Kumho Petro Chemical (XKRX:011780) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Kumho Petro Chemical 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. Kumho Petro Chemical's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩0 Mil. Kumho Petro Chemical's average total debt for the quarter that ended in Mar. 2024 was ₩882,883 Mil. Therefore, Kumho Petro Chemical's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Kumho Petro Chemical Effective Interest Rate on Debt % Historical Data

The historical data trend for Kumho Petro Chemical'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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Kumho Petro Chemical Effective Interest Rate on Debt % Chart

Kumho Petro Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.35

2.71

2.80

2.95

3.61

Kumho Petro Chemical 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															3.83	4.19	4.24	2.38	-

Competitive Comparison of Kumho Petro Chemical's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Kumho Petro Chemical'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.

Kumho Petro Chemical's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kumho Petro Chemical's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kumho Petro Chemical's Effective Interest Rate on Debt % falls into.

Kumho Petro Chemical Effective Interest Rate on Debt % Calculation

Kumho Petro Chemical'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 * -30318.47	/	( (796765.797	+	882883.183)	/ 2 )
=	-1 * -30318.47	/	839824.49
=	3.61 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	303863.501	+	492902.296
=	796765.797

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	346217.163	+	536666.02
=	882883.183

Kumho Petro Chemical'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 * 0	/	( (882883.183	+	0)	/ 1 )
=	-1 * 0	/	882883.183
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	346217.163	+	536666.02
=	882883.183

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

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.

Kumho Petro Chemical (XKRX:011780) Effective Interest Rate on Debt % Explanation

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

Kumho Petro Chemical Effective Interest Rate on Debt % Related Terms

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Kumho Petro Chemical (XKRX:011780) Business Description

Industry

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011785:Korea

Address

21/24F Kumho Asiana Main Tower 115, Sinmunno 1-ga, Jongno-gu, Seoul, KOR, 110-061

Website

http://www.kkpc.com

Kumho Petro Chemical Ltd is a manufacturer of synthetic rubbers, and does business in synthetic resins, specialty chemicals, electronic materials, nanocarbon, energy, and building materials. The synthetic rubber business constitutes the largest portion of the company's revenue, and its products are applied to tires, shoes, auto parts, and other industrial applications. Kumho's main customers, under the rubber segment, are global tire manufacturers. Second to the rubber business in revenue, the synthetic resins business manufactures products used in auto parts, home appliances, beverage containers, and a host of other products. The company's revenue is largely derived from international exports, but the remainder of sales are executed in Korea.

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