HYHZF (Korea Shipbuilding & Offshore Engineering) Effective Interest Rate on Debt % : 7.21% (As of Jun. 2024)

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What is Korea Shipbuilding & Offshore Engineering 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. Korea Shipbuilding & Offshore Engineering's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $157 Mil. Korea Shipbuilding & Offshore Engineering's average total debt for the quarter that ended in Jun. 2024 was $2,171 Mil. Therefore, Korea Shipbuilding & Offshore Engineering's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 7.21%.

Korea Shipbuilding & Offshore Engineering Effective Interest Rate on Debt % Historical Data

The historical data trend for Korea Shipbuilding & Offshore Engineering'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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Korea Shipbuilding & Offshore Engineering Effective Interest Rate on Debt % Chart

Korea Shipbuilding & Offshore Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.72

3.83

3.04

3.51

4.83

Korea Shipbuilding & Offshore Engineering 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															5.49	5.65	3.00	6.37	7.21

Competitive Comparison of Korea Shipbuilding & Offshore Engineering's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Korea Shipbuilding & Offshore Engineering'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.

Korea Shipbuilding & Offshore Engineering's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Korea Shipbuilding & Offshore Engineering's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Korea Shipbuilding & Offshore Engineering's Effective Interest Rate on Debt % falls into.

Korea Shipbuilding & Offshore Engineering Effective Interest Rate on Debt % Calculation

Korea Shipbuilding & Offshore Engineering'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 * -148.635	/	( (3078.105	+	3077.256)	/ 2 )
=	-1 * -148.635	/	3077.6805
=	4.83 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1166.582	+	1911.523
=	3078.105

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1351.29	+	1725.966
=	3077.256

Korea Shipbuilding & Offshore Engineering'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 * -156.584	/	( (2591.83	+	1749.446)	/ 2 )
=	-1 * -156.584	/	2170.638
=	7.21 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1187.525	+	1404.305
=	2591.83

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1046.173	+	703.273
=	1749.446

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.

Korea Shipbuilding & Offshore Engineering (GREY:HYHZF) Effective Interest Rate on Debt % Explanation

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

Korea Shipbuilding & Offshore Engineering Effective Interest Rate on Debt % Related Terms

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Korea Shipbuilding & Offshore Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Korea Shipbuilding & Offshore Engineering (GREY:HYHZF) » Definitions » Effective Interest Rate on Debt %

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009540:Korea

Address

75, Yulgok-ro, Jongno-gu, Seoul, KOR, 03058

Website

http://www.ksoe.co.kr

HD Korea Shipbuilding & Offshore Engineering is one of the largest shipbuilding companies in the world. It has the capability to build various types of ships, including submarines, naval ships, and auxiliary service vessels. The company is an industrial conglomerate, and operates several business divisions including Shipbuilding, Offshore & Industrial Plant Engineering, Special & Naval Shipbuilding, Marine Engine & Machinery and Industrial Machinery & Energy.