TMT Steel PCL (BKK:TMT-R) Effective Interest Rate on Debt % : 2.87% (As of Mar. 2025)

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What is TMT Steel 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. TMT Steel PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ฿145 Mil. TMT Steel PCL's average total debt for the quarter that ended in Mar. 2025 was ฿5,040 Mil. Therefore, TMT Steel PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.87%.

TMT Steel PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for TMT Steel 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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TMT Steel PCL Effective Interest Rate on Debt % Chart

TMT Steel PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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1.80

1.90

2.20

3.30

3.56

TMT Steel PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.49	3.15	3.57	3.30	2.87

Competitive Comparison of TMT Steel PCL's Effective Interest Rate on Debt %

For the Steel subindustry, TMT Steel 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.

TMT Steel PCL's Effective Interest Rate on Debt % Distribution in the Steel Industry

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

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

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TMT Steel PCL Effective Interest Rate on Debt % Calculation

TMT Steel PCL's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -184.581	/	( (5224.374	+	5151.761)	/ 2 )
=	-1 * -184.581	/	5188.0675
=	3.56 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1174.984	+	4049.39
=	5224.374

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	523.067	+	4628.694
=	5151.761

TMT Steel PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -144.876	/	( (5151.761	+	4928.699)	/ 2 )
=	-1 * -144.876	/	5040.23
=	2.87 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	523.067	+	4628.694
=	5151.761

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	419.291	+	4509.408
=	4928.699

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

TMT Steel PCL (BKK:TMT-R) Effective Interest Rate on Debt % Explanation

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

TMT Steel PCL Effective Interest Rate on Debt % Related Terms

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TMT Steel PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMT Steel PCL (BKK:TMT-R) » Definitions » Effective Interest Rate on Debt %

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TMT:Thailand

Address

South Sathorn Road, 22nd Floor, 179 Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.tmtsteel.co.th

TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.

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