Mytrex Health Technologies (ROCO:4431) Effective Interest Rate on Debt % : 1.61% (As of Dec. 2023)

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What is Mytrex Health Technologies 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. Mytrex Health Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was NT$5 Mil. Mytrex Health Technologies's average total debt for the quarter that ended in Dec. 2023 was NT$325 Mil. Therefore, Mytrex Health Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.61%.

Mytrex Health Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for Mytrex Health Technologies'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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Mytrex Health Technologies Effective Interest Rate on Debt % Chart

Mytrex Health Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.47

1.33

1.37

2.70

1.90

Mytrex Health Technologies 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															2.38	7.55	2.78	2.21	1.61

Competitive Comparison of Mytrex Health Technologies's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Mytrex Health Technologies'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.

Mytrex Health Technologies's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Mytrex Health Technologies's Effective Interest Rate on Debt % falls into.

Mytrex Health Technologies Effective Interest Rate on Debt % Calculation

Mytrex Health Technologies'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 * -6.241	/	( (331.529	+	326.335)	/ 2 )
=	-1 * -6.241	/	328.932
=	1.90 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	144.499	+	187.03
=	331.529

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	120.698	+	205.637
=	326.335

Mytrex Health Technologies'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 * -5.228	/	( (323.93	+	326.335)	/ 2 )
=	-1 * -5.228	/	325.1325
=	1.61 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	140.415	+	183.515
=	323.93

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	120.698	+	205.637
=	326.335

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.

Mytrex Health Technologies (ROCO:4431) Effective Interest Rate on Debt % Explanation

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

Mytrex Health Technologies Effective Interest Rate on Debt % Related Terms

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Mytrex Health Technologies (ROCO:4431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mytrex Health Technologies Inc (ROCO:4431) » Definitions » Effective Interest Rate on Debt %

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Address

No. 545, Sec. 2, Hezun North Road, Zhongli District, Taoyuan, TWN, 32060

Website

http://www.mytrex.com.tw

Mytrex Health Technologies Inc is a Taiwan-based company engaged in the manufacturing of non-woven materials and special medical supplies. It is engaged in the development and production of melt-blown products for the protection of the environment and human health. The company offers products ranging from medical to industrial filtration materials such as various types of filtration media, lab coats or outfits, cabin filtration, vacuum cleaner filter bags, and special medical supplies. Its product categories include meltdown, mammoth bedding, and specialized medical supplies like balloon catheters and coronary stents.

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