GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Grand-Tek Technology Co Ltd (ROCO:3684) » Definitions » Effective Interest Rate on Debt %

Grand-Tek Technology Co (ROCO:3684) Effective Interest Rate on Debt % : 1.89% (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Grand-Tek 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. Grand-Tek Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was NT$2.7 Mil. Grand-Tek Technology Co's average total debt for the quarter that ended in Mar. 2025 was NT$144.6 Mil. Therefore, Grand-Tek Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.89%.


Grand-Tek Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Grand-Tek 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.

Grand-Tek Technology Co Effective Interest Rate on Debt % Chart

Grand-Tek 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 1.77 1.43 1.77 1.89 2.34

Grand-Tek Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 2.31 2.27 2.31 2.40 1.89

Competitive Comparison of Grand-Tek Technology Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Grand-Tek 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.


Grand-Tek Technology Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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


;
;

Grand-Tek Technology Co Effective Interest Rate on Debt % Calculation

Grand-Tek 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  *  -4.08/( (184.538+163.523)/ 2 )
=-1  *  -4.08/174.0305
=2.34 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160.849 + 23.689
=184.538

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=138.685 + 24.838
=163.523

Grand-Tek Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -2.728/( (148.804+140.304)/ 2 )
=-1  *  -2.728/144.554
=1.89 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122.596 + 26.208
=148.804

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=94.993 + 45.311
=140.304

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


Grand-Tek Technology Co  (ROCO:3684) Effective Interest Rate on Debt % Explanation

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


Grand-Tek Technology Co Effective Interest Rate on Debt % Related Terms

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


Grand-Tek Technology Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bao Ciao Road, Sin Dian District, 3rd Floor, No 4, Lane 235, New Taipei City, TWN, 23145
Grand-Tek Technology Co Ltd is an engaged in the design and manufacturing of electronic components. The company provides cable assemblies. Its products include RF and DATA, Outdoor Protection, Outdoor Unit, Telematrics Antenna, and TQSC System Technology.

Grand-Tek Technology Co Headlines

No Headlines