Luminescence Technology (ROCO:6729) Effective Interest Rate on Debt % : 1.68% (As of Jun. 2024)

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What is Luminescence Technology 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. Luminescence Technology's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was NT$0.3 Mil. Luminescence Technology's average total debt for the quarter that ended in Jun. 2024 was NT$18.9 Mil. Therefore, Luminescence Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 1.68%.

Luminescence Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Luminescence Technology'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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Luminescence Technology Effective Interest Rate on Debt % Chart

Luminescence Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.86

1.53

1.57

1.93

1.57

Luminescence Technology 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										1.96	1.90	1.76	2.88	1.68

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

For the Chemicals subindustry, Luminescence Technology'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.

Luminescence Technology's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luminescence Technology's Effective Interest Rate on Debt % distribution charts can be found below:

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

Luminescence Technology Effective Interest Rate on Debt % Calculation

Luminescence Technology'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 * -0.285	/	( (4.403	+	31.943)	/ 2 )
=	-1 * -0.285	/	18.173
=	1.57 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.941	+	2.462
=	4.403

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.979	+	0.964
=	31.943

Luminescence Technology'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 * -0.318	/	( (31.943	+	5.883)	/ 2 )
=	-1 * -0.318	/	18.913
=	1.68 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.979	+	0.964
=	31.943

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.963	+	1.92
=	5.883

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.

Luminescence Technology (ROCO:6729) Effective Interest Rate on Debt % Explanation

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

Luminescence Technology Effective Interest Rate on Debt % Related Terms

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Luminescence Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luminescence Technology Corp (ROCO:6729) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

No. 99, Section 1, Xintai 5th Road, 5th Floor, 31st Floor, Yuba District, New Taipei City, TWN, 22175

Website

http://www.lumtec.com.tw

Luminescence Technology Corp is a Taiwan based chemical manufacturing company. The firm's product range consists of OLED material, OPV material, OTFT material, Organic intermediates, Boronic Acid, ITO patterned glass and components among others.

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