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Filtronic (STU:FTI) Effective Interest Rate on Debt % : 8.61% (As of Nov. 2024)


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What is Filtronic 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. Filtronic's annualized positive value of Interest Expense for the quarter that ended in Nov. 2024 was €0.30 Mil. Filtronic's average total debt for the quarter that ended in Nov. 2024 was €3.53 Mil. Therefore, Filtronic's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 was 8.61%.


Filtronic Effective Interest Rate on Debt % Historical Data

The historical data trend for Filtronic'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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Filtronic Effective Interest Rate on Debt % Chart

Filtronic Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.27 9.10 9.82 11.04 12.54

Filtronic Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 12.64 9.62 12.91 11.43 8.61

Competitive Comparison of Filtronic's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Filtronic'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.


Filtronic's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Filtronic's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Filtronic Effective Interest Rate on Debt % Calculation

Filtronic's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2023 )+Total Debt  (A: May. 2024 ))/ count )
=-1  *  -0.388/( (2.659+3.527)/ 2 )
=-1  *  -0.388/3.093
=12.54 %

where

Total Debt  (A: May. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.95 + 0.709
=2.659

Total Debt  (A: May. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.48 + 1.047
=3.527

Filtronic's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: May. 2024 )+Total Debt  (Q: Nov. 2024 ))/ count )
=-1  *  -0.304/( (3.527+3.534)/ 2 )
=-1  *  -0.304/3.5305
=8.61 %

where

Total Debt  (Q: May. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.48 + 1.047
=3.527

Total Debt  (Q: Nov. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.657 + 0.877
=3.534

* 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 two times the semi-annual (Nov. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Filtronic  (STU:FTI) Effective Interest Rate on Debt % Explanation

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


Filtronic Effective Interest Rate on Debt % Related Terms

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Filtronic Business Description

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Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.