COL Financial Group (PHS:COL) Effective Interest Rate on Debt % : 38.92% (As of Dec. 2023)

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What is COL Financial Group 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. COL Financial Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₱17 Mil. COL Financial Group's average total debt for the quarter that ended in Dec. 2023 was ₱44 Mil. Therefore, COL Financial Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 38.92%.

COL Financial Group Effective Interest Rate on Debt % Historical Data

The historical data trend for COL Financial Group'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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COL Financial Group Effective Interest Rate on Debt % Chart

COL Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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10.84

13.27

12.51

11.49

13.51

COL Financial Group 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															32.21	6.29	4.03	3.80	38.92

Competitive Comparison of COL Financial Group's Effective Interest Rate on Debt %

For the Capital Markets subindustry, COL Financial Group'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.

COL Financial Group's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

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

* The bar in red indicates where COL Financial Group's Effective Interest Rate on Debt % falls into.

COL Financial Group Effective Interest Rate on Debt % Calculation

COL Financial Group'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 * -6.118	/	( (51.401	+	39.146)	/ 2 )
=	-1 * -6.118	/	45.2735
=	13.51 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.988	+	19.413
=	51.401

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.484	+	19.662
=	39.146

COL Financial Group'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 * -17.232	/	( (49.402	+	39.146)	/ 2 )
=	-1 * -17.232	/	44.274
=	38.92 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26.551	+	22.851
=	49.402

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.484	+	19.662
=	39.146

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.

COL Financial Group (PHS:COL) Effective Interest Rate on Debt % Explanation

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

COL Financial Group Effective Interest Rate on Debt % Related Terms

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COL Financial Group (PHS:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » COL Financial Group Inc (PHS:COL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Unit 2401-B East Tower, Philippine Stock Exchange Centre, Ortigas Center, Pasig, RIZ, PHL, 1605

Website

https://www.colfinancial.com

COL Financial Group Inc together with its subsidiary provides online financial services in the Philippines. Its proprietary online trading platform, provides real-time market information and execution, investing tools and functionalities, and stock market research and analysis. The company is also involved in the provision of financial advisory services; and gathering and distribution of financial and investment information and statistics, as well as acts as a financial, commercial, or business representative. Its operating segment being stock brokerage services and others. The company generates maximum revenue from stock brokerage services segment. Geographically, it derives a majority of revenue from the Philippines.