Bonal International (Bonal International) Effective Interest Rate on Debt % : 1.04% (As of Mar. 2023)

View and export this data going back to . Start your Free Trial

What is Bonal 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. Bonal International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $0.00 Mil. Bonal International's average total debt for the quarter that ended in Mar. 2023 was $0.19 Mil. Therefore, Bonal International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 1.04%.

Bonal International Effective Interest Rate on Debt % Historical Data

The historical data trend for Bonal 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.

* Premium members only.

Bonal International Effective Interest Rate on Debt % Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

1.04

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
Effective Interest Rate on Debt %	-	-	1.04

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

For the Specialty Industrial Machinery subindustry, Bonal 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.

Bonal International's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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

Bonal International Effective Interest Rate on Debt % Calculation

Bonal International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -0.002	/	( (0	+	0.193)	/ 1 )
=	-1 * -0.002	/	0.193
=	1.04 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.072	+	0.121
=	0.193

Bonal International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2022 )	+	Total Debt (Q: Mar. 2023 ))	/ count )
=	-1 * -0.002	/	( (0	+	0.193)	/ 1 )
=	-1 * -0.002	/	0.193
=	1.04 %

where

	Total Debt (Q: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.072	+	0.121
=	0.193

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 one times the annual (Mar. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Bonal International (OTCPK:BONL) Effective Interest Rate on Debt % Explanation

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

Bonal International Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Bonal International's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bonal International (Bonal International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bonal International Inc (OTCPK:BONL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 North Campbell Road, Royal Oak, MI, USA, 48067

Website

http://www.bonal.com

Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

Bonal International (Bonal International) Headlines

No Headlines