Daishin Securities Co (LSE:DSS) Effective Interest Rate on Debt % : 7.28% (As of Dec. 2023)

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What is Daishin Securities Co 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. Daishin Securities Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $486.6 Mil. Daishin Securities Co's average total debt for the quarter that ended in Dec. 2023 was $6,680.1 Mil. Therefore, Daishin Securities Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.28%.

Daishin Securities Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Daishin Securities Co'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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Daishin Securities Co Effective Interest Rate on Debt % Chart

Daishin Securities Co Annual Data

Trend

Mar13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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5.20

5.53

4.22

3.04

4.83

Daishin Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.12	7.74	8.38	7.72	7.28

Competitive Comparison of Daishin Securities Co's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Daishin Securities Co'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.

Daishin Securities Co's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daishin Securities Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Daishin Securities Co's Effective Interest Rate on Debt % falls into.

Daishin Securities Co Effective Interest Rate on Debt % Calculation

Daishin Securities Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -290.11	/	( (6719.628	+	5290.965)	/ 2 )
=	-1 * -290.11	/	6005.2965
=	4.83 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6719.628	+	0
=	6719.628

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5290.965	+	0
=	5290.965

Daishin Securities Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -486.572	/	( (6272.593	+	7087.62)	/ 2 )
=	-1 * -486.572	/	6680.1065
=	7.28 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6272.593	+	0
=	6272.593

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7087.62	+	0
=	7087.62

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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Daishin Securities Co (LSE:DSS) Effective Interest Rate on Debt % Explanation

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

Daishin Securities Co Effective Interest Rate on Debt % Related Terms

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Daishin Securities Co (LSE:DSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daishin Securities Co Ltd (LSE:DSS) » Definitions » Effective Interest Rate on Debt %

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003547:Korea 003545:Korea 003540:Korea

Address

Daishin Finance Center 343, Samil-daero, Jung-gu, Seoul, KOR

Website

https://eng.daishin.com

Daishin Securities Co Ltd is a South Korean financial service company. The company operates in Hong Kong and the United States but conducts the majority of its business domestically. It generates most of its revenue from investment in equity, bonds, and derivatives. The retail segment of the company provides brokerage services and generates the second-largest amount of revenue. The next- largest segment purchases and sells asset-backed securities, including bonds and bad assets. The company also engages in corporate business, enterprise finance, savings banking, economic research, and foreign business.