inspec (TSE:6656) Effective Interest Rate on Debt % : 1.58% (As of Jan. 2024)

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What is inspec 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. inspec's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was 円35 Mil. inspec's average total debt for the quarter that ended in Jan. 2024 was 円2,240 Mil. Therefore, inspec's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.58%.

inspec Effective Interest Rate on Debt % Historical Data

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

inspec Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Effective Interest Rate on Debt %

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1.46

1.21

1.46

1.19

1.47

inspec Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.50	1.51	1.41	1.53	1.58

Competitive Comparison of inspec's Effective Interest Rate on Debt %

For the Semiconductor Equipment & Materials subindustry, inspec'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.

inspec's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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

inspec Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Apr. 2022 )	+	Total Debt (A: Apr. 2023 ))	/ count )
=	-1 * -29.193	/	( (1767.524	+	2202.362)	/ 2 )
=	-1 * -29.193	/	1984.943
=	1.47 %

where

	Total Debt (A: Apr. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	993.816	+	773.708
=	1767.524

	Total Debt (A: Apr. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	837.924	+	1364.438
=	2202.362

inspec's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -35.352	/	( (2110.117	+	2369.101)	/ 2 )
=	-1 * -35.352	/	2239.609
=	1.58 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	755.893	+	1354.224
=	2110.117

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	714.877	+	1654.224
=	2369.101

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

inspec (TSE:6656) Effective Interest Rate on Debt % Explanation

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

inspec Effective Interest Rate on Debt % Related Terms

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inspec (TSE:6656) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » inspec Inc (TSE:6656) » Definitions » Effective Interest Rate on Debt %

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Address

79-1 Kumokai Arayashiki Kakunodatemachi, Senhoku-shi, JPN, 014-0341

Website

http://www.inspec21.com

inspec Inc is engaged as manufacturer of visual inspection equipment that inspects the appearance of semiconductors and various IT related services. The company also offers services like regular maintenance, calibration service, and operation support services.

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