Wave Power Technology (ROCO:6895) Effective Interest Rate on Debt % : 3.09% (As of Sep. 2024)

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What is Wave Power 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. Wave Power Technology's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was NT$0.6 Mil. Wave Power Technology's average total debt for the quarter that ended in Sep. 2024 was NT$17.9 Mil. Therefore, Wave Power Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.09%.

Wave Power Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Wave Power 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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Wave Power Technology Effective Interest Rate on Debt % Chart

Wave Power Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

2.45

3.11

1.12

1.54

Wave Power Technology Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									2.47	2.69	1.87	2.84	3.09

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

For the Electrical Equipment & Parts subindustry, Wave Power 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.

Wave Power Technology's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Wave Power Technology Effective Interest Rate on Debt % Calculation

Wave Power Technology's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.163	/	( (10.986	+	10.234)	/ 2 )
=	-1 * -0.163	/	10.61
=	1.54 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.234	+	10.752
=	10.986

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.234
=	10.234

Wave Power Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.552	/	( (17.316	+	18.398)	/ 2 )
=	-1 * -0.552	/	17.857
=	3.09 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.062	+	12.254
=	17.316

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.581	+	12.817
=	18.398

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

Wave Power Technology (ROCO:6895) Effective Interest Rate on Debt % Explanation

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

Wave Power Technology Effective Interest Rate on Debt % Related Terms

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Wave Power Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wave Power Technology Inc (ROCO:6895) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

No.31, Lane 598, Zhongzheng Road, Miaoli County, Toufen City, TWN, 35151

Website

https://www.wavepower.com.tw

Wave Power Technology Inc manufactures and distributes electrical power equipment. Its products are based on proprietary 4-H technology associated with high power, frequency, voltage, and vacuum. Its product portfolio comprises of Microwave Generator, Industrial Magnetron, Variable Capacitor, Feedthrough, Vacuum View Port, High-voltage Break-off Section, Magnet, Heater, and Hermetic Sealing.

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