GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ensurge Micropower ASA (OSTO:THINO) » Definitions » Effective Interest Rate on Debt %

Ensurge Micropower ASA (OSTO:THINO) Effective Interest Rate on Debt % : 15.80% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ensurge Micropower ASA 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. Ensurge Micropower ASA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was kr26.62 Mil. Ensurge Micropower ASA's average total debt for the quarter that ended in Mar. 2024 was kr168.48 Mil. Therefore, Ensurge Micropower ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 15.80%.


Ensurge Micropower ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for Ensurge Micropower ASA'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.

Ensurge Micropower ASA Effective Interest Rate on Debt % Chart

Ensurge Micropower ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.81 11.67 13.53 19.47 20.52

Ensurge Micropower ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 21.89 23.76 18.28 15.10 15.80

Competitive Comparison of Ensurge Micropower ASA's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Ensurge Micropower ASA'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.


Ensurge Micropower ASA's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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



Ensurge Micropower ASA Effective Interest Rate on Debt % Calculation

Ensurge Micropower ASA'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  *  -36.269/( (181.745+171.723)/ 2 )
=-1  *  -36.269/176.734
=20.52 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160.147 + 21.598
=181.745

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.959 + 31.764
=171.723

Ensurge Micropower ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -26.616/( (171.723+165.241)/ 2 )
=-1  *  -26.616/168.482
=15.80 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=139.959 + 31.764
=171.723

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=131.877 + 33.364
=165.241

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


Ensurge Micropower ASA  (OSTO:THINO) Effective Interest Rate on Debt % Explanation

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


Ensurge Micropower ASA Effective Interest Rate on Debt % Related Terms

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


Ensurge Micropower ASA (OSTO:THINO) Business Description

Industry
Traded in Other Exchanges
Address
C/o House of Business, Fridtjof Nansens Plass 4, Oslo, NOR, 0160
Ensurge Micropower ASA is Energizing Innovation with ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Thinfilm's solid-state lithium battery (SSLB) technology is positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications. The company's flexible electronics manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials with the scale of roll-to-roll production methods to bring the advantages of SSLB technology to established and expanding markets.

Ensurge Micropower ASA (OSTO:THINO) Headlines

No Headlines