Daemyung Sonoseason Co (XKRX:007720) Effective Interest Rate on Debt % : 11.21% (As of Mar. 2024)

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What is Daemyung Sonoseason 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. Daemyung Sonoseason Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩3,478 Mil. Daemyung Sonoseason Co's average total debt for the quarter that ended in Mar. 2024 was ₩31,018 Mil. Therefore, Daemyung Sonoseason Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.21%.

Daemyung Sonoseason Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Daemyung Sonoseason 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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Daemyung Sonoseason Co Effective Interest Rate on Debt % Chart

Daemyung Sonoseason Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.97

6.91

8.64

10.94

11.11

Daemyung Sonoseason 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															11.01	11.21	11.40	11.31	11.21

Competitive Comparison of Daemyung Sonoseason Co's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Daemyung Sonoseason 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.

Daemyung Sonoseason Co's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Daemyung Sonoseason Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Daemyung Sonoseason Co Effective Interest Rate on Debt % Calculation

Daemyung Sonoseason 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 * -3296.206	/	( (28505.122	+	30852.996)	/ 2 )
=	-1 * -3296.206	/	29679.059
=	11.11 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2001.998	+	26503.124
=	28505.122

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1748.345	+	29104.651
=	30852.996

Daemyung Sonoseason 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 * -3478.004	/	( (30852.996	+	31182.626)	/ 2 )
=	-1 * -3478.004	/	31017.811
=	11.21 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1748.345	+	29104.651
=	30852.996

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1738.709	+	29443.917
=	31182.626

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.

Daemyung Sonoseason Co (XKRX:007720) Effective Interest Rate on Debt % Explanation

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

Daemyung Sonoseason Co Effective Interest Rate on Debt % Related Terms

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Daemyung Sonoseason Co (XKRX:007720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Daemyung Sonoseason Co Ltd (XKRX:007720) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR

Website

http://www.daemyungcorporation.com

Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

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