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Wiselink Co (ROCO:8932) Effective Interest Rate on Debt % : 2.12% (As of Sep. 2024)


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What is Wiselink 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. Wiselink Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was NT$11 Mil. Wiselink Co's average total debt for the quarter that ended in Sep. 2024 was NT$513 Mil. Therefore, Wiselink Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 2.12%.


Wiselink Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Wiselink 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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Wiselink Co Effective Interest Rate on Debt % Chart

Wiselink Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 2.81 3.01 2.78 2.20

Wiselink Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 2.11 1.58 1.87 2.12

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

For the Apparel Manufacturing subindustry, Wiselink 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.


Wiselink Co's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wiselink Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Wiselink Co Effective Interest Rate on Debt % Calculation

Wiselink 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  *  -13.128/( (647.997+546.357)/ 2 )
=-1  *  -13.128/597.177
=2.20 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=82.101 + 565.896
=647.997

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=155.225 + 391.132
=546.357

Wiselink Co'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  *  -10.904/( (507.096+519.601)/ 2 )
=-1  *  -10.904/513.3485
=2.12 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=218.714 + 288.382
=507.096

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=227.342 + 292.259
=519.601

* 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.

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.


Wiselink Co  (ROCO:8932) Effective Interest Rate on Debt % Explanation

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


Wiselink Co Effective Interest Rate on Debt % Related Terms

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Wiselink Co Business Description

Traded in Other Exchanges
N/A
Address
7F, No. 196, Joutz Street, Neihu District, Taipei, TWN, 11493
Wiselink Co Ltd, formerly Max Zipper Co Ltd is engaged in the production and sales of zippers in Taiwan. It offers a variety of zippers including nylon zippers, Delrin zippers, invisible zippers, metal zippers, zipper accessories, sliders, and other specialized zippers. The Taiwan segment, the Mainland segment, the Other Asia Pacific segment, and other segments. The Taiwan segment and the Mainland segment were mainly engaged in the manufacturing, processing and trading of pulling products and parts. The main business of the Other Asia-Pacific segment is the design and development of information software, while the other segments were mainly engaged in professional investment. The majority of revenue is derived from the Mainland segment.

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