Daekyo Co (XKRX:019680) Effective Interest Rate on Debt % : 9.18% (As of Sep. 2024)

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What is Daekyo 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. Daekyo Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ₩11,620 Mil. Daekyo Co's average total debt for the quarter that ended in Sep. 2024 was ₩126,533 Mil. Therefore, Daekyo Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 9.18%.

Daekyo Co Effective Interest Rate on Debt % Historical Data

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

Daekyo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.66

3.67

3.40

3.76

6.77

Daekyo 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															7.23	7.39	9.08	9.25	9.18

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

For the Education & Training Services subindustry, Daekyo 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.

Daekyo Co's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Daekyo Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Daekyo Co Effective Interest Rate on Debt % Calculation

Daekyo 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 * -8075.835	/	( (98202.423	+	140416.423)	/ 2 )
=	-1 * -8075.835	/	119309.423
=	6.77 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	58925.881	+	39276.542
=	98202.423

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	56457.417	+	83959.006
=	140416.423

Daekyo 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 * -11620.36	/	( (126140.095	+	126925.015)	/ 2 )
=	-1 * -11620.36	/	126532.555
=	9.18 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	53254.673	+	72885.422
=	126140.095

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	54731.499	+	72193.516
=	126925.015

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.

Daekyo Co (XKRX:019680) Effective Interest Rate on Debt % Explanation

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

Daekyo Co Effective Interest Rate on Debt % Related Terms

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Daekyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Daekyo Co Ltd (XKRX:019680) » Definitions » Effective Interest Rate on Debt %

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019685:Korea

Address

Noonnopi Seocho Center, 446-3, Bangbae-Dong, Seocho-Gu, Seoul, KOR, 137-818

Website

http://eng.daekyo.com

Daekyo Co Ltd is a Korean education company that provides services such as learning centers, educational materials, media programs, and international programs. The company's largest segment is its Noonnoppi brand of learning centers and self-learning systems. This segment offers on-site learning centers for children as well as home tutoring and virtual learning programs. The majority of students that subscribe to Noonnoppi programs are elementary and middle/high school students, followed by adult learners. Daekyo also operates over 10 international subsidiaries the U.S. and in 21 countries across Asia.

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