SeAH SPECIAL STEEL CO (XKRX:019440) Effective Interest Rate on Debt % : 4.81% (As of Dec. 2023)

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What is SeAH SPECIAL STEEL 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. SeAH SPECIAL STEEL CO's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₩10,905 Mil. SeAH SPECIAL STEEL CO's average total debt for the quarter that ended in Dec. 2023 was ₩226,858 Mil. Therefore, SeAH SPECIAL STEEL CO's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.81%.

SeAH SPECIAL STEEL CO Effective Interest Rate on Debt % Historical Data

The historical data trend for SeAH SPECIAL STEEL 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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SeAH SPECIAL STEEL CO Effective Interest Rate on Debt % Chart

SeAH SPECIAL STEEL 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

3.30

3.29

2.77

3.94

5.22

SeAH SPECIAL STEEL CO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.19	4.62	4.78	4.83	4.81

Competitive Comparison of SeAH SPECIAL STEEL CO's Effective Interest Rate on Debt %

For the Steel subindustry, SeAH SPECIAL STEEL 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.

SeAH SPECIAL STEEL CO's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SeAH SPECIAL STEEL CO's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where SeAH SPECIAL STEEL CO's Effective Interest Rate on Debt % falls into.

SeAH SPECIAL STEEL CO Effective Interest Rate on Debt % Calculation

SeAH SPECIAL STEEL 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 * -11330.978	/	( (220025.551	+	213896.103)	/ 2 )
=	-1 * -11330.978	/	216960.827
=	5.22 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	26600.049	+	193425.502
=	220025.551

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9906.188	+	203989.915
=	213896.103

SeAH SPECIAL STEEL CO's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -10904.88	/	( (239820.211	+	213896.103)	/ 2 )
=	-1 * -10904.88	/	226858.157
=	4.81 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9946.303	+	229873.908
=	239820.211

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9906.188	+	203989.915
=	213896.103

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

SeAH SPECIAL STEEL CO (XKRX:019440) Effective Interest Rate on Debt % Explanation

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

SeAH SPECIAL STEEL CO Effective Interest Rate on Debt % Related Terms

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SeAH SPECIAL STEEL CO (XKRX:019440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SeAH SPECIAL STEEL CO LTD (XKRX:019440) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

45, Yanghwa-ro, Mapo-gu, SeAH Tower 24 floor, Seoul, KOR, 790-240

Website

http://www.seahsp.co.kr

SeAH SPECIAL STEEL CO LTD is a manufacturer of steel products. Its product portfolio includes cold rolling, cold extrusion, and cold drawing, CHQ wire and CD bars. The company's products used in safety belt shafts, automotive bolts, and construction bolt, automotive bolts, oil pump gears, and aircraft bolts.

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