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Daegu Department Store (XKRX:006370) Effective Interest Rate on Debt % : 8.14% (As of Dec. 2023)


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What is Daegu Department Store 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. Daegu Department Store's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₩19,352 Mil. Daegu Department Store's average total debt for the quarter that ended in Dec. 2023 was ₩237,614 Mil. Therefore, Daegu Department Store's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.14%.


Daegu Department Store Effective Interest Rate on Debt % Historical Data

The historical data trend for Daegu Department Store'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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Daegu Department Store Effective Interest Rate on Debt % Chart

Daegu Department Store Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 3.40 3.40 3.96 7.46

Daegu Department Store Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.14 6.40 6.16 8.14 8.14

Competitive Comparison of Daegu Department Store's Effective Interest Rate on Debt %

For the Department Stores subindustry, Daegu Department Store'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.


Daegu Department Store's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daegu Department Store's Effective Interest Rate on Debt % distribution charts can be found below:

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



Daegu Department Store Effective Interest Rate on Debt % Calculation

Daegu Department Store'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  *  -16375.866/( (201690.342+237442.593)/ 2 )
=-1  *  -16375.866/219566.4675
=7.46 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=38532.146 + 163158.196
=201690.342

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122250.437 + 115192.156
=237442.593

Daegu Department Store'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -19352.28/( (237786.269+237442.593)/ 2 )
=-1  *  -19352.28/237614.431
=8.14 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122304.179 + 115482.09
=237786.269

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=122250.437 + 115192.156
=237442.593

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


Daegu Department Store  (XKRX:006370) Effective Interest Rate on Debt % Explanation

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


Daegu Department Store Effective Interest Rate on Debt % Related Terms

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Daegu Department Store (XKRX:006370) Business Description

Traded in Other Exchanges
N/A
Address
88 Gongpyeong-ro, Jung-gu, Daegu, KOR, 700-714
Daegu Department Store is a Korea-based company engaged in the business of operating departmental stores.

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