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PT Essa Industries Indonesia Tbk (ISX:ESSA) Effective Interest Rate on Debt % : 4.44% (As of Dec. 2024)


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What is PT Essa Industries Indonesia Tbk 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. PT Essa Industries Indonesia Tbk's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was Rp71,776 Mil. PT Essa Industries Indonesia Tbk's average total debt for the quarter that ended in Dec. 2024 was Rp1,617,879 Mil. Therefore, PT Essa Industries Indonesia Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.44%.


PT Essa Industries Indonesia Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Essa Industries Indonesia Tbk'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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PT Essa Industries Indonesia Tbk Effective Interest Rate on Debt % Chart

PT Essa Industries Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 9.98 7.06 5.88 4.90

PT Essa Industries Indonesia Tbk 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 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 4.56 5.62 5.00 4.58 4.44

Competitive Comparison of PT Essa Industries Indonesia Tbk's Effective Interest Rate on Debt %

For the Chemicals subindustry, PT Essa Industries Indonesia Tbk'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.


PT Essa Industries Indonesia Tbk's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Essa Industries Indonesia Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT Essa Industries Indonesia Tbk's Effective Interest Rate on Debt % falls into.


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PT Essa Industries Indonesia Tbk Effective Interest Rate on Debt % Calculation

PT Essa Industries Indonesia Tbk'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  *  -97610.022/( (2500263.759+1484227.17)/ 2 )
=-1  *  -97610.022/1992245.4645
=4.90 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=853446.243 + 1646817.516
=2500263.759

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=259684.03 + 1224543.14
=1484227.17

PT Essa Industries Indonesia Tbk'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  *  -71776.32/( (1751529.901+1484227.17)/ 2 )
=-1  *  -71776.32/1617878.5355
=4.44 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=396147.779 + 1355382.122
=1751529.901

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=259684.03 + 1224543.14
=1484227.17

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


PT Essa Industries Indonesia Tbk  (ISX:ESSA) Effective Interest Rate on Debt % Explanation

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


PT Essa Industries Indonesia Tbk Effective Interest Rate on Debt % Related Terms

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PT Essa Industries Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Prof. Dr. Satrio, Kav. 3-5, DBS Bank Tower, 18th Floor, Ciputra World 1 Jakarta, Jakarta, IDN, 12940
PT Essa Industries Indonesia Tbk owns and operates privately owned domestic liquefied petroleum gas (LPG) refinery in Indonesia. Its main business is the refining and processing of natural gas to produce LPG (mixture of Propane and Butane), condensate, methanol, carbonation and gasification of coal, or other hydrocarbon materials. The principal products of the company include LPG, Condensate and Ammonia. It is also engaged in other activities such as crude oil mining, Wholesale trade in gas, liquid and solid fuels and similar products, Gas distribution and supporting service activities related to oil and gas mining carried out on a fee or contract basis. The company's segments are; LPG refinery, Ammonia which generates key revenue, and others.