SGLBW (Sigma Additive Solutions) Effective Interest Rate on Debt % : 10.44% (As of May. 2024)

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What is Sigma Additive Solutions 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. Sigma Additive Solutions's annualized positive value of Interest Expense for the quarter that ended in May. 2024 was $0.14 Mil. Sigma Additive Solutions's average total debt for the quarter that ended in May. 2024 was $1.34 Mil. Therefore, Sigma Additive Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 was 10.44%.

Sigma Additive Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Sigma Additive Solutions'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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Sigma Additive Solutions Effective Interest Rate on Debt % Chart

Sigma Additive Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Feb23

Effective Interest Rate on Debt %

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18.00

28.00

1.59

Sigma Additive Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Feb24	May24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	10.44

Competitive Comparison of Sigma Additive Solutions's Effective Interest Rate on Debt %

For the Travel Services subindustry, Sigma Additive Solutions'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.

Sigma Additive Solutions's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sigma Additive Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sigma Additive Solutions's Effective Interest Rate on Debt % falls into.

Sigma Additive Solutions Effective Interest Rate on Debt % Calculation

Sigma Additive Solutions's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Feb. 2023 ))	/ count )
=	-1 * -0.072	/	( (0	+	4.529)	/ 1 )
=	-1 * -0.072	/	4.529
=	1.59 %

where

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

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.865	+	3.664
=	4.529

Sigma Additive Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Feb. 2024 )	+	Total Debt (Q: May. 2024 ))	/ count )
=	-1 * -0.14	/	( (0.828	+	1.853)	/ 2 )
=	-1 * -0.14	/	1.3405
=	10.44 %

where

	Total Debt (Q: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.828
=	0.828

	Total Debt (Q: May. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.853
=	1.853

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

Sigma Additive Solutions (NAS:SGLBW) Effective Interest Rate on Debt % Explanation

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

Sigma Additive Solutions Effective Interest Rate on Debt % Related Terms

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Sigma Additive Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sigma Additive Solutions (NAS:SGLBW) » Definitions » Effective Interest Rate on Debt %

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NTRP:USA

Address

3900 Paseo del Sol, Santa Fe, NM, USA, 87507

Website

https://www.sigmaadditive.com

Sigma Additive Solutions Inc is a leading provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.