PetroVietnam Gas JSC (STC:GAS) Effective Interest Rate on Debt % : 7.47% (As of Mar. 2024)

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What is PetroVietnam Gas JSC 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. PetroVietnam Gas JSC's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₫433,616 Mil. PetroVietnam Gas JSC's average total debt for the quarter that ended in Mar. 2024 was ₫5,803,273 Mil. Therefore, PetroVietnam Gas JSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.47%.

PetroVietnam Gas JSC Effective Interest Rate on Debt % Historical Data

The historical data trend for PetroVietnam Gas JSC'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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PetroVietnam Gas JSC Effective Interest Rate on Debt % Chart

PetroVietnam Gas JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.14

3.50

5.54

4.79

5.69

PetroVietnam Gas JSC 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															4.02	6.19	18.22	7.29	7.47

Competitive Comparison of PetroVietnam Gas JSC's Effective Interest Rate on Debt %

For the Oil & Gas Integrated subindustry, PetroVietnam Gas JSC'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.

PetroVietnam Gas JSC's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroVietnam Gas JSC's Effective Interest Rate on Debt % distribution charts can be found below:

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

PetroVietnam Gas JSC Effective Interest Rate on Debt % Calculation

PetroVietnam Gas JSC'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 * -339976.057	/	( (6082959.749	+	5875284.294)	/ 2 )
=	-1 * -339976.057	/	5979122.0215
=	5.69 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6037962.89	+	44996.859
=	6082959.749

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4270501.722	+	1604782.572
=	5875284.294

PetroVietnam Gas JSC'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 * -433616.276	/	( (5875284.294	+	5731261.902)	/ 2 )
=	-1 * -433616.276	/	5803273.098
=	7.47 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4270501.722	+	1604782.572
=	5875284.294

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4233471.023	+	1497790.879
=	5731261.902

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.

PetroVietnam Gas JSC (STC:GAS) Effective Interest Rate on Debt % Explanation

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

PetroVietnam Gas JSC Effective Interest Rate on Debt % Related Terms

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PetroVietnam Gas JSC (STC:GAS) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroVietnam Gas JSC (STC:GAS) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

No. 673 Nguyen Huu Tho Street, 12th, 12Ath, 14th, 15th Floor, PV Gas Building, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, VNM

Website

https://www.pvgas.com.vn

PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.