Point Engineering Co (XKRX:256630) Effective Interest Rate on Debt % : 4.09% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Point Engineering 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. Point Engineering Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ₩975 Mil. Point Engineering Co's average total debt for the quarter that ended in Dec. 2023 was ₩23,819 Mil. Therefore, Point Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.09%.

Point Engineering Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Point Engineering 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.

* Premium members only.

Point Engineering Co Effective Interest Rate on Debt % Chart

Point Engineering Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.38

2.11

1.91

2.60

4.00

Point Engineering 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															2.61	3.31	4.01	3.98	4.09

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

For the Electronic Components subindustry, Point Engineering 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.

Point Engineering Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Point Engineering Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Point Engineering Co Effective Interest Rate on Debt % Calculation

Point Engineering 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 * -874.059	/	( (19676.564	+	24054.823)	/ 2 )
=	-1 * -874.059	/	21865.6935
=	4.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3296.971	+	16379.593
=	19676.564

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9120.741	+	14934.082
=	24054.823

Point Engineering 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 * -974.996	/	( (23583.949	+	24054.823)	/ 2 )
=	-1 * -974.996	/	23819.386
=	4.09 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9214.943	+	14369.006
=	23583.949

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9120.741	+	14934.082
=	24054.823

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.

Point Engineering Co (XKRX:256630) Effective Interest Rate on Debt % Explanation

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

Point Engineering Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Point Engineering Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Point Engineering Co (XKRX:256630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Point Engineering Co Ltd (XKRX:256630) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Asan Valley-ro, Dunpo-Myeon, Chungnam, Asan-si, KOR

Website

http://www.pointeng.co.kr

Point Engineering Co Ltd is a South Korea based company engaged in manufacturing of precision parts and materials based on fine machining and surface treatment technology. The products of the company include LCD Parts such as Susceptor, Diffuser, Backing Plate and Upper Electrode. It also provides Etch Part and Metal Frame among other products.

Point Engineering Co (XKRX:256630) Headlines

No Headlines