Haad Thip PCL (BKK:HTC) Effective Interest Rate on Debt % : 2.46% (As of Mar. 2024)

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What is Haad Thip PCL 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. Haad Thip PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ฿17 Mil. Haad Thip PCL's average total debt for the quarter that ended in Mar. 2024 was ฿685 Mil. Therefore, Haad Thip PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.46%.

Haad Thip PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Haad Thip PCL'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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Haad Thip PCL Effective Interest Rate on Debt % Chart

Haad Thip PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.30

3.11

2.93

1.55

1.91

Haad Thip PCL 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															1.21	1.85	1.85	2.26	2.46

Competitive Comparison of Haad Thip PCL's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Haad Thip PCL'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.

Haad Thip PCL's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Haad Thip PCL's Effective Interest Rate on Debt % distribution charts can be found below:

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

Haad Thip PCL Effective Interest Rate on Debt % Calculation

Haad Thip PCL'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 * -12.674	/	( (636.319	+	691.455)	/ 2 )
=	-1 * -12.674	/	663.887
=	1.91 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	315.735	+	320.584
=	636.319

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	500.844	+	190.611
=	691.455

Haad Thip PCL'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 * -16.86	/	( (691.455	+	678.695)	/ 2 )
=	-1 * -16.86	/	685.075
=	2.46 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	500.844	+	190.611
=	691.455

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	488.579	+	190.116
=	678.695

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.

Haad Thip PCL (BKK:HTC) Effective Interest Rate on Debt % Explanation

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

Haad Thip PCL Effective Interest Rate on Debt % Related Terms

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Haad Thip PCL (BKK:HTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Haad Thip PCL (BKK:HTC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

87/1, Kanchanavanich Road, Thambol Banphru, Amphur Hadyai, Songkhla, THA, 90250

Website

https://www.haadthip.com

Haad Thip PCL is engaged in the manufacture and distributor of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in Segment soft drinks, Segment Consumer goods, Segment food, Segment Real estate development. The company generates majority revenue from soft drinks. The company distributes its products in the southern provinces of Thailand.

Haad Thip PCL (BKK:HTC) Headlines

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