Mustek (JSE:MST) Effective Interest Rate on Debt % : 14.78% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Mustek 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. Mustek's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was R230 Mil. Mustek's average total debt for the quarter that ended in Dec. 2023 was R1,558 Mil. Therefore, Mustek's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 14.78%.

Mustek Effective Interest Rate on Debt % Historical Data

The historical data trend for Mustek'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.

Mustek Effective Interest Rate on Debt % Chart

Mustek Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.95

7.67

9.64

6.70

7.70

Mustek Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															43.32	8.07	10.76	12.60	14.78

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

For the Computer Hardware subindustry, Mustek'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.

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

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

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

Mustek Effective Interest Rate on Debt % Calculation

Mustek's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -174.532	/	( (2133.224	+	2400.501)	/ 2 )
=	-1 * -174.532	/	2266.8625
=	7.70 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	77.333	+	2055.891
=	2133.224

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	72.24	+	2328.261
=	2400.501

Mustek's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -230.366	/	( (2400.501	+	716.07)	/ 2 )
=	-1 * -230.366	/	1558.2855
=	14.78 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	72.24	+	2328.261
=	2400.501

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66.054	+	650.016
=	716.07

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mustek (JSE:MST) Effective Interest Rate on Debt % Explanation

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

Mustek Effective Interest Rate on Debt % Related Terms

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

Mustek (JSE:MST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mustek Ltd (JSE:MST) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

322 15th Road, Randjespark, Midrand, GT, ZAF, 1685

Website

https://www.mustek.co.za

Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segment includes Mustek; Rectron; MIE and Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes training provider of accredited training programmes and the group includes investments in associates and other investments and loans. Geographically, operates through the region of South Africa. It derives substantial part of its revenue from the Mustek segment.