Drewloong Precision (TPE:4572) Effective Interest Rate on Debt % : 1.25% (As of Mar. 2024)

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What is Drewloong Precision 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. Drewloong Precision's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was NT$2.5 Mil. Drewloong Precision's average total debt for the quarter that ended in Mar. 2024 was NT$200.8 Mil. Therefore, Drewloong Precision's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.25%.

Drewloong Precision Effective Interest Rate on Debt % Historical Data

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

Drewloong Precision Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.93

1.27

1.34

1.28

1.24

Drewloong Precision 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															1.24	1.26	1.24	1.25	1.25

Competitive Comparison of Drewloong Precision's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Drewloong Precision'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.

Drewloong Precision's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Drewloong Precision's Effective Interest Rate on Debt % distribution charts can be found below:

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

Drewloong Precision Effective Interest Rate on Debt % Calculation

Drewloong Precision'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 * -2.535	/	( (206.473	+	200.848)	/ 2 )
=	-1 * -2.535	/	203.6605
=	1.24 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	199.554	+	6.919
=	206.473

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	194.963	+	5.885
=	200.848

Drewloong Precision'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 * -2.508	/	( (200.848	+	200.817)	/ 2 )
=	-1 * -2.508	/	200.8325
=	1.25 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	194.963	+	5.885
=	200.848

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	195.192	+	5.625
=	200.817

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.

Drewloong Precision (TPE:4572) Effective Interest Rate on Debt % Explanation

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

Drewloong Precision Effective Interest Rate on Debt % Related Terms

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Drewloong Precision (TPE:4572) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Drewloong Precision Inc (TPE:4572) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

166 Bade 2nd Road, Renwu District, Kaohsiung, TWN, 814

Website

http://www.drewloong.com.tw

Drewloong Precision Inc is a Taiwan-based company that engages in the provision of precision parts and components internationally. It provides engineering and fabrication services of precision tooling, machined, sheet metal components, surface treatment, and assemblies for aerospace, electronics, automotive, industrial, and other high-tech industries. The company is involved in the fabrication of precision machined components for aerospace, shipbuilding, and industrial applications. Its product and service include fuselages, wings, stabilizers, aircraft sheet metal parts, and other products.

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