Pact Group Holdings (Pact Group Holdings) Effective Interest Rate on Debt %

: 4.75% (As of Dec. 2023)

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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. Pact Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $35 Mil. Pact Group Holdings's average total debt for the quarter that ended in Dec. 2023 was $744 Mil. Therefore, Pact Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.75%.

Pact Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Pact Group Holdings'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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Pact Group Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

4.90

3.64

2.21

2.27

3.80

Pact Group Holdings 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 %																2.29	2.28	3.87	3.65	4.75

Competitive Comparison

For the Packaging & Containers subindustry, Pact Group Holdings'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.

Pact Group Holdings Effective Interest Rate on Debt % Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Pact Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Pact Group Holdings Effective Interest Rate on Debt % Calculation

Pact Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -30.62	/	( (806.952	+	803.348)	/ 2 )
=	-1 * -30.62	/	805.15
=	3.80 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	754.664	+	52.288
=	806.952

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	748.47	+	54.878
=	803.348

Pact Group Holdings'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 * -35.298	/	( (803.348	+	684.123)	/ 2 )
=	-1 * -35.298	/	743.7355
=	4.75 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	748.47	+	54.878
=	803.348

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	633.148	+	50.975
=	684.123

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.

Pact Group Holdings (OTCPK:PCTGY) Effective Interest Rate on Debt % Explanation

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

Pact Group Holdings Effective Interest Rate on Debt % Related Terms

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Pact Group Holdings (Pact Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pact Group Holdings Ltd (OTCPK:PCTGY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

27P:Germany PGH:Australia

Address

658 Church Street, Building 1, Level 5, Cremorne, Sydney, VIC, AUS, 3121

Website

https://www.pactgroup.com

Pact Group Holdings Ltd is a rigid packaging plastics manufacturer in Australia and New Zealand. The company has three operating segments that include Packaging and sustainability, Materials Handling & Pooling, and Contract Manufacturing. The majority of its revenue is generated from the Packaging and sustainability segment.