WooDeumGee Farm Co (XKRX:403490) Effective Interest Rate on Debt % : 3.59% (As of Dec. 2024)

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What is WooDeumGee Farm 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. WooDeumGee Farm Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₩675 Mil. WooDeumGee Farm Co's average total debt for the quarter that ended in Dec. 2024 was ₩18,776 Mil. Therefore, WooDeumGee Farm Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.59%.

WooDeumGee Farm Co Effective Interest Rate on Debt % Historical Data

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

WooDeumGee Farm Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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10.98

19.42

3.63

3.93

3.28

WooDeumGee Farm Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									4.18	4.26	4.32	5.14	3.59

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

For the Farm Products subindustry, WooDeumGee Farm 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.

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

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

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

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WooDeumGee Farm Co Effective Interest Rate on Debt % Calculation

WooDeumGee Farm 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 * -626.739	/	( (13755.84	+	24493.608)	/ 2 )
=	-1 * -626.739	/	19124.724
=	3.28 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4358.448	+	9397.392
=	13755.84

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6260.766	+	18232.842
=	24493.608

WooDeumGee Farm Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -674.748	/	( (13058.009	+	24493.608)	/ 2 )
=	-1 * -674.748	/	18775.8085
=	3.59 %

where

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4631.615	+	8426.394
=	13058.009

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6260.766	+	18232.842
=	24493.608

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

WooDeumGee Farm Co (XKRX:403490) Effective Interest Rate on Debt % Explanation

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

WooDeumGee Farm Co Effective Interest Rate on Debt % Related Terms

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WooDeumGee Farm Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WooDeumGee Farm Co Ltd (XKRX:403490) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

698 Heungsu-ro, Gyuam-myeon, Buyeo-gun, Chungcheongnam-do, KOR

Website

https://www.wdgfarm.com

WooDeumGee Farm Co Ltd is a High tech agricultural company which has developed Korean-style semi-enclosed glass greenhouse. The company operates through Smart farm technology which is a next-generation agricultural system that optimizes the growing environment for crops by combining Fourth industrial technologies such as artificial intelligence, big data, and the Internet of Things with existing agricultural methods.

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