VOXX (VOXX International) Effective Interest Rate on Debt % : 13.66% (As of Nov. 2024)

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What is VOXX International 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. VOXX International's annualized positive value of Interest Expense for the quarter that ended in Nov. 2024 was $5.4 Mil. VOXX International's average total debt for the quarter that ended in Nov. 2024 was $39.7 Mil. Therefore, VOXX International's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2024 was 13.66%.

VOXX International Effective Interest Rate on Debt % Historical Data

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

VOXX International Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Effective Interest Rate on Debt %

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22.34

28.83

19.54

16.54

12.01

VOXX International Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															16.01	12.31	11.76	12.39	13.66

Competitive Comparison of VOXX International's Effective Interest Rate on Debt %

For the Consumer Electronics subindustry, VOXX International'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.

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

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

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

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VOXX International Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Feb. 2023 )	+	Total Debt (A: Feb. 2024 ))	/ count )
=	-1 * -6.935	/	( (40.585	+	74.909)	/ 2 )
=	-1 * -6.935	/	57.747
=	12.01 %

where

	Total Debt (A: Feb. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	40.085	+	0.5
=	40.585

	Total Debt (A: Feb. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	74.409	+	0.5
=	74.909

VOXX International'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: Aug. 2024 )	+	Total Debt (Q: Nov. 2024 ))	/ count )
=	-1 * -5.42	/	( (56.885	+	22.442)	/ 2 )
=	-1 * -5.42	/	39.6635
=	13.66 %

where

	Total Debt (Q: Aug. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	52.416	+	4.469
=	56.885

	Total Debt (Q: Nov. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.605	+	3.837
=	22.442

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

VOXX International (NAS:VOXX) Effective Interest Rate on Debt % Explanation

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

VOXX International Effective Interest Rate on Debt % Related Terms

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VOXX International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VOXX International Corp (NAS:VOXX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

VOX:Germany

Address

2351 J. Lawson Boulevard, Orlando, FL, USA, 32824

Website

https://www.voxxintl.com

VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.

Executives

Beat Kahli	10 percent owner	AVALON GROUP INTERNATIONAL, LLC, 3801 AVALON PARK EAST BLVD., STE 400, ORLANDO FL 32828
John Jr Adamovich	director	180 MARCUS BLVD, C/O VOXX INTERNATIONAL CORPORATION, HAUPPAUGE NY 11788
Steven R Downing	director	14814 CREEK EDGE DRIVE, HOLLAND MI 49424
Peter A Lesser	director	C/O AUDIOVOX CORP, 180 MARCUS BLVD., HAUPPAUGE NY 11788-0518
Patrick M Lavelle	director, officer: Senior Vice President	150 MARCUS BLVD, PO BOX 18000, HAUPPAUGE NY 11788
John J Shalam	director, 10 percent owner, officer: President and C.E.O.	180 MARCUS BLVD, PO BOX 12427, HAUPPAGE NY 11788-0518
Holding Ag Kahli	10 percent owner	RIESBACHSTRASSE 57, ZURICH V8 8008
Edward David Mas	officer: President Voxx Automotive Corp	C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BOULEVARD, HAUPPAUGE NY 11788
Kreuch Paul C Jr	director	C/O 180 MARCUS BLVD., PO BOX 12427, HAUPPAUGE NY 11788-0518
Ari Shalam	director	C/O AUDIOVOX CORP, 150 MARCUS BLVD, HAUPPAUGE NY 11788
Denise W. Gibson	director	140 SCHOOL STREET, LIBERTYVILLE IL 60048
Oscar Leonard Bernardo	officer: COO Klipsch Group Inc.	C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Ian Sebastian Geise	officer: President Voxx Accessories	C/O VOXX INTERNATIONAL CORPORATION, 180 MARCUS BLVD, HAUPPAUGE NY 11788
Michael F Klipsch	officer: Pres. Global Operations of KGI	180 MARCUS BOULEVARD, C/O AUDIOVOX CORPORATION, HAUPPAUGE X1 11788
Ludwig Geis	officer: CEO VOXX Hirschmann Corp	STUTTGARTER STRASSE 45 - 51, NECKARTENZLINGEN 2M 72654