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Lotte Chemical Titan Holdings Bhd (XKLS:5284) Effective Interest Rate on Debt % : 0.19% (As of Mar. 2024)


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What is Lotte Chemical Titan Holdings Bhd 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. Lotte Chemical Titan Holdings Bhd's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was RM12 Mil. Lotte Chemical Titan Holdings Bhd's average total debt for the quarter that ended in Mar. 2024 was RM6,622 Mil. Therefore, Lotte Chemical Titan Holdings Bhd's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.19%.


Lotte Chemical Titan Holdings Bhd Effective Interest Rate on Debt % Historical Data

The historical data trend for Lotte Chemical Titan Holdings Bhd'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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Lotte Chemical Titan Holdings Bhd Effective Interest Rate on Debt % Chart

Lotte Chemical Titan Holdings Bhd 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 20.99 18.62 21.22 37.69 0.69

Lotte Chemical Titan Holdings Bhd 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 21.78 2.97 1.39 -0.22 0.19

Competitive Comparison of Lotte Chemical Titan Holdings Bhd's Effective Interest Rate on Debt %

For the Chemicals subindustry, Lotte Chemical Titan Holdings Bhd'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.


Lotte Chemical Titan Holdings Bhd's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical Titan Holdings Bhd's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lotte Chemical Titan Holdings Bhd's Effective Interest Rate on Debt % falls into.



Lotte Chemical Titan Holdings Bhd Effective Interest Rate on Debt % Calculation

Lotte Chemical Titan Holdings Bhd'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  *  -20.786/( (35.626+5977.386)/ 2 )
=-1  *  -20.786/3006.506
=0.69 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.595 + 11.031
=35.626

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5558.675 + 418.711
=5977.386

Lotte Chemical Titan Holdings Bhd'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  *  -12.276/( (5977.386+7265.705)/ 2 )
=-1  *  -12.276/6621.5455
=0.19 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5558.675 + 418.711
=5977.386

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6676.936 + 588.769
=7265.705

* 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.


Lotte Chemical Titan Holdings Bhd  (XKLS:5284) Effective Interest Rate on Debt % Explanation

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


Lotte Chemical Titan Holdings Bhd Effective Interest Rate on Debt % Related Terms

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Lotte Chemical Titan Holdings Bhd (XKLS:5284) Business Description

Traded in Other Exchanges
N/A
Address
PLO 312, Jalan Tembaga 4, Pasir Gudang Industrial Estate, Pasir Gudang, JHR, MYS, 81700
Lotte Chemical Titan Holdings Bhd is a petrochemical producer. Its products include polyolefins, comprising polyethylene and polypropylene and olefins comprising ethylene and propylene and other derivatives such as butadiene, TBA(Tertiary Butyl Alcohol), benzene, and toluene. The company's reportable segments are Olefins and derivative products and Polyolefin products. Geographically the company operates in Malaysia, Indonesia, China (including Hong Kong), Southeast Asia, Northeast Asia, the Indian Sub-Continent, and Others.

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