Vinacomin Machinery Joint Stock Company (HSTC:CTT) Effective Interest Rate on Debt % : 7.47% (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Vinacomin Machinery Joint Stock Company 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. Vinacomin Machinery Joint Stock Company's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ₫9,692 Mil. Vinacomin Machinery Joint Stock Company's average total debt for the quarter that ended in Sep. 2023 was ₫129,828 Mil. Therefore, Vinacomin Machinery Joint Stock Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 7.47%.

Vinacomin Machinery Joint Stock Company Effective Interest Rate on Debt % Historical Data

The historical data trend for Vinacomin Machinery Joint Stock Company'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.

Vinacomin Machinery Joint Stock Company Effective Interest Rate on Debt % Chart

Vinacomin Machinery Joint Stock Company Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

8.48

7.74

7.04

7.24

Vinacomin Machinery Joint Stock Company Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													6.25	5.84	8.55	10.21	7.47

Competitive Comparison of Vinacomin Machinery Joint Stock Company's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Vinacomin Machinery Joint Stock Company'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.

Vinacomin Machinery Joint Stock Company's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinacomin Machinery Joint Stock Company's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vinacomin Machinery Joint Stock Company's Effective Interest Rate on Debt % falls into.

Vinacomin Machinery Joint Stock Company Effective Interest Rate on Debt % Calculation

Vinacomin Machinery Joint Stock Company's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -14438.069	/	( (206503.761	+	192112.975)	/ 2 )
=	-1 * -14438.069	/	199308.368
=	7.24 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	24200.339	+	182303.422
=	206503.761

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20569.061	+	171543.914
=	192112.975

Vinacomin Machinery Joint Stock Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -9691.72	/	( (135287.231	+	124369.764)	/ 2 )
=	-1 * -9691.72	/	129828.4975
=	7.47 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22114.6	+	113172.631
=	135287.231

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19705.9	+	104663.864
=	124369.764

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Vinacomin Machinery Joint Stock Company (HSTC:CTT) Effective Interest Rate on Debt % Explanation

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

Vinacomin Machinery Joint Stock Company Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Vinacomin Machinery Joint Stock Company's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vinacomin Machinery Joint Stock Company (HSTC:CTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinacomin Machinery Joint Stock Company (HSTC:CTT) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM

Website

http://www.chetaomay.com.vn

Vinacomin Machinery Joint Stock Company is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.