Southeast Cement Co (TPE:1110) Effective Interest Rate on Debt % : 1.81% (As of Jun. 2024)

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What is Southeast Cement Co 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. Southeast Cement Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was NT$39 Mil. Southeast Cement Co's average total debt for the quarter that ended in Jun. 2024 was NT$2,171 Mil. Therefore, Southeast Cement Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 1.81%.

Southeast Cement Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Southeast Cement Co'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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Southeast Cement Co Effective Interest Rate on Debt % Chart

Southeast Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.99

1.21

1.02

0.86

1.36

Southeast Cement Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.55	1.55	0.11	1.63	1.81

Competitive Comparison of Southeast Cement Co's Effective Interest Rate on Debt %

For the Building Materials subindustry, Southeast Cement Co'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.

Southeast Cement Co's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Southeast Cement Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Southeast Cement Co's Effective Interest Rate on Debt % falls into.

Southeast Cement Co Effective Interest Rate on Debt % Calculation

Southeast Cement Co'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 * -31.283	/	( (2587.743	+	2019.587)	/ 2 )
=	-1 * -31.283	/	2303.665
=	1.36 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	568.72	+	2019.023
=	2587.743

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	770.094	+	1249.493
=	2019.587

Southeast Cement Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -39.292	/	( (2088.652	+	2253.478)	/ 2 )
=	-1 * -39.292	/	2171.065
=	1.81 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	787.147	+	1301.505
=	2088.652

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	832.599	+	1420.879
=	2253.478

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Southeast Cement Co (TPE:1110) Effective Interest Rate on Debt % Explanation

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

Southeast Cement Co Effective Interest Rate on Debt % Related Terms

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Southeast Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Southeast Cement Co Ltd (TPE:1110) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

No.21, Wu Fu 3 Road, 1st Floor, 4th Floor, Qianjin District, Kaohsiung, TWN

Website

http://www.southeastcement.com.tw

Southeast Cement Co Ltd is principally engaged in the manufacturing and distribution of cement and slag powder. It also produces limestone and pre-mixed concrete. The firm's products include type I Portland cement, clinker and slag powder. The company's products are mainly applied to public engineering and buildings.

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