PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Effective Interest Rate on Debt % : 0.46% (As of Jun. 2024)

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What is PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was Rp43 Mil. PT Minna Padi Investama Sekuritas Tbk's average total debt for the quarter that ended in Jun. 2024 was Rp9,218 Mil. Therefore, PT Minna Padi Investama Sekuritas Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.46%.

PT Minna Padi Investama Sekuritas Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk Effective Interest Rate on Debt % Chart

PT Minna Padi Investama Sekuritas Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.06

4.26

8.77

8.82

9.47

PT Minna Padi Investama Sekuritas Tbk 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															8.89	8.91	11.40	0.26	0.46

Competitive Comparison of PT Minna Padi Investama Sekuritas Tbk's Effective Interest Rate on Debt %

For the Asset Management subindustry, PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Minna Padi Investama Sekuritas Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT Minna Padi Investama Sekuritas Tbk's Effective Interest Rate on Debt % falls into.

PT Minna Padi Investama Sekuritas Tbk Effective Interest Rate on Debt % Calculation

PT Minna Padi Investama Sekuritas Tbk'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 * -990.195	/	( (11207.627	+	9702.343)	/ 2 )
=	-1 * -990.195	/	10454.985
=	9.47 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9783.257	+	1424.37
=	11207.627

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9702.343	+	0
=	9702.343

PT Minna Padi Investama Sekuritas Tbk'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 * -42.836	/	( (9326.144	+	9110.802)	/ 2 )
=	-1 * -42.836	/	9218.473
=	0.46 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7901.774	+	1424.37
=	9326.144

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9110.802	+	0
=	9110.802

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.

PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Effective Interest Rate on Debt % Explanation

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

PT Minna Padi Investama Sekuritas Tbk Effective Interest Rate on Debt % Related Terms

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PT Minna Padi Investama Sekuritas Tbk Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) » Definitions » Effective Interest Rate on Debt %

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Address

Jl. Jend. Sudirman Kav. 52-53, Equity Tower 11th floor, SCBD Lot 9, South Jakarta, IDN, 12190

Website

https://www.minnapadi.com

PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds with the of obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services.

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