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Minor International PCL (BKK:MINT-F) Effective Interest Rate on Debt % : 6.03% (As of Dec. 2023)


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What is Minor International 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. Minor International PCL's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ฿12,127 Mil. Minor International PCL's average total debt for the quarter that ended in Dec. 2023 was ฿201,053 Mil. Therefore, Minor International PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.03%.


Minor International PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Minor International 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.

* Premium members only.

Minor International PCL Effective Interest Rate on Debt % Chart

Minor International PCL 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 3.41 4.34 3.93 4.14 5.54

Minor International PCL 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 4.71 4.77 5.67 5.63 6.03

Competitive Comparison of Minor International PCL's Effective Interest Rate on Debt %

For the Lodging subindustry, Minor International 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.


Minor International PCL's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Minor International PCL's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Minor International PCL's Effective Interest Rate on Debt % falls into.



Minor International PCL Effective Interest Rate on Debt % Calculation

Minor International 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  *  -11256.656/( (208796.844+197474.624)/ 2 )
=-1  *  -11256.656/203135.734
=5.54 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=173959.048 + 34837.796
=208796.844

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=166651.092 + 30823.532
=197474.624

Minor International PCL'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  *  -12126.98/( (204631.475+197474.624)/ 2 )
=-1  *  -12126.98/201053.0495
=6.03 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=171473.27 + 33158.205
=204631.475

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=166651.092 + 30823.532
=197474.624

* 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.


Minor International PCL  (BKK:MINT-F) Effective Interest Rate on Debt % Explanation

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


Minor International PCL Effective Interest Rate on Debt % Related Terms

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Minor International PCL (BKK:MINT-F) Business Description

Traded in Other Exchanges
Address
Ratchadaphisek Road, 12th Floor, 88 The Parq Building, Klongtoey Subdistrict, Klongtoey District, Bangkok, THA, 10110
Minor International PCL operates hotels, restaurants, and several smaller businesses. The company operates in four segments: Hotel, with properties in Europe, Thailand, and Latin America; Restaurant, with locations primarily in Thailand, China, and Australia; Retail, which offers a wide range of high-end clothing and consumer products through stores and e-commerce in Thailand; and Mixed-Use. Most of its revenue comes from European hotels. A sizable portion of sales also comes from the restaurant segment in Thailand.

Minor International PCL (BKK:MINT-F) Headlines

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