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Ablerex Electronics Co (ROCO:3628) Effective Interest Rate on Debt % : 1.69% (As of Mar. 2024)


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What is Ablerex Electronics 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. Ablerex Electronics Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was NT$10 Mil. Ablerex Electronics Co's average total debt for the quarter that ended in Mar. 2024 was NT$617 Mil. Therefore, Ablerex Electronics Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.69%.


Ablerex Electronics Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Ablerex Electronics 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.

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Ablerex Electronics Co Effective Interest Rate on Debt % Chart

Ablerex Electronics 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 1.54 1.29 1.04 1.60 2.08

Ablerex Electronics Co 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 2.19 2.15 1.94 2.00 1.69

Competitive Comparison of Ablerex Electronics Co's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Ablerex Electronics 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.


Ablerex Electronics Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Ablerex Electronics Co Effective Interest Rate on Debt % Calculation

Ablerex Electronics 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  *  -13.656/( (732.811+577.885)/ 2 )
=-1  *  -13.656/655.348
=2.08 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.492 + 709.319
=732.811

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.892 + 566.993
=577.885

Ablerex Electronics Co'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  *  -10.452/( (577.885+655.66)/ 2 )
=-1  *  -10.452/616.7725
=1.69 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.892 + 566.993
=577.885

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.857 + 609.803
=655.66

* 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.


Ablerex Electronics Co  (ROCO:3628) Effective Interest Rate on Debt % Explanation

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


Ablerex Electronics Co Effective Interest Rate on Debt % Related Terms

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Ablerex Electronics Co (ROCO:3628) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 7, Baogao Road, 1st Floor, New Taipei, Xindian District, Taipei, TWN, 23144
Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supplies, and power quality devices. Its operating segment includes First Business Division; Second Business Division; Technical Services Division and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring, and management system, and active power filter.

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