Well Graded Engineering PCL (BKK:WGE) Effective Interest Rate on Debt % : 2.57% (As of Mar. 2024)

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What is Well Graded Engineering 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. Well Graded Engineering PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ฿11 Mil. Well Graded Engineering PCL's average total debt for the quarter that ended in Mar. 2024 was ฿416 Mil. Therefore, Well Graded Engineering PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.57%.

Well Graded Engineering PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Well Graded Engineering 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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Well Graded Engineering PCL Effective Interest Rate on Debt % Chart

Well Graded Engineering PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

7.53

6.46

2.23

1.95

2.10

Well Graded Engineering PCL Quarterly Data
	Jun19	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														2.02	1.92	2.02	2.03	2.57

Competitive Comparison of Well Graded Engineering PCL's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Well Graded Engineering 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.

Well Graded Engineering PCL's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Effective Interest Rate on Debt % falls into.

Well Graded Engineering PCL Effective Interest Rate on Debt % Calculation

Well Graded Engineering 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 * -7.396	/	( (299.635	+	405.459)	/ 2 )
=	-1 * -7.396	/	352.547
=	2.10 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82.96	+	216.675
=	299.635

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49.813	+	355.646
=	405.459

Well Graded Engineering 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 * -10.72	/	( (405.459	+	427.517)	/ 2 )
=	-1 * -10.72	/	416.488
=	2.57 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49.813	+	355.646
=	405.459

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.538	+	418.979
=	427.517

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.

Well Graded Engineering PCL (BKK:WGE) Effective Interest Rate on Debt % Explanation

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

Well Graded Engineering PCL Effective Interest Rate on Debt % Related Terms

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Well Graded Engineering PCL (BKK:WGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Well Graded Engineering PCL (BKK:WGE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120

Website

https://www.well-graded.com

Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

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