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New Toyo International Holdings (SGX:N08) Effective Interest Rate on Debt % : 7.45% (As of Dec. 2023)


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What is New Toyo International Holdings 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. New Toyo International Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$0.9 Mil. New Toyo International Holdings's average total debt for the quarter that ended in Dec. 2023 was S$11.8 Mil. Therefore, New Toyo International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.45%.


New Toyo International Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for New Toyo International Holdings'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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New Toyo International Holdings Effective Interest Rate on Debt % Chart

New Toyo International Holdings 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 6.21 5.65 4.56 5.86 7.45

New Toyo International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.89 3.96 6.75 6.34 7.45

Competitive Comparison of New Toyo International Holdings's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, New Toyo International Holdings'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.


New Toyo International Holdings's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, New Toyo International Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where New Toyo International Holdings's Effective Interest Rate on Debt % falls into.



New Toyo International Holdings Effective Interest Rate on Debt % Calculation

New Toyo International Holdings'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  *  -0.831/( (11.616+10.688)/ 2 )
=-1  *  -0.831/11.152
=7.45 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.618 + 3.998
=11.616

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.827 + 1.861
=10.688

New Toyo International Holdings'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.882/( (12.987+10.688)/ 2 )
=-1  *  -0.882/11.8375
=7.45 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.701 + 3.286
=12.987

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.827 + 1.861
=10.688

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


New Toyo International Holdings  (SGX:N08) Effective Interest Rate on Debt % Explanation

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


New Toyo International Holdings Effective Interest Rate on Debt % Related Terms

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New Toyo International Holdings (SGX:N08) Business Description

Traded in Other Exchanges
N/A
Address
16 Soon Lee Road, Singapore, SGP, 628079
New Toyo International Holdings Ltd along with its subsidiaries is engaged in printing and sale of paper packaging materials. Its operating segments include Specialty papers which manufacture and sell laminated aluminum paper products and other packaging products. Printed cartons and labels segment includes printing and sale of paper packaging materials. The trading segment includes the sale of raw materials, paper products, and equipment. Tissue paper segment manufactures and sells paper products. Investment holding segment includes Investing activities, including investment in properties. It generates the majority of the revenue from Specialty papers segment.

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