Hengs Technology Co (ROCO:4582) Effective Interest Rate on Debt % : 3.13% (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Hengs 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. Hengs Technology Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was NT$25 Mil. Hengs Technology Co's average total debt for the quarter that ended in Jun. 2024 was NT$800 Mil. Therefore, Hengs Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 3.13%.

Hengs Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hengs 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.

Hengs Technology Co Effective Interest Rate on Debt % Chart

Hengs Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.95

4.19

3.21

2.82

2.92

Hengs Technology Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										2.34	3.12	2.87	3.33	3.13

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

For the Solar subindustry, Hengs 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.

Hengs Technology Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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

Hengs Technology Co Effective Interest Rate on Debt % Calculation

Hengs 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 * -37.699	/	( (1618.54	+	960.65)	/ 2 )
=	-1 * -37.699	/	1289.595
=	2.92 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1576.867	+	41.673
=	1618.54

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	917.521	+	43.129
=	960.65

Hengs Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -25.066	/	( (960.65	+	639.8)	/ 2 )
=	-1 * -25.066	/	800.225
=	3.13 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	917.521	+	43.129
=	960.65

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	588.048	+	51.752
=	639.8

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

Hengs Technology Co (ROCO:4582) Effective Interest Rate on Debt % Explanation

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

Hengs Technology Co Effective Interest Rate on Debt % Related Terms

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

Hengs Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hengs Technology Co Ltd (ROCO:4582) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 168, Yongke Ring Road, Yongkang District, Tainan, TWN, 710

Website

http://www.hengs.com

Hengs Technology Co Ltd is a Taiwan-based company engaged in the development of the solar power system. The product portfolio of the company includes Solar Pump Package, Solar Outdoor Lighting, Solar Mounting Rack, PV Module, and Battery among others. The main business projects include energy technical service engineering, electronic equipment retail and wholesale, other machinery and lighting equipment manufacturing, international trade, etc.

Hengs Technology Co Headlines

No Headlines