GLOBALFOUNDRIES (MEX:GFS) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is GLOBALFOUNDRIES 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. GLOBALFOUNDRIES's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was MXN0 Mil. GLOBALFOUNDRIES's average total debt for the quarter that ended in Sep. 2024 was MXN50,435 Mil. Therefore, GLOBALFOUNDRIES's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.

GLOBALFOUNDRIES Effective Interest Rate on Debt % Historical Data

The historical data trend for GLOBALFOUNDRIES'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.

GLOBALFOUNDRIES Effective Interest Rate on Debt % Chart

GLOBALFOUNDRIES Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.24

4.52

3.84

3.39

3.35

GLOBALFOUNDRIES Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Semiconductors subindustry, GLOBALFOUNDRIES'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.

GLOBALFOUNDRIES's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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

GLOBALFOUNDRIES Effective Interest Rate on Debt % Calculation

GLOBALFOUNDRIES'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 * -1714.399	/	( (55680.576	+	46747.079)	/ 2 )
=	-1 * -1714.399	/	51213.8275
=	3.35 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49870.768	+	5809.808
=	55680.576

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36511.607	+	10235.472
=	46747.079

GLOBALFOUNDRIES'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 * 0	/	( (50435.244	+	0)	/ 1 )
=	-1 * 0	/	50435.244
=	0.00 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39058.46	+	11376.784
=	50435.244

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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.

GLOBALFOUNDRIES (MEX:GFS) Effective Interest Rate on Debt % Explanation

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

GLOBALFOUNDRIES Effective Interest Rate on Debt % Related Terms

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

GLOBALFOUNDRIES Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GLOBALFOUNDRIES Inc (MEX:GFS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GFS:USA 76J:Germany

Address

400 Stonebreak Road Extension, Malta, NY, USA, 12020

Website

https://www.gf.com

GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 12,000 people.