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Western Marine Shipyard (DHA:WMSHIPYARD) Effective Interest Rate on Debt % : 1.83% (As of Jun. 2023)


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What is Western Marine Shipyard 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. Western Marine Shipyard's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was BDT361.5 Mil. Western Marine Shipyard's average total debt for the quarter that ended in Jun. 2023 was BDT19,709.1 Mil. Therefore, Western Marine Shipyard's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 1.83%.


Western Marine Shipyard Effective Interest Rate on Debt % Historical Data

The historical data trend for Western Marine Shipyard'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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Western Marine Shipyard Effective Interest Rate on Debt % Chart

Western Marine Shipyard Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.87 5.16 1.83 1.73 1.83

Western Marine Shipyard Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 5.87 5.16 1.83 1.73 1.83

Competitive Comparison of Western Marine Shipyard's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Western Marine Shipyard'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.


Western Marine Shipyard's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Effective Interest Rate on Debt % distribution charts can be found below:

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



Western Marine Shipyard Effective Interest Rate on Debt % Calculation

Western Marine Shipyard'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  *  -361.503/( (18549.191+20869.084)/ 2 )
=-1  *  -361.503/19709.1375
=1.83 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17925.912 + 623.279
=18549.191

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20111.884 + 757.2
=20869.084

Western Marine Shipyard's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -361.503/( (18549.191+20869.084)/ 2 )
=-1  *  -361.503/19709.1375
=1.83 %

where

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17925.912 + 623.279
=18549.191

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20111.884 + 757.2
=20869.084

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


Western Marine Shipyard  (DHA:WMSHIPYARD) Effective Interest Rate on Debt % Explanation

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


Western Marine Shipyard Effective Interest Rate on Debt % Related Terms

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Western Marine Shipyard (DHA:WMSHIPYARD) Business Description

Traded in Other Exchanges
N/A
Address
1440/A Strand Road, Amin Future Park, 7th Floor, Chittagong, BGD, 4100
Western Marine Shipyard Ltd operates its business in the maritime industry. The company specializes in ship repairing and export of marine supplies. Its other business activities are to establish, build, construct shipyard, dockyard, slipway and to undertake ownership/management of shipyard and dockyard. The company builds different types of ships such as bulk carrier, container, tanker, passenger, petrol vassal, and fishing trawler.

Western Marine Shipyard (DHA:WMSHIPYARD) Headlines

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