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Amte Power (LSE:AMTE) Effective Interest Rate on Debt % : 18.75% (As of Dec. 2022)


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What is Amte Power 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. Amte Power's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was £0.42 Mil. Amte Power's average total debt for the quarter that ended in Dec. 2022 was £2.23 Mil. Therefore, Amte Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 18.75%.

Amte Power Effective Interest Rate on Debt % Historical Data

The historical data trend for Amte Power'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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Amte Power Effective Interest Rate on Debt % Chart

Amte Power Annual Data
Trend Mar18 Mar19 Jun21 Jun22
Effective Interest Rate on Debt %
16.67 28.95 35.23 22.37

Amte Power Semi-Annual Data
Mar18 Mar19 Dec20 Jun21 Dec21 Jun22 Dec22
Effective Interest Rate on Debt % Get a 7-Day Free Trial 40.26 17.04 22.92 23.15 18.75

Competitive Comparison of Amte Power's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Amte Power'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.

Amte Power's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amte Power's Effective Interest Rate on Debt % distribution charts can be found below:

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


Amte Power Effective Interest Rate on Debt % Calculation

Amte Power's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2021 )+Total Debt  (A: Jun. 2022 ))/ count )
=-1  *  -0.241/( (1.097+1.058)/ 2 )
=-1  *  -0.241/1.0775
=22.37 %

where

Total Debt  (A: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.929 + 0.168
=1.097

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.824 + 0.234
=1.058

Amte Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -0.418/( (1.058+3.4)/ 2 )
=-1  *  -0.418/2.229
=18.75 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.824 + 0.234
=1.058

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.024 + 0.376
=3.4

* 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 two times the semi-annual (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Amte Power  (LSE:AMTE) Effective Interest Rate on Debt % Explanation

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

Amte Power Effective Interest Rate on Debt % Related Terms

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Amte Power (LSE:AMTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amte Power PLC (LSE:AMTE) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
LSE:DGI SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540 SZSE:300014 SHSE:603195 MIL:PRY SHSE:600089 BOM:517354 BOM:542652 TSE:6506 NVT BOM:500093
Traded in Other Exchanges
9FO:Germany
Address
Denchi House, Thurso Business Park, Thurso, Caithness, SCT, KW14 7XW
Website
https://www.amtepower.com
Amte Power PLC is developing a portfolio of differentiated, lithium-ion and lithium-ion derivative battery cells. The products of the company include Ultra High-Power (UHP), Ultra Energy (UE), Ultra Safe (US), and Ultra Prime (UPr) among others. It is operated mainly in the United Kingdom.

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