Shin Young Securities Co (XKRX:001720) Effective Interest Rate on Debt % : 25.92% (As of Sep. 2024)

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What is Shin Young Securities 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. Shin Young Securities Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₩227,499 Mil. Shin Young Securities Co's average total debt for the quarter that ended in Sep. 2024 was ₩877,728 Mil. Therefore, Shin Young Securities Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 25.92%.

Shin Young Securities Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shin Young Securities 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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Shin Young Securities Co Effective Interest Rate on Debt % Chart

Shin Young Securities Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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15.78

7.34

6.33

20.14

31.64

Shin Young Securities 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															27.74	25.72	24.95	28.11	25.92

Competitive Comparison of Shin Young Securities Co's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Shin Young Securities 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.

Shin Young Securities Co's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shin Young Securities Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shin Young Securities Co's Effective Interest Rate on Debt % falls into.

Shin Young Securities Co Effective Interest Rate on Debt % Calculation

Shin Young Securities Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -189236.797	/	( (480322.019	+	715929.673)	/ 2 )
=	-1 * -189236.797	/	598125.846
=	31.64 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	480322.019	+	0
=	480322.019

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	715929.673	+	0
=	715929.673

Shin Young Securities 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 * -227498.5	/	( (812904.343	+	942552.28)	/ 2 )
=	-1 * -227498.5	/	877728.3115
=	25.92 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	812904.343	+	0
=	812904.343

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	942552.28	+	0
=	942552.28

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.

Shin Young Securities Co (XKRX:001720) Effective Interest Rate on Debt % Explanation

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

Shin Young Securities Co Effective Interest Rate on Debt % Related Terms

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Shin Young Securities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shin Young Securities Co Ltd (XKRX:001720) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Gukjegeumyung-ro 8-gil, Shinyoung Securities Building 16, Youngdeungpo-gu, Seoul, KOR, 150-884

Website

http://www.shinyoung.com

Shin Young Securities Co Ltd is a Japanese company which is engaged in providing financial products and services. It mainly offers broking trading service on securities such as stocks, bonds, futures, options; research service on domestic and overseas financial market; wealth management services; investment banking including underwriting corporate bonds, structured financing, real estate financing; and issuance of equity-linked securities, derivative-linked securities and other. The company divides its business in four business fields as Brokerage business, Wealth Management business, Investment Banking business and Capital Market business.

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