Right Way Industrial Co (TPE:1506) Effective Interest Rate on Debt % : 6.39% (As of Dec. 2024)

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What is Right Way Industrial 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. Right Way Industrial Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was NT$3 Mil. Right Way Industrial Co's average total debt for the quarter that ended in Dec. 2024 was NT$49 Mil. Therefore, Right Way Industrial Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.39%.

Right Way Industrial Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Right Way Industrial 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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Right Way Industrial Co Effective Interest Rate on Debt % Chart

Right Way Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.44

2.47

2.39

5.65

4.97

Right Way Industrial Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.81	6.65	8.58	7.38	6.39

Competitive Comparison of Right Way Industrial Co's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Right Way Industrial 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.

Right Way Industrial Co's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Right Way Industrial Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Right Way Industrial Co Effective Interest Rate on Debt % Calculation

Right Way Industrial Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -2.945	/	( (57.3	+	61.139)	/ 2 )
=	-1 * -2.945	/	59.2195
=	4.97 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.437	+	55.863
=	57.3

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.637	+	59.502
=	61.139

Right Way Industrial Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -3.1	/	( (35.928	+	61.139)	/ 2 )
=	-1 * -3.1	/	48.5335
=	6.39 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.871	+	34.057
=	35.928

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.637	+	59.502
=	61.139

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

Right Way Industrial Co (TPE:1506) Effective Interest Rate on Debt % Explanation

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

Right Way Industrial Co Effective Interest Rate on Debt % Related Terms

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Right Way Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Right Way Industrial Co Ltd (TPE:1506) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

No.1015, Zhongzheng West Road, Ta Chia Village, Jeng-Der Shiang, Tainan, TWN

Website

https://www.rightway.com.tw

Right Way Industrial Co Ltd operates in the auto parts industry. The company is engaged in manufacturing and retail sale of engine, parts of automobile and motorcycles, pistons, piston rings and its accessories, components of steering systems, crankshafts and machine tools. The company geographically operates in Taiwan, Eastern South Asia, China and Others.

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