Avarga (SGX:U09) Effective Interest Rate on Debt % : 5.44% (As of Dec. 2023)

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What is Avarga 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. Avarga's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$7 Mil. Avarga's average total debt for the quarter that ended in Dec. 2023 was S$126 Mil. Therefore, Avarga's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.44%.

Avarga Effective Interest Rate on Debt % Historical Data

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

Avarga Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.61

5.39

5.64

5.87

5.45

Avarga Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															4.26	6.20	4.81	5.22	5.44

Competitive Comparison of Avarga's Effective Interest Rate on Debt %

For the Industrial Distribution subindustry, Avarga'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.

Avarga's Effective Interest Rate on Debt % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Avarga's Effective Interest Rate on Debt % distribution charts can be found below:

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

Avarga Effective Interest Rate on Debt % Calculation

Avarga'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 * -6.807	/	( (127.997	+	121.992)	/ 2 )
=	-1 * -6.807	/	124.9945
=	5.45 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	91.421	+	36.576
=	127.997

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	89.582	+	32.41
=	121.992

Avarga'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 * -6.866	/	( (130.394	+	121.992)	/ 2 )
=	-1 * -6.866	/	126.193
=	5.44 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	93.838	+	36.556
=	130.394

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	89.582	+	32.41
=	121.992

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.

Avarga (SGX:U09) Effective Interest Rate on Debt % Explanation

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

Avarga Effective Interest Rate on Debt % Related Terms

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Avarga (SGX:U09) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Avarga Ltd (SGX:U09) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kim Seng Promenade, No. 13-10 Great World City West Lobby, Singapore, SGP, 237994

Website

https://www.avarga.com.sg

Avarga Ltd is an investment holding company. It provides trading of paper products. It has four reportable operating segments The Paper Mill division manufactures and sells industrial-grade paper products, collect and trades in waste paper products, the Power division operates a 50 MW gas-fired generating plant in Ywama, Myanmar, the Wholesale distribution segment of building products in Canada, United States and overseas and Others which included investment and corporate segment focus on identifying new investment opportunities locally and overseas. It derives revenues from the Wholesale distribution segment. It operates geographically in Singapore, Canada, the United States, Malaysia, and others. The majority of the revenue comes from Canada.

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