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Stealth Group Holdings (ASX:SGI) Effective Interest Rate on Debt % : 5.84% (As of Dec. 2023)


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What is Stealth Group Holdings 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. Stealth Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$1.4 Mil. Stealth Group Holdings's average total debt for the quarter that ended in Dec. 2023 was A$23.2 Mil. Therefore, Stealth Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.84%.


Stealth Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Stealth Group Holdings'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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Stealth Group Holdings Effective Interest Rate on Debt % Chart

Stealth Group Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
9.08 12.09 4.83 3.81 4.47

Stealth Group Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.28 3.30 3.98 5.00 5.84

Competitive Comparison of Stealth Group Holdings's Effective Interest Rate on Debt %

For the Industrial Distribution subindustry, Stealth Group Holdings'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.


Stealth Group Holdings's Effective Interest Rate on Debt % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Stealth Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Stealth Group Holdings Effective Interest Rate on Debt % Calculation

Stealth Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -1.078/( (24.947+23.322)/ 2 )
=-1  *  -1.078/24.1345
=4.47 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.505 + 15.442
=24.947

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.508 + 16.814
=23.322

Stealth Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -1.352/( (23.322+22.999)/ 2 )
=-1  *  -1.352/23.1605
=5.84 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.508 + 16.814
=23.322

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.036 + 16.963
=22.999

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


Stealth Group Holdings  (ASX:SGI) Effective Interest Rate on Debt % Explanation

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


Stealth Group Holdings Effective Interest Rate on Debt % Related Terms

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Stealth Group Holdings (ASX:SGI) Business Description

Traded in Other Exchanges
N/A
Address
43 Cedric Street, Stirling, WA, AUS, 6021
Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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