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Hyundai Engineeringnstruction Co (XKRX:000720) Effective Interest Rate on Debt % : 4.14% (As of Mar. 2024)


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What is Hyundai Engineeringnstruction 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. Hyundai Engineeringnstruction Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩106,496 Mil. Hyundai Engineeringnstruction Co's average total debt for the quarter that ended in Mar. 2024 was ₩2,569,946 Mil. Therefore, Hyundai Engineeringnstruction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.14%.


Hyundai Engineeringnstruction Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hyundai Engineeringnstruction 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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Hyundai Engineeringnstruction Co Effective Interest Rate on Debt % Chart

Hyundai Engineeringnstruction 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 Premium Member Only Premium Member Only 3.34 2.97 2.39 2.14 3.03

Hyundai Engineeringnstruction 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 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 2.60 2.74 3.12 3.34 4.14

Competitive Comparison of Hyundai Engineeringnstruction Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Hyundai Engineeringnstruction 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.


Hyundai Engineeringnstruction Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hyundai Engineeringnstruction Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Hyundai Engineeringnstruction Co Effective Interest Rate on Debt % Calculation

Hyundai Engineeringnstruction 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  *  -64062/( (1834310+2396675)/ 2 )
=-1  *  -64062/2115492.5
=3.03 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1231807 + 602503
=1834310

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1793566 + 603109
=2396675

Hyundai Engineeringnstruction 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  *  -106496/( (2396675+2743216)/ 2 )
=-1  *  -106496/2569945.5
=4.14 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1793566 + 603109
=2396675

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1850019 + 893197
=2743216

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


Hyundai Engineeringnstruction Co  (XKRX:000720) Effective Interest Rate on Debt % Explanation

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


Hyundai Engineeringnstruction Co Effective Interest Rate on Debt % Related Terms

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Hyundai Engineeringnstruction Co (XKRX:000720) Business Description

Traded in Other Exchanges
Address
Hyundai Building 75, Yulgok-ro, Jongno-gu, Seoul, KOR, 110920
Hyundai Engineering & Construction Co Ltd works in the construction industry, and has completed civil, building, plant, and energy projects. It constructs buildings, structures, and infrastructure primarily geared toward transportation, power stations, gas facilities, and real estate. The company operates four business segments: building works, civil works, plant works/electrical works, and other. Procuring materials and delivering timely performance to develop large, complex structures are focuses of the business. The company has a strong sales presence in its home country of Korea, but it derives the majority of its sales from international projects in Asia, Africa, and other regions.

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