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PT Ricky Putra Globalindo Tbk (ISX:RICY) Effective Interest Rate on Debt % : 6.13% (As of Mar. 2024)


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What is PT Ricky Putra Globalindo 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 Ricky Putra Globalindo Tbk's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was Rp71,982 Mil. PT Ricky Putra Globalindo Tbk's average total debt for the quarter that ended in Mar. 2024 was Rp1,174,533 Mil. Therefore, PT Ricky Putra Globalindo Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.13%.


PT Ricky Putra Globalindo Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Ricky Putra Globalindo 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 Ricky Putra Globalindo Tbk Effective Interest Rate on Debt % Chart

PT Ricky Putra Globalindo Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.42 7.94 8.06 5.76 7.17

PT Ricky Putra Globalindo 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 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 6.05 9.54 6.13 7.07 6.13

Competitive Comparison of PT Ricky Putra Globalindo Tbk's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, PT Ricky Putra Globalindo 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 Ricky Putra Globalindo Tbk's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Ricky Putra Globalindo Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

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



PT Ricky Putra Globalindo Tbk Effective Interest Rate on Debt % Calculation

PT Ricky Putra Globalindo 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  *  -84639.365/( (1187610.691+1172957.622)/ 2 )
=-1  *  -84639.365/1180284.1565
=7.17 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=321072.177 + 866538.514
=1187610.691

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=312552.747 + 860404.875
=1172957.622

PT Ricky Putra Globalindo 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  *  -71982.008/( (1172957.622+1176108.524)/ 2 )
=-1  *  -71982.008/1174533.073
=6.13 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=312552.747 + 860404.875
=1172957.622

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=239735.606 + 936372.918
=1176108.524

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


PT Ricky Putra Globalindo Tbk  (ISX:RICY) Effective Interest Rate on Debt % Explanation

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


PT Ricky Putra Globalindo Tbk Effective Interest Rate on Debt % Related Terms

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PT Ricky Putra Globalindo Tbk (ISX:RICY) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sawah Lio II No. 29 - 37, Jembatan Lima, Tambora, Jakarta Barat, Jakarta, IDN, 11250
PT Ricky Putra Globalindo Tbk is primarily engaged in the manufacturing of underwear and fashion wear, trading, and spinning manufacturing. The operating segments of the company are the Manufacturing of underwear, outerwear manufacturing, yarn manufacturing and others. Men's underwear consists of seven main product segments to serve the domestic market under the brands Ricky, GT Man, GT Ladies, Ricsony, GT Man Kid, GT Kid, GTman Sport, and BUM Equipment. Geographically, the group operates in Jakarta and Java, Asia, Sumatera, Kalimantan, Sulawesi, Europe, Africa, the Middle East, Australia, and America, of which key revenue is derived from Jakarta and Java.

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