Sangsangin Co (XKRX:038540) Effective Interest Rate on Debt % : 0.26% (As of Mar. 2025)

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What is Sangsangin 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. Sangsangin Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₩1,938 Mil. Sangsangin Co's average total debt for the quarter that ended in Mar. 2025 was ₩751,346 Mil. Therefore, Sangsangin Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 0.26%.

Sangsangin Co Effective Interest Rate on Debt % Historical Data

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

Sangsangin Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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0.40

0.64

1.62

0.74

0.24

Sangsangin Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.43	0.20	0.40	0.01	0.26

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

For the Banks - Regional subindustry, Sangsangin 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.

Sangsangin Co's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sangsangin Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Sangsangin Co Effective Interest Rate on Debt % Calculation

Sangsangin Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -3267.315	/	( (1818354.281	+	853664.632)	/ 2 )
=	-1 * -3267.315	/	1336009.4565
=	0.24 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31310.315	+	1787043.966
=	1818354.281

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41828.957	+	811835.675
=	853664.632

Sangsangin Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -1938.188	/	( (853664.632	+	649028.36)	/ 2 )
=	-1 * -1938.188	/	751346.496
=	0.26 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	41828.957	+	811835.675
=	853664.632

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	39880.596	+	609147.764
=	649028.36

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sangsangin Co (XKRX:038540) Effective Interest Rate on Debt % Explanation

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

Sangsangin Co Effective Interest Rate on Debt % Related Terms

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Sangsangin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sangsangin Co Ltd (XKRX:038540) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

358 Hwangsaewul-Road, Bundang-Gu, Gyeonggi-Do, Seongnam-Si, KOR, 153-759

Website

https://www.sangsanginworld.co.kr

Sangsangin Co Ltd is engaged in the business of information and communication, finance, shipbuilding, and computer program development. The information and communication business provides a comprehensive range of services from network design, equipment supply and installation, and maintenance. The financial business sector mainly engages in savings banks and financial investment businesses, and the shipbuilding business manufactures and sells facilities and equipment used for the construction or repair of ships, and the computer program development and operation business segment develops and directly operates or sells computer programs necessary for network construction and collateral management, and the majority of its revenue generated from the Financial sector.

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