GSS Energy (SGX:41F) Effective Interest Rate on Debt % : 6.13% (As of Dec. 2023)

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What is GSS Energy 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. GSS Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$2.3 Mil. GSS Energy's average total debt for the quarter that ended in Dec. 2023 was S$38.0 Mil. Therefore, GSS Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.13%.

GSS Energy Effective Interest Rate on Debt % Historical Data

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

GSS Energy Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.06

2.81

2.42

5.74

6.22

GSS Energy Semi-Annual Data
	Aug13	Feb14	Aug14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.49	3.85	6.17	4.23	6.13

Competitive Comparison of GSS Energy's Effective Interest Rate on Debt %

For the Electronic Components subindustry, GSS Energy'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.

GSS Energy's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

GSS Energy Effective Interest Rate on Debt % Calculation

GSS Energy'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 * -1.875	/	( (25.594	+	34.675)	/ 2 )
=	-1 * -1.875	/	30.1345
=	6.22 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.934	+	17.66
=	25.594

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.092	+	24.583
=	34.675

GSS Energy'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 * -2.332	/	( (41.413	+	34.675)	/ 2 )
=	-1 * -2.332	/	38.044
=	6.13 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.75	+	29.663
=	41.413

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.092	+	24.583
=	34.675

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.

GSS Energy (SGX:41F) Effective Interest Rate on Debt % Explanation

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

GSS Energy Effective Interest Rate on Debt % Related Terms

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GSS Energy (SGX:41F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GSS Energy Ltd (SGX:41F) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628

Website

https://www.giken.com.sg

GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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