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i-Tail PCL (BKK:ITC) Effective Interest Rate on Debt % : 13.22% (As of Mar. 2024)


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What is i-Tail PCL 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. i-Tail PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ฿6 Mil. i-Tail PCL's average total debt for the quarter that ended in Mar. 2024 was ฿45 Mil. Therefore, i-Tail PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 13.22%.


i-Tail PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for i-Tail PCL'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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i-Tail PCL Effective Interest Rate on Debt % Chart

i-Tail PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
0.65 0.96 14.06 6.28

i-Tail PCL Quarterly Data
Dec20 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 47.77 12.73 12.67 -53.98 13.22

Competitive Comparison of i-Tail PCL's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, i-Tail PCL'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.


i-Tail PCL's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, i-Tail PCL's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where i-Tail PCL's Effective Interest Rate on Debt % falls into.



i-Tail PCL Effective Interest Rate on Debt % Calculation

i-Tail PCL'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  *  -2.796/( (42.301+46.784)/ 2 )
=-1  *  -2.796/44.5425
=6.28 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.457 + 13.844
=42.301

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.996 + 13.788
=46.784

i-Tail PCL'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  *  -5.952/( (46.784+43.263)/ 2 )
=-1  *  -5.952/45.0235
=13.22 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.996 + 13.788
=46.784

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=30.202 + 13.061
=43.263

* 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.


i-Tail PCL  (BKK:ITC) Effective Interest Rate on Debt % Explanation

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


i-Tail PCL Effective Interest Rate on Debt % Related Terms

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i-Tail PCL (BKK:ITC) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 979/92-94, 29th Floor, S.M. Tower, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
i-Tail Corp PCL is a manufacturer and distributor of pet food and other pet care related businesses. The Group has three reportable segments: Pet food, Ambient seafood and value-added, and Others. The majority of the revenue is generated from the Pet food segment.

i-Tail PCL (BKK:ITC) Headlines

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