MOORIM SP Co (XKRX:001810) Effective Interest Rate on Debt % : 5.45% (As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is MOORIM SP 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. MOORIM SP Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ₩3,551 Mil. MOORIM SP Co's average total debt for the quarter that ended in Jun. 2024 was ₩65,209 Mil. Therefore, MOORIM SP Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 5.45%.

MOORIM SP Co Effective Interest Rate on Debt % Historical Data

The historical data trend for MOORIM SP 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.

* Premium members only.

MOORIM SP Co Effective Interest Rate on Debt % Chart

MOORIM SP 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

2.85

2.54

1.73

2.82

5.38

MOORIM SP Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.32	5.32	5.23	5.70	5.45

Competitive Comparison of MOORIM SP Co's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, MOORIM SP 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.

MOORIM SP Co's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

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

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

MOORIM SP Co Effective Interest Rate on Debt % Calculation

MOORIM SP 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 * -3093.778	/	( (59799.015	+	55140.383)	/ 2 )
=	-1 * -3093.778	/	57469.699
=	5.38 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20026.249	+	39772.766
=	59799.015

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15172.087	+	39968.296
=	55140.383

MOORIM SP Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -3550.916	/	( (62117.486	+	68301.395)	/ 2 )
=	-1 * -3550.916	/	65209.4405
=	5.45 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10180.82	+	51936.666
=	62117.486

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15165.942	+	53135.453
=	68301.395

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

MOORIM SP Co (XKRX:001810) Effective Interest Rate on Debt % Explanation

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

MOORIM SP Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of MOORIM SP Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

MOORIM SP Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » MOORIM SP Co Ltd (XKRX:001810) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

656, Gangnam-Daero, Gangnam-gu, Seoul, KOR

Website

https://www.moorim.co.kr

MOORIM SP Co Ltd is engaged in the manufacture and marketing of papers. The papers the company produced are used for packaging, book cover, card, notebook, shopping bag and various bills.

MOORIM SP Co Headlines

No Headlines