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PT United Tractors Tbk (PT United Tractors Tbk) Effective Interest Rate on Debt % : 7.68% (As of Mar. 2024)


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What is PT United Tractors Tbk 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. PT United Tractors Tbk's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $97 Mil. PT United Tractors Tbk's average total debt for the quarter that ended in Mar. 2024 was $1,266 Mil. Therefore, PT United Tractors Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.68%.


PT United Tractors Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT United Tractors Tbk'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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PT United Tractors Tbk Effective Interest Rate on Debt % Chart

PT United Tractors Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 5.37 3.95 4.37 5.51

PT United Tractors Tbk 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.32 6.31 5.85 7.66 7.68

Competitive Comparison of PT United Tractors Tbk's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, PT United Tractors Tbk'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.


PT United Tractors Tbk's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT United Tractors Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT United Tractors Tbk's Effective Interest Rate on Debt % falls into.



PT United Tractors Tbk Effective Interest Rate on Debt % Calculation

PT United Tractors Tbk'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  *  -38.965/( (190.844+1224.363)/ 2 )
=-1  *  -38.965/707.6035
=5.51 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=64.512 + 126.332
=190.844

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1140.395 + 83.968
=1224.363

PT United Tractors Tbk'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  *  -97.196/( (1224.363+1307.81)/ 2 )
=-1  *  -97.196/1266.0865
=7.68 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1140.395 + 83.968
=1224.363

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1150.811 + 156.999
=1307.81

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


PT United Tractors Tbk  (OTCPK:PUTKY) Effective Interest Rate on Debt % Explanation

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


PT United Tractors Tbk Effective Interest Rate on Debt % Related Terms

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PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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