Chungdam Global Co (XKRX:362320) Effective Interest Rate on Debt % : 9.69% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Chungdam Global 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. Chungdam Global Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩2,772 Mil. Chungdam Global Co's average total debt for the quarter that ended in Mar. 2024 was ₩28,616 Mil. Therefore, Chungdam Global Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 9.69%.

Chungdam Global Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chungdam Global 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.

Chungdam Global Co Effective Interest Rate on Debt % Chart

Chungdam Global Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

20.38

17.45

19.33

11.48

Chungdam Global Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial							15.01	11.16	9.16	9.02	9.69

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

For the Household & Personal Products subindustry, Chungdam Global 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.

Chungdam Global Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

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

Chungdam Global Co Effective Interest Rate on Debt % Calculation

Chungdam Global Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -1226.581	/	( (9889.638	+	11488.121)	/ 2 )
=	-1 * -1226.581	/	10688.8795
=	11.48 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7995.629	+	1894.009
=	9889.638

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5507.429	+	5980.692
=	11488.121

Chungdam Global Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -2771.84	/	( (25587.978	+	31644.484)	/ 2 )
=	-1 * -2771.84	/	28616.231
=	9.69 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	803.811	+	24784.167
=	25587.978

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	756.369	+	30888.115
=	31644.484

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Chungdam Global Co (XKRX:362320) Effective Interest Rate on Debt % Explanation

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

Chungdam Global Co Effective Interest Rate on Debt % Related Terms

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

Chungdam Global Co (XKRX:362320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chungdam Global Co Ltd (XKRX:362320) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rm. 2401, Building B, Songdo Centroad Office, 23, Incheon tower-daero, Yeonsu-gu, Incheon, KOR

Website

http://www.chungdamgroup.com

Chungdam Global Co Ltd operates as a distributor that offers a total value distribution platform, which streamlined marketing and distribution for brand lands of high-potential products. It offers cosmetics like Toner, Cream, Serum, Mask, among other.

Chungdam Global Co (XKRX:362320) Headlines

No Headlines