Petrolimex Petrochemical JSC (HSTC:PLC) Effective Interest Rate on Debt % : 5.01% (As of Dec. 2024)

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What is Petrolimex Petrochemical JSC 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. Petrolimex Petrochemical JSC's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₫89,817 Mil. Petrolimex Petrochemical JSC's average total debt for the quarter that ended in Dec. 2024 was ₫1,791,844 Mil. Therefore, Petrolimex Petrochemical JSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.01%.

Petrolimex Petrochemical JSC Effective Interest Rate on Debt % Historical Data

The historical data trend for Petrolimex Petrochemical JSC'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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Petrolimex Petrochemical JSC Effective Interest Rate on Debt % Chart

Petrolimex Petrochemical JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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5.90

4.12

5.11

7.49

5.55

Petrolimex Petrochemical JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.46	4.22	4.51	4.45	5.01

Competitive Comparison of Petrolimex Petrochemical JSC's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Petrolimex Petrochemical JSC'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.

Petrolimex Petrochemical JSC's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petrolimex Petrochemical JSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Petrolimex Petrochemical JSC's Effective Interest Rate on Debt % falls into.

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Petrolimex Petrochemical JSC Effective Interest Rate on Debt % Calculation

Petrolimex Petrochemical JSC'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 * -85578.832	/	( (1365113.845	+	1718987.017)	/ 2 )
=	-1 * -85578.832	/	1542050.431
=	5.55 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1365113.845
=	1365113.845

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1718987.017
=	1718987.017

Petrolimex Petrochemical JSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -89816.916	/	( (1864701.682	+	1718987.017)	/ 2 )
=	-1 * -89816.916	/	1791844.3495
=	5.01 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1864701.682
=	1864701.682

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1718987.017
=	1718987.017

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

Petrolimex Petrochemical JSC (HSTC:PLC) Effective Interest Rate on Debt % Explanation

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

Petrolimex Petrochemical JSC Effective Interest Rate on Debt % Related Terms

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Petrolimex Petrochemical JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petrolimex Petrochemical Corporation JSC (HSTC:PLC) » Definitions » Effective Interest Rate on Debt %

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Address

MIPEC Tower, No.229 Tay Son Street, Dong Da District, Floors 18 & 19, Nga Tu So Ward, Hanoi, VNM

Website

http://www.plc.petrolimex.com.vn

Petrolimex Petrochemical Corporation JSC is principally engaged in trading, importing and exporting lubricants, asphalt, chemicals and other commodities in the oil and gas sector. It is also involved in the trading, importing and exporting materials and equipment specialized in petrochemicals. The company offers transportation, warehouse rental, mixing, test analysis, consulting and technical services. In addition, it provides seagoing vessel services.