Ton Yi Industrial (TPE:9907) Effective Interest Rate on Debt % : 2.21% (As of Mar. 2024)

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What is Ton Yi Industrial 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. Ton Yi Industrial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was NT$188 Mil. Ton Yi Industrial's average total debt for the quarter that ended in Mar. 2024 was NT$8,513 Mil. Therefore, Ton Yi Industrial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.21%.

Ton Yi Industrial Effective Interest Rate on Debt % Historical Data

The historical data trend for Ton Yi Industrial'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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Ton Yi Industrial Effective Interest Rate on Debt % Chart

Ton Yi Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.45

1.81

1.56

1.82

2.31

Ton Yi Industrial 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															2.56	2.64	2.38	2.27	2.21

Competitive Comparison of Ton Yi Industrial's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Ton Yi Industrial'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.

Ton Yi Industrial's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ton Yi Industrial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ton Yi Industrial's Effective Interest Rate on Debt % falls into.

Ton Yi Industrial Effective Interest Rate on Debt % Calculation

Ton Yi Industrial'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 * -185.034	/	( (7828.208	+	8220.072)	/ 2 )
=	-1 * -185.034	/	8024.14
=	2.31 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5170.132	+	2658.076
=	7828.208

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5266.271	+	2953.801
=	8220.072

Ton Yi Industrial'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 * -188.212	/	( (8220.072	+	8805.371)	/ 2 )
=	-1 * -188.212	/	8512.7215
=	2.21 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5266.271	+	2953.801
=	8220.072

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4733.696	+	4071.675
=	8805.371

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.

Ton Yi Industrial (TPE:9907) Effective Interest Rate on Debt % Explanation

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

Ton Yi Industrial Effective Interest Rate on Debt % Related Terms

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Ton Yi Industrial (TPE:9907) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ton Yi Industrial Corp (TPE:9907) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.837, Zhongzheng North Road, YongKang District, Tainan City, TWN, 710002

Website

https://www.tonyi.com.tw

Ton Yi Industrial Corp manufactures and sells a variety of packaging products. The company's primary product categories include cold rolled carbon steel, tin plates, tin cans, and polyethylene terephthalate (PET). Cold rolled carbon steel is sold to manufacturers of buckets, electric parts, steel tubes, and car parts. Tin plates are sold to manufacturers of nozzles, spouts, crown caps, and can liners. Tin cans are typically sold to the food industry, while PET is used to make plastic bottles, caps, and labels for the beverage industry.

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