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Next Capital PCL (BKK:NCAP) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Next Capital 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. Next Capital PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ฿0 Mil. Next Capital PCL's average total debt for the quarter that ended in Mar. 2024 was ฿5,185 Mil. Therefore, Next Capital PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Next Capital PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Next Capital 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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Next Capital PCL Effective Interest Rate on Debt % Chart

Next Capital PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Next Capital PCL Quarterly Data
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Competitive Comparison of Next Capital PCL's Effective Interest Rate on Debt %

For the Credit Services subindustry, Next Capital 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.


Next Capital PCL's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Next Capital PCL's Effective Interest Rate on Debt % distribution charts can be found below:

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



Next Capital PCL Effective Interest Rate on Debt % Calculation

Next Capital 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  *  0/( (3827.467+5272.247)/ 2 )
=-1  *  0/4549.857
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2070.071 + 1757.396
=3827.467

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2988.213 + 2284.034
=5272.247

Next Capital 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  *  0/( (5272.247+5096.885)/ 2 )
=-1  *  0/5184.566
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2988.213 + 2284.034
=5272.247

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2700.648 + 2396.237
=5096.885

* 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.


Next Capital PCL  (BKK:NCAP) Effective Interest Rate on Debt % Explanation

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


Next Capital PCL Effective Interest Rate on Debt % Related Terms

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Next Capital PCL (BKK:NCAP) Business Description

Traded in Other Exchanges
N/A
Address
Surawong Road, No. 163 Thai Samut Building, 15th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500
Next Capital PCL is a financial institution that lends credit to the public but does not receive deposits. The company operates a hire-purchase loan business which is not under the supervision of the Bank of Thailand with a focus on serving retail customers who mainly want to own motorcycles by offering new motorcycle hire-purchase loans. It is engaged in two segments which are motorcycle hire-purchase and used truck hire-purchase.