Scott Technology (NZSE:SCT) Effective Interest Rate on Debt % : 13.60% (As of Feb. 2025)

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What is Scott Technology 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. Scott Technology's annualized positive value of Interest Expense for the quarter that ended in Feb. 2025 was NZ$4.4 Mil. Scott Technology's average total debt for the quarter that ended in Feb. 2025 was NZ$32.2 Mil. Therefore, Scott Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 was 13.60%.

Scott Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Scott Technology'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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Scott Technology Effective Interest Rate on Debt % Chart

Scott Technology Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Effective Interest Rate on Debt %

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7.12

5.97

6.26

7.25

9.77

Scott Technology Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.21	7.51	9.16	7.73	13.60

Competitive Comparison of Scott Technology's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Scott Technology'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.

Scott Technology's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

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Scott Technology Effective Interest Rate on Debt % Calculation

Scott Technology's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Aug. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Aug. 2023 )	+	Total Debt (A: Aug. 2024 ))	/ count )
=	-1 * -4.557	/	( (34.886	+	58.385)	/ 2 )
=	-1 * -4.557	/	46.6355
=	9.77 %

where

	Total Debt (A: Aug. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20.926	+	13.96
=	34.886

	Total Debt (A: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33.526	+	24.859
=	58.385

Scott Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Feb. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Aug. 2024 )	+	Total Debt (Q: Feb. 2025 ))	/ count )
=	-1 * -4.384	/	( (58.385	+	6.077)	/ 2 )
=	-1 * -4.384	/	32.231
=	13.60 %

where

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	33.526	+	24.859
=	58.385

	Total Debt (Q: Feb. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	6.077
=	6.077

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 (Feb. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Scott Technology (NZSE:SCT) Effective Interest Rate on Debt % Explanation

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

Scott Technology Effective Interest Rate on Debt % Related Terms

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Scott Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Scott Technology Ltd (NZSE:SCT) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

630 Kaikorai Valley Road, Dunedin, OTA, NZL, 9011

Website

https://www.scottautomation.com

Scott Technology Ltd is a robotics and automation company. It designs and manufactures automated production, robotics, and process machinery. The firm provides products and solutions to the industries such as meat processing; industrial automation and robotics; appliances; mining; and others. Its business segments are New Zealand manufacturing, Australia manufacturing; Rocklabs manufacturing Americas manufacturing; Europe manufacturing; and China manufacturing. Maximum revenue is generated from the Americas manufacturing segment. The group operates in New Zealand, North America, Australia, South America, Asia, Russia and former states, Africa and the Middle East, and Other Europe.