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MPC plus (XKRX:050540) Effective Interest Rate on Debt % : 2.40% (As of Dec. 2022)


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What is MPC plus 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. MPC plus's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was ₩266 Mil. MPC plus's average total debt for the quarter that ended in Dec. 2022 was ₩11,074 Mil. Therefore, MPC plus's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 2.40%.


MPC plus Effective Interest Rate on Debt % Historical Data

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

MPC plus Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.28 8.22 11.67 7.05 6.36

MPC plus Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 7.53 5.64 5.31 9.07 2.40

Competitive Comparison of MPC plus's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, MPC plus'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.


MPC plus's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, MPC plus's Effective Interest Rate on Debt % distribution charts can be found below:

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



MPC plus Effective Interest Rate on Debt % Calculation

MPC plus's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -1205.095/( (24409.405+13476.091)/ 2 )
=-1  *  -1205.095/18942.748
=6.36 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7748.817 + 16660.588
=24409.405

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8281.163 + 5194.928
=13476.091

MPC plus's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -266.06/( (11074.089+0)/ 1 )
=-1  *  -266.06/11074.089
=2.40 %

where

Total Debt  (Q: Sep. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7628.201 + 3445.888
=11074.089

* 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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


MPC plus  (XKRX:050540) Effective Interest Rate on Debt % Explanation

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


MPC plus Effective Interest Rate on Debt % Related Terms

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MPC plus (XKRX:050540) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » MPC plus Inc (XKRX:050540) » Definitions » Effective Interest Rate on Debt %
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Address
9th Floor Roseddale Building, Gwangpyeonno 280, Gangnam-gu, Seoul, KOR, 138-744
HANKOOK Corp Inc is a South Korean company operates as a information technology service provider. The company offers CRM solutions like analysis solution , IP solution, evaluation solution, and integrated counselling solution.

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