Thai Oil PCL (Thai Oil PCL) Effective Interest Rate on Debt % : 2.21% (As of Mar. 2024)

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What is Thai Oil PCL 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. Thai Oil PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $116 Mil. Thai Oil PCL's average total debt for the quarter that ended in Mar. 2024 was $5,280 Mil. Therefore, Thai Oil PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.21%.

Thai Oil PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Thai Oil PCL'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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Thai Oil PCL Effective Interest Rate on Debt % Chart

Thai Oil PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.97

3.12

1.93

1.92

2.14

Thai Oil PCL 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															1.96	2.31	2.13	2.26	2.21

Competitive Comparison of Thai Oil PCL's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Thai Oil PCL'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.

Thai Oil PCL's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Thai Oil PCL's Effective Interest Rate on Debt % falls into.

Thai Oil PCL Effective Interest Rate on Debt % Calculation

Thai Oil PCL'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 * -116.878	/	( (5644.813	+	5265.936)	/ 2 )
=	-1 * -116.878	/	5455.3745
=	2.14 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4969.064	+	675.749
=	5644.813

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4846.804	+	419.132
=	5265.936

Thai Oil PCL'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 * -116.468	/	( (5265.936	+	5294.173)	/ 2 )
=	-1 * -116.468	/	5280.0545
=	2.21 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4846.804	+	419.132
=	5265.936

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5069.509	+	224.664
=	5294.173

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.

Thai Oil PCL (OTCPK:TOIPF) Effective Interest Rate on Debt % Explanation

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

Thai Oil PCL Effective Interest Rate on Debt % Related Terms

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Thai Oil PCL (Thai Oil PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Thai Oil PCL (OTCPK:TOIPF) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

TOIPY:USA TOP:Thailand LQZ1:Germany

Address

11th Floor, Vibhavadi Rangsit Road, 555/1 Energy Complex Building A, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900

Website

https://www.thaioilgroup.com

Thai Oil PCL is a refiner and supplier of petroleum products. Based out of Thailand, the company's refinery unit produces the most revenue of its various business segments. Thai Oil's refined products primarily consist of middle-distillation fuels such as jet fuel, kerosene, and diesel fuel. Once refined, petroleum products can be transported by the midstream business, Thai Petroleum Pipeline. In addition to the transportation and refinery segments, Thai Oil produces aromatics, which are used in products like detergent. Power generation, alternative energy, and chemical production are also byproducts of Thai Oil and its many subsidiaries.

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