UniTTEC Co (SZSE:000925) Effective Interest Rate on Debt % : 2.90% (As of Mar. 2024)

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What is UniTTEC 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. UniTTEC Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥56 Mil. UniTTEC Co's average total debt for the quarter that ended in Mar. 2024 was ¥1,920 Mil. Therefore, UniTTEC Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.90%.

UniTTEC Co Effective Interest Rate on Debt % Historical Data

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

UniTTEC Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.18

6.47

7.30

5.19

3.67

UniTTEC Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.94	3.98	3.44	3.02	2.90

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

For the Semiconductors subindustry, UniTTEC 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.

UniTTEC Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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

UniTTEC Co Effective Interest Rate on Debt % Calculation

UniTTEC 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 * -65.814	/	( (1715.074	+	1867.331)	/ 2 )
=	-1 * -65.814	/	1791.2025
=	3.67 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	967.617	+	747.457
=	1715.074

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1407.58	+	459.751
=	1867.331

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -55.66	/	( (1867.331	+	1972.135)	/ 2 )
=	-1 * -55.66	/	1919.733
=	2.90 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1407.58	+	459.751
=	1867.331

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1410.171	+	561.964
=	1972.135

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

UniTTEC Co (SZSE:000925) Effective Interest Rate on Debt % Explanation

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

UniTTEC Co Effective Interest Rate on Debt % Related Terms

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UniTTEC Co (SZSE:000925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » UniTTEC Co Ltd (SZSE:000925) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051

Website

http://www.unittec.com

UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.

Executives

Pan Li Chun	Director
Luo Jian Qiang	Executives
Bian Jin Fei	Executives
He Hao	Executives
Lou Hong Hai	Directors, executives
Zhao Qin	Directors, executives
Tang Xin Liang	Director
Ling Zhu Jun	Executives
Wang Zhen Yu	Executives
Shi Xiu Xia	Executives
Li Jun	Directors, executives
Lu Xi Wei	Executives
Pan Rong	Executives
Chen Jun	Directors, executives
Jiang Xiang Yang	Executives

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