GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tecstar Technology Co Ltd (ROCO:3117) » Definitions » Effective Interest Rate on Debt %

Tecstar Technology Co (ROCO:3117) Effective Interest Rate on Debt % : 3.43% (As of Dec. 2023)


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

What is Tecstar Technology Co 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. Tecstar Technology Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was NT$14.8 Mil. Tecstar Technology Co's average total debt for the quarter that ended in Dec. 2023 was NT$432.8 Mil. Therefore, Tecstar Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.43%.


Tecstar Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Tecstar Technology Co'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.

Tecstar Technology Co Effective Interest Rate on Debt % Chart

Tecstar Technology Co 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 2.61 2.59 2.88 3.16 3.40

Tecstar Technology Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.91 2.97 3.24 3.31 3.43

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

For the Electronic Components subindustry, Tecstar Technology Co'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.


Tecstar Technology Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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



Tecstar Technology Co Effective Interest Rate on Debt % Calculation

Tecstar Technology Co'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  *  -15.331/( (496.595+405.33)/ 2 )
=-1  *  -15.331/450.9625
=3.40 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=256.623 + 239.972
=496.595

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=215.624 + 189.706
=405.33

Tecstar Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -14.826/( (460.271+405.33)/ 2 )
=-1  *  -14.826/432.8005
=3.43 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=243.247 + 217.024
=460.271

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=215.624 + 189.706
=405.33

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Tecstar Technology Co  (ROCO:3117) Effective Interest Rate on Debt % Explanation

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


Tecstar Technology Co Effective Interest Rate on Debt % Related Terms

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


Tecstar Technology Co (ROCO:3117) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ln. 863, Gaoshi Rd, 326 No.32, Taoyuan, TWN, 32668
Tecstar Technology Co Ltd is engaged in the production and distribution of multilayer chips and iron cores in Taiwan. It offers multilayer chip beads and inductors, SMD power inductors and EMI beads, and Ni-Zn soft ferrite cores.

Tecstar Technology Co (ROCO:3117) Headlines

No Headlines