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ASE Technology Holding Co (TPE:3711) Effective Interest Rate on Debt % : 2.42% (As of Mar. 2024)


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What is ASE Technology Holding 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. ASE Technology Holding Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was NT$4,428 Mil. ASE Technology Holding Co's average total debt for the quarter that ended in Mar. 2024 was NT$183,181 Mil. Therefore, ASE Technology Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.42%.


ASE Technology Holding Co Effective Interest Rate on Debt % Historical Data

The historical data trend for ASE Technology Holding 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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ASE Technology Holding Co Effective Interest Rate on Debt % Chart

ASE Technology Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.64 1.35 1.97 3.38

ASE Technology Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 2.43 2.55 5.76 2.42

Competitive Comparison of ASE Technology Holding Co's Effective Interest Rate on Debt %

For the Semiconductors subindustry, ASE Technology Holding 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.


ASE Technology Holding Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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



ASE Technology Holding Co Effective Interest Rate on Debt % Calculation

ASE Technology Holding 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  *  -6238.91/( (190074.772+179216.752)/ 2 )
=-1  *  -6238.91/184645.762
=3.38 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=144527.838 + 45546.934
=190074.772

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109013.649 + 70203.103
=179216.752

ASE Technology Holding 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  *  -4428/( (179216.752+187145)/ 2 )
=-1  *  -4428/183180.876
=2.42 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109013.649 + 70203.103
=179216.752

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116207 + 70938
=187145

* 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.

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.


ASE Technology Holding Co  (TPE:3711) Effective Interest Rate on Debt % Explanation

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


ASE Technology Holding Co Effective Interest Rate on Debt % Related Terms

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ASE Technology Holding Co (TPE:3711) Business Description

Traded in Other Exchanges
Address
No. 26, Chin Third Road, Nanzih District, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.

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