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NVTS (Navitas Semiconductor) Effective Interest Rate on Debt % : 2.16% (As of Dec. 2024)


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What is Navitas Semiconductor 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. Navitas Semiconductor's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.16 Mil. Navitas Semiconductor's average total debt for the quarter that ended in Dec. 2024 was $7.59 Mil. Therefore, Navitas Semiconductor's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 2.16%.


Navitas Semiconductor Effective Interest Rate on Debt % Historical Data

The historical data trend for Navitas Semiconductor'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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Navitas Semiconductor Effective Interest Rate on Debt % Chart

Navitas Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
3.95 3.99 - - 1.89

Navitas Semiconductor Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.11 - 3.53 1.95 2.16

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

For the Semiconductors subindustry, Navitas Semiconductor'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.


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

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

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


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Navitas Semiconductor Effective Interest Rate on Debt % Calculation

Navitas Semiconductor's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.15/( (8.545+7.32)/ 2 )
=-1  *  -0.15/7.9325
=1.89 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.653 + 1.892
=8.545

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.553 + 1.767
=7.32

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.164/( (7.861+7.32)/ 2 )
=-1  *  -0.164/7.5905
=2.16 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.993 + 1.868
=7.861

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.553 + 1.767
=7.32

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


Navitas Semiconductor  (NAS:NVTS) Effective Interest Rate on Debt % Explanation

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


Navitas Semiconductor Effective Interest Rate on Debt % Related Terms

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Navitas Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
3520 Challenger Street, Torrance, CA, USA, 90503-1640
Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company operates as one reportable segment, the design, development, manufacture, and marketing of integrated circuits and related components for use in mobile device and other markets. Geographically, the company operates in China, Europe, United States, Rest of Asia and Others. The majority of revenue is generated from China.
Executives
Todd Glickman officer: Interim Chf Financial Officer C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Ranbir Singh 10 percent owner, officer: EVP, GeneSic Business 2101 E. EL SEGUNDO BLVD., STE. 205, EL SEGUNDO CA 90245
Wunderlich Gary Kent Jr director CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367
Richard J Hendrix director 1300 NORTH 17TH STREET, ARLINGTON VA 22209
Eugene Sheridan director, officer: Chief Executive Officer C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE CA 90503-1640
Daniel M. Kinzer director, officer: Chief Oprtng and Tech Officer C/O CORP SEC, FAIRCHILD SEMICONDUCTOR, 82 RUNNING HILL RD., S. PORTLAND ME 04106
David Moxam director C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Ron Shelton officer: Sr VP, CFO and Treasurer
Sicpower, Llc 10 percent owner C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Malibuiq, Llc 10 percent owner 21245 SMITH ROAD, COVINGTON LA 70435
Brian Long director
Atalaya Capital Management Lp 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Lp 10 percent owner ONE ROCKEFELLER PLAZA, NEW YORK NY 10710
Acm Asof Vii (cayman) Holdco Lp 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022