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Grand Pacific Petrochemical (TPE:1312A) Effective Interest Rate on Debt % : 0.91% (As of Sep. 2024)


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What is Grand Pacific Petrochemical 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. Grand Pacific Petrochemical's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was NT$219 Mil. Grand Pacific Petrochemical's average total debt for the quarter that ended in Sep. 2024 was NT$24,166 Mil. Therefore, Grand Pacific Petrochemical's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.91%.


Grand Pacific Petrochemical Effective Interest Rate on Debt % Historical Data

The historical data trend for Grand Pacific Petrochemical'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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Grand Pacific Petrochemical Effective Interest Rate on Debt % Chart

Grand Pacific Petrochemical 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 1.95 0.85 0.33 0.60 0.72

Grand Pacific Petrochemical Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.70 0.77 0.71 0.83 0.91

Competitive Comparison of Grand Pacific Petrochemical's Effective Interest Rate on Debt %

For the Chemicals subindustry, Grand Pacific Petrochemical'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.


Grand Pacific Petrochemical's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Grand Pacific Petrochemical's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Grand Pacific Petrochemical's Effective Interest Rate on Debt % falls into.



Grand Pacific Petrochemical Effective Interest Rate on Debt % Calculation

Grand Pacific Petrochemical'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  *  -153.201/( (20748.897+21527.171)/ 2 )
=-1  *  -153.201/21138.034
=0.72 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18260.542 + 2488.355
=20748.897

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15629.161 + 5898.01
=21527.171

Grand Pacific Petrochemical's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -218.796/( (25255.937+23076.581)/ 2 )
=-1  *  -218.796/24166.259
=0.91 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13763.872 + 11492.065
=25255.937

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17653.021 + 5423.56
=23076.581

* 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 four times the quarterly (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Grand Pacific Petrochemical  (TPE:1312A) Effective Interest Rate on Debt % Explanation

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


Grand Pacific Petrochemical Effective Interest Rate on Debt % Related Terms

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Grand Pacific Petrochemical Business Description

Traded in Other Exchanges
Address
No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567
Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The Company's core business lines include Petrochemical Manufacturing, Synthetic Resin & Plastic Manufacturing, and Other Chemical Products Manufacturing. Additionally, it engages in Steam and Electricity Paragenesis, Heat Energy supply, and international trade. The revenues are categorized into distinct product lines, including Petrochemical products, Plastic products, Hydrogen products, Steam and electricity products, and Nylon products. Additionally, the company generates revenue through the resale of plasticized raw materials.

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