Hsin Tai Gas (ROCO:8917) Effective Interest Rate on Debt % : 1.99% (As of Mar. 2025)

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What is Hsin Tai Gas 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. Hsin Tai Gas's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was NT$0 Mil. Hsin Tai Gas's average total debt for the quarter that ended in Mar. 2025 was NT$15 Mil. Therefore, Hsin Tai Gas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.99%.

Hsin Tai Gas Effective Interest Rate on Debt % Historical Data

The historical data trend for Hsin Tai Gas'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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Hsin Tai Gas Effective Interest Rate on Debt % Chart

Hsin Tai Gas Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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1.53

1.65

1.67

1.84

Hsin Tai Gas Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.22	1.94	1.95	2.12	1.99

Competitive Comparison of Hsin Tai Gas's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Hsin Tai Gas'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.

Hsin Tai Gas's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hsin Tai Gas's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hsin Tai Gas's Effective Interest Rate on Debt % falls into.

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Hsin Tai Gas Effective Interest Rate on Debt % Calculation

Hsin Tai Gas's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.315	/	( (17.175	+	17.125)	/ 2 )
=	-1 * -0.315	/	17.15
=	1.84 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10.653	+	6.522
=	17.175

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.996	+	11.129
=	17.125

Hsin Tai Gas's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -0.304	/	( (17.125	+	13.386)	/ 2 )
=	-1 * -0.304	/	15.2555
=	1.99 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.996	+	11.129
=	17.125

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.952	+	5.434
=	13.386

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Hsin Tai Gas (ROCO:8917) Effective Interest Rate on Debt % Explanation

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

Hsin Tai Gas Effective Interest Rate on Debt % Related Terms

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Hsin Tai Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hsin Tai Gas Corp (ROCO:8917) » Definitions » Effective Interest Rate on Debt %

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Address

No. 221, Section 2, Zhonghua Road, Tucheng District, New Taipei City, TWN

Website

https://www.htgas.com.tw

Hsin Tai Gas Corp is engaged in natural gas supply, natural gas transmission system construction, sale and installation of gas meters, and office building rental business. The company provides natural gas mainly to families, government organizations, and other areas. It operates its business mainly in New Taipei City.

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