Honor Seiki Co (ROCO:7709) Effective Interest Rate on Debt % : 1.96% (As of Dec. 2024)

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What is Honor Seiki 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. Honor Seiki Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was NT$6.6 Mil. Honor Seiki Co's average total debt for the quarter that ended in Dec. 2024 was NT$334.2 Mil. Therefore, Honor Seiki Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 1.96%.

Honor Seiki Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Honor Seiki 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.

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Honor Seiki Co Effective Interest Rate on Debt % Chart

Honor Seiki Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

1.39

0.86

1.18

2.19

2.07

Honor Seiki Co Quarterly Data
	Dec20	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				2.21	2.10	-	2.25	1.96

Competitive Comparison of Honor Seiki Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Honor Seiki 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.

Honor Seiki Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

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Honor Seiki Co Effective Interest Rate on Debt % Calculation

Honor Seiki Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -7.724	/	( (389.008	+	357.4)	/ 2 )
=	-1 * -7.724	/	373.204
=	2.07 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	199.875	+	189.133
=	389.008

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	187.686	+	169.714
=	357.4

Honor Seiki Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -6.556	/	( (311.043	+	357.4)	/ 2 )
=	-1 * -6.556	/	334.2215
=	1.96 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	191.337	+	119.706
=	311.043

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	187.686	+	169.714
=	357.4

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

Honor Seiki Co (ROCO:7709) Effective Interest Rate on Debt % Explanation

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

Honor Seiki Co Effective Interest Rate on Debt % Related Terms

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Honor Seiki Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Honor Seiki Co Ltd (ROCO:7709) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Chung-shan Road , No. 6, Section 2, Hu-nei District, Kaohsiung, TWN

Website

https://www.honorseiki.com

Honor Seiki Co Ltd is a machine tool providing company working in the fields of CNC Vertical Lathe and Turnkey solutions in Taiwan. They mainly focus on the production of Vertical lathes and their main product offerings are CNC Vertical Lathe, CNC Vertical Turning Center and CNC Vertical Grinding Machine, CNC Planar Turning/Milling/Grinding Center, CNC Special Purpose Machines.

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