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Thai Nondestructive Testing PCL (BKK:TNDT) Effective Interest Rate on Debt % : 10.28% (As of Jun. 2024)


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What is Thai Nondestructive Testing 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. Thai Nondestructive Testing PCL's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ฿44.3 Mil. Thai Nondestructive Testing PCL's average total debt for the quarter that ended in Jun. 2024 was ฿430.6 Mil. Therefore, Thai Nondestructive Testing PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 10.28%.


Thai Nondestructive Testing PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Thai Nondestructive Testing 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.

Thai Nondestructive Testing PCL Effective Interest Rate on Debt % Chart

Thai Nondestructive Testing 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 7.79 11.14 20.81 6.70 6.39

Thai Nondestructive Testing PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.17 5.18 -7.17 8.27 10.28

Competitive Comparison of Thai Nondestructive Testing PCL's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Thai Nondestructive Testing 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.


Thai Nondestructive Testing PCL's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thai Nondestructive Testing PCL's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Thai Nondestructive Testing PCL's Effective Interest Rate on Debt % falls into.



Thai Nondestructive Testing PCL Effective Interest Rate on Debt % Calculation

Thai Nondestructive Testing 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  *  -28.824/( (468.14+434.166)/ 2 )
=-1  *  -28.824/451.153
=6.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=217.194 + 250.946
=468.14

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=211.418 + 222.748
=434.166

Thai Nondestructive Testing PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -44.28/( (433.491+427.702)/ 2 )
=-1  *  -44.28/430.5965
=10.28 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=200.724 + 232.767
=433.491

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=200.353 + 227.349
=427.702

* 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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Thai Nondestructive Testing PCL  (BKK:TNDT) Effective Interest Rate on Debt % Explanation

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


Thai Nondestructive Testing PCL Effective Interest Rate on Debt % Related Terms

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Thai Nondestructive Testing PCL Business Description

Traded in Other Exchanges
N/A
Address
Ramkamhaeng Road, 19 Soi Ramkamhaeng 60 Intersection 8 (Suanson 8), Huamark, Bangkapi, Bangkok, THA, 10240
Thai Nondestructive Testing PCL engages in providing technical services and operates engineering inspection and testing through non-destructive techniques. It operates in the segments of Non-Destructive Testing Services and Inspection Services for Pressure Vessel and Solar PV Rooftop. Its Non-Destructive Testing Services segment which earns majority revenue provides conventional and advanced testing services, which are applied to pressure vessels, heat exchangers, boilers, piping and structures in the fields of oil refineries, power plants, petrochemical plants, ship buildings, offshore, bridges and building constructions, and other heavy industries.

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