Sahaviriya Steel Industries (BKK:SSI-R) Effective Interest Rate on Debt % : -7.28% (As of Dec. 2019)

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What is Sahaviriya Steel Industries 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. Sahaviriya Steel Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2019 was ฿-789.71 Mil. Sahaviriya Steel Industries's average total debt for the quarter that ended in Dec. 2019 was ฿10,843.46 Mil. Therefore, Sahaviriya Steel Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 was -7.28%.

Sahaviriya Steel Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Sahaviriya Steel Industries'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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Sahaviriya Steel Industries Effective Interest Rate on Debt % Chart

Sahaviriya Steel Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Effective Interest Rate on Debt %

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6.34

16.43

7.92

11.69

9.47

Sahaviriya Steel Industries Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.03	7.92	-7.78	7.39	-7.28

Competitive Comparison of Sahaviriya Steel Industries's Effective Interest Rate on Debt %

For the Steel subindustry, Sahaviriya Steel Industries'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.

Sahaviriya Steel Industries's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahaviriya Steel Industries's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sahaviriya Steel Industries's Effective Interest Rate on Debt % falls into.

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Sahaviriya Steel Industries Effective Interest Rate on Debt % Calculation

Sahaviriya Steel Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2018 )	+	Total Debt (A: Dec. 2019 ))	/ count )
=	-1 * -5.511	/	( (51.533	+	64.818)	/ 2 )
=	-1 * -5.511	/	58.1755
=	9.47 %

where

	Total Debt (A: Dec. 2018 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.131	+	47.402
=	51.533

	Total Debt (A: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.803	+	63.015
=	64.818

Sahaviriya Steel Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2019 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2019 )	+	Total Debt (Q: Dec. 2019 ))	/ count )
=	-1 * 789.712	/	( (21622.097	+	64.818)	/ 2 )
=	-1 * 789.712	/	10843.4575
=	-7.28 %

where

	Total Debt (Q: Jun. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20510.741	+	1111.356
=	21622.097

	Total Debt (Q: Dec. 2019 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.803	+	63.015
=	64.818

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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sahaviriya Steel Industries (BKK:SSI-R) Effective Interest Rate on Debt % Explanation

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

Sahaviriya Steel Industries Effective Interest Rate on Debt % Related Terms

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Sahaviriya Steel Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahaviriya Steel Industries PLC (BKK:SSI-R) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500

Website

http://www.ssi-steel.com

Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

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