Shih Wei Navigation Co (TPE:5608) Effective Interest Rate on Debt % : 5.33% (As of Mar. 2024)

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What is Shih Wei Navigation 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. Shih Wei Navigation Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was NT$530 Mil. Shih Wei Navigation Co's average total debt for the quarter that ended in Mar. 2024 was NT$9,953 Mil. Therefore, Shih Wei Navigation Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.33%.

Shih Wei Navigation Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shih Wei Navigation 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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Shih Wei Navigation Co Effective Interest Rate on Debt % Chart

Shih Wei Navigation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.57

2.32

1.66

2.84

5.38

Shih Wei Navigation Co 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															5.00	5.37	5.76	5.70	5.33

Competitive Comparison of Shih Wei Navigation Co's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Shih Wei Navigation 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.

Shih Wei Navigation Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shih Wei Navigation Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shih Wei Navigation Co's Effective Interest Rate on Debt % falls into.

Shih Wei Navigation Co Effective Interest Rate on Debt % Calculation

Shih Wei Navigation 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 * -614.485	/	( (12813.28	+	10019.038)	/ 2 )
=	-1 * -614.485	/	11416.159
=	5.38 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7750.393	+	5062.887
=	12813.28

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5542.427	+	4476.611
=	10019.038

Shih Wei Navigation Co'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 * -530.46	/	( (10019.038	+	9886.145)	/ 2 )
=	-1 * -530.46	/	9952.5915
=	5.33 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5542.427	+	4476.611
=	10019.038

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6511.901	+	3374.244
=	9886.145

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.

Shih Wei Navigation Co (TPE:5608) Effective Interest Rate on Debt % Explanation

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

Shih Wei Navigation Co Effective Interest Rate on Debt % Related Terms

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Shih Wei Navigation Co (TPE:5608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shih Wei Navigation Co Ltd (TPE:5608) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 167, Fusing North Road, 16th Floor, Song-Shan District, Taipei, TWN, 10547

Website

https://www.swnav.com.tw

Shih Wei Navigation Co Ltd is a Taiwan-based company, that engages in the provision of shipping-related services. Its business includes the international shipping industry, bulk carrier leasing, and cargo transportation of bulk timber, steel, and ores. Its shipping agency industries such as cargo handling, crew loan allocation, ship repair projects, marine materials, arrangements, and other projects. Its vessel type includes Panamax, Supramax, Handy, Multi-Purpose, and Log Carriers. The company's operating segment includes Shipping and Tourist. It generates maximum revenue from the Shipping segment. Geographically, it derives a majority of its revenue from Asia.

Shih Wei Navigation Co (TPE:5608) Headlines

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