSEND STREET, SUITE 234, SAN FRANCISCO CA 94107 |
Eric Singer | 10 percent owner | 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160 |
J Michael Dodson | officer: Chief Financial Officer | 1220 N. SIMON CIRCLE, ANAHEIM CA 92806 |
Elias Nader | director | 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035 |
Aaron Akerman | officer: Chief Financial Officer | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Emily Hoffman | director | 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180 |
Francis Jose | officer: General Counsel | 385 RIVER OAKS PARKWAY, APT # 2106, SAN JOSE CA 95134 |
Sumit Agarwal | director | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Mary Dotz | director | 280 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043 |
Jared Smith | officer: Interim CEO/VP Worldwide Sales | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Viex Special Opportunities Fund Ii, Lp | 10 percent owner | C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022 |
Michael Rudolf Okada | officer: General Counsel | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Viex Opportunities Fund, Lp Series One | 10 percent owner | C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022 |
Sharon E Holt | director | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
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