Samwon Steel Co (XKRX:023000) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)

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What is Samwon 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. Samwon Steel Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₩0 Mil. Samwon Steel Co's average total debt for the quarter that ended in Dec. 2023 was ₩0 Mil. Therefore, Samwon Steel Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.

Samwon Steel Co Effective Interest Rate on Debt % Historical Data

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

Samwon Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.38

0.76

Samwon Steel Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Competitive Comparison of Samwon Steel Co's Effective Interest Rate on Debt %

For the Steel subindustry, Samwon 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.

Samwon Steel Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

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

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

Samwon Steel Co Effective Interest Rate on Debt % Calculation

Samwon 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 * -2.106	/	( (0	+	0)	/ 1 )
=	-1 * -2.106	/	0
=	N/A %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Samwon 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 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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

Samwon Steel Co (XKRX:023000) Effective Interest Rate on Debt % Explanation

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

Samwon Steel Co Effective Interest Rate on Debt % Related Terms

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Samwon Steel Co (XKRX:023000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Samwon Steel Co Ltd (XKRX:023000) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

752, Daegak-ri, Daesong-Myeon, Nam-Gu, Gyeongsangbuk-do, Pohang, North Gyeongsang, KOR, 790-841

Website

http://www.samwon-steel.co.kr

Samwon Steel Co Ltd is a South Korea based supplier of spring materials. The company manufactures laminated springs, wire rod, torsion bars, steel pipes for automobiles. It is also engaged in research and development of lightweight and high-stress resistant materials.

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