Longchen Paper & Packaging Co (TPE:1909) Effective Interest Rate on Debt % : 3.79% (As of Sep. 2024)

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What is Longchen Paper & Packaging 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. Longchen Paper & Packaging Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was NT$1,613 Mil. Longchen Paper & Packaging Co's average total debt for the quarter that ended in Sep. 2024 was NT$42,541 Mil. Therefore, Longchen Paper & Packaging Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.79%.

Longchen Paper & Packaging Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Longchen Paper & Packaging 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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Longchen Paper & Packaging Co Effective Interest Rate on Debt % Chart

Longchen Paper & Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.25

3.87

3.67

3.77

3.90

Longchen Paper & Packaging Co 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															3.62	3.96	3.93	3.91	3.79

Competitive Comparison of Longchen Paper & Packaging Co's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Longchen Paper & Packaging 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.

Longchen Paper & Packaging Co's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Longchen Paper & Packaging Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Longchen Paper & Packaging Co's Effective Interest Rate on Debt % falls into.

Longchen Paper & Packaging Co Effective Interest Rate on Debt % Calculation

Longchen Paper & Packaging 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 * -1638.568	/	( (42323.128	+	41652.652)	/ 2 )
=	-1 * -1638.568	/	41987.89
=	3.90 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25598.697	+	16724.431
=	42323.128

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28755.868	+	12896.784
=	41652.652

Longchen Paper & Packaging Co'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 * -1613.228	/	( (42291.955	+	42789.21)	/ 2 )
=	-1 * -1613.228	/	42540.5825
=	3.79 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25442.366	+	16849.589
=	42291.955

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26392.819	+	16396.391
=	42789.21

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.

Longchen Paper & Packaging Co (TPE:1909) Effective Interest Rate on Debt % Explanation

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

Longchen Paper & Packaging Co Effective Interest Rate on Debt % Related Terms

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Longchen Paper & Packaging Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Longchen Paper & Packaging Co Ltd (TPE:1909) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

No. 1-1, Guangxing Lane, Guangxing Village, Erlin Township, Zhanghua, TWN

Website

https://www.longchenpaper.com

Longchen Paper & Packaging Co Ltd manufactures and sells paper and electronics products. The company's paper products include printing and writing paper, industrial paper, craft and corrugated paperboards, and corrugated paper boxes. The firm's customers include consumer electronics manufacturers and food and beverage manufacturers. The company also generates and sells electricity from waste incineration and operates a wastewater treatment business. The majority of Long Chen Paper's revenue is generated in China and Taiwan.

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