OPT Machine Vision Tech Co (SHSE:688686) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)

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What is OPT Machine Vision Tech 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. OPT Machine Vision Tech Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥2.0 Mil. OPT Machine Vision Tech Co's average total debt for the quarter that ended in Sep. 2024 was ¥0.0 Mil. Therefore, OPT Machine Vision Tech Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was N/A%.

OPT Machine Vision Tech Co Effective Interest Rate on Debt % Historical Data

The historical data trend for OPT Machine Vision Tech 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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OPT Machine Vision Tech Co Effective Interest Rate on Debt % Chart

OPT Machine Vision Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.42

-3.21

3.17

5.79

4.81

OPT Machine Vision Tech 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															-33.42	4.70	4.57	-7.62	-

Competitive Comparison of OPT Machine Vision Tech Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, OPT Machine Vision Tech 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.

OPT Machine Vision Tech Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, OPT Machine Vision Tech Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where OPT Machine Vision Tech Co's Effective Interest Rate on Debt % falls into.

OPT Machine Vision Tech Co Effective Interest Rate on Debt % Calculation

OPT Machine Vision Tech 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 * -0.187	/	( (5.801	+	1.982)	/ 2 )
=	-1 * -0.187	/	3.8915
=	4.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.982	+	3.819
=	5.801

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.982
=	1.982

OPT Machine Vision Tech 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 * -1.964	/	( (0	+	0)	/ 1 )
=	-1 * -1.964	/	0
=	N/A %

where

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

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

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.

OPT Machine Vision Tech Co (SHSE:688686) Effective Interest Rate on Debt % Explanation

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

OPT Machine Vision Tech Co Effective Interest Rate on Debt % Related Terms

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OPT Machine Vision Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OPT Machine Vision Tech Co Ltd (SHSE:688686) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 8, Jinsheng Road, Henan Industrial Zone, Jinxia Community, Chang'an Town, Guangdong Province, Dongguan, CHN, 523853

Website

https://www.optmv.com

OPT Machine Vision Tech Co Ltd is a supplier of core automation components. OPT products include vision systems, light sources, lenses, industrial cameras, 3D laser sensors, industrial barcode readers and others.

Executives

Lu Sheng Lin	Directors, senior managers, core technical personn
Lu Zhi Lin	Directors, senior managers
Xu Xue Liang	Directors, senior managers
He Zhen Zhen	Core technical personnel
Li Jiang Feng	Core technical personnel
Ye Jian Ping	senior management
Li Mao Bo	Director

OPT Machine Vision Tech Co Headlines

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