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Kumho Electric (XKRX:001210) Effective Interest Rate on Debt % : -1.95% (As of Dec. 2023)


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What is Kumho Electric 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. Kumho Electric's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₩-560 Mil. Kumho Electric's average total debt for the quarter that ended in Dec. 2023 was ₩28,683 Mil. Therefore, Kumho Electric's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -1.95%.


Kumho Electric Effective Interest Rate on Debt % Historical Data

The historical data trend for Kumho Electric'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.

* Premium members only.

Kumho Electric Effective Interest Rate on Debt % Chart

Kumho Electric 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 10.17 14.16 12.10 16.62 7.22

Kumho Electric 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 -6.40 20.44 -3.46 18.21 -1.95

Competitive Comparison of Kumho Electric's Effective Interest Rate on Debt %

For the Electrical Equipment & Parts subindustry, Kumho Electric'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.


Kumho Electric's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

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



Kumho Electric Effective Interest Rate on Debt % Calculation

Kumho Electric'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  *  -2522.885/( (38087.904+31809.711)/ 2 )
=-1  *  -2522.885/34948.8075
=7.22 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3988.143 + 34099.761
=38087.904

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4970.491 + 26839.22
=31809.711

Kumho Electric'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  *  560.132/( (25556.67+31809.711)/ 2 )
=-1  *  560.132/28683.1905
=-1.95 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1414.38 + 24142.29
=25556.67

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4970.491 + 26839.22
=31809.711

* 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.


Kumho Electric  (XKRX:001210) Effective Interest Rate on Debt % Explanation

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


Kumho Electric Effective Interest Rate on Debt % Related Terms

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Kumho Electric (XKRX:001210) Business Description

Traded in Other Exchanges
N/A
Address
41, Mapo-daero 4da-gil, Mapo-gu, Seoul, KOR, 121-050
Kumho Electric Inc is a Korea-based company engaged in the manufacture of general lightings and display lightings solution. The company offers products such as general lighting consisting of tube type, circular and bulb type fluorescent lamp, electrodeless lamp and electronic ballast, light emitting diode krypton and backlight unit. It also distributes its products within domestic and international markets.

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