PT Paninvest Tbk (ISX:PNIN) Effective Interest Rate on Debt % : 291.80% (As of Mar. 2024)

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What is PT Paninvest 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 Paninvest Tbk's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was Rp21,393,616 Mil. PT Paninvest Tbk's average total debt for the quarter that ended in Mar. 2024 was Rp7,331,686 Mil. Therefore, PT Paninvest Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 291.80%.

PT Paninvest Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Paninvest 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 Paninvest Tbk Effective Interest Rate on Debt % Chart

PT Paninvest Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3,857.49

18.05

52.02

66.29

PT Paninvest Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															492.39	-	9,262.14	1,389.84	291.80

Competitive Comparison of PT Paninvest Tbk's Effective Interest Rate on Debt %

For the Insurance - Life subindustry, PT Paninvest 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 Paninvest Tbk's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Paninvest Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

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

PT Paninvest Tbk Effective Interest Rate on Debt % Calculation

PT Paninvest 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 * -5381905	/	( (8086237	+	8150576)	/ 2 )
=	-1 * -5381905	/	8118406.5
=	66.29 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8081674	+	4563
=	8086237

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8144681	+	5895
=	8150576

PT Paninvest Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -21393616	/	( (8150576	+	6512795)	/ 2 )
=	-1 * -21393616	/	7331685.5
=	291.80 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8144681	+	5895
=	8150576

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6512795	+	0
=	6512795

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

PT Paninvest Tbk (ISX:PNIN) Effective Interest Rate on Debt % Explanation

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

PT Paninvest Tbk Effective Interest Rate on Debt % Related Terms

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PT Paninvest Tbk (ISX:PNIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Paninvest Tbk (ISX:PNIN) » Definitions » Effective Interest Rate on Debt %

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Address

Jalan. Palmerah Utara No. 52, Panin Bank Plaza 6th Floor, Jakarta, IDN, 11480

Website

https://www.paninvest.co.id

PT Paninvest Tbk is an Indonesia-based company primarily engaged in providing life insurance products. The group classifies their lines of business into life insurance which comprises death, personal health, personal accident, unit link, and others. Geographically, all the business activity functions through the region of Indonesia and it derives most of the income in the form of premiums and commissions.

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