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Dongkuk Coated Metal Co (XKRX:460850) Effective Interest Rate on Debt % : 5.01% (As of Dec. 2024)


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What is Dongkuk Coated Metal 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. Dongkuk Coated Metal Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₩20,252 Mil. Dongkuk Coated Metal Co's average total debt for the quarter that ended in Dec. 2024 was ₩404,068 Mil. Therefore, Dongkuk Coated Metal Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.01%.


Dongkuk Coated Metal Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Dongkuk Coated Metal 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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Dongkuk Coated Metal Co Effective Interest Rate on Debt % Chart

Dongkuk Coated Metal Co Annual Data
Trend Dec23 Dec24
Effective Interest Rate on Debt %
3.31 5.46

Dongkuk Coated Metal Co Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial 5.83 5.83 5.53 5.28 5.01

Competitive Comparison of Dongkuk Coated Metal Co's Effective Interest Rate on Debt %

For the Steel subindustry, Dongkuk Coated Metal 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.


Dongkuk Coated Metal Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

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

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


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Dongkuk Coated Metal Co Effective Interest Rate on Debt % Calculation

Dongkuk Coated Metal 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  *  -23043/( (444547.197+399090.211)/ 2 )
=-1  *  -23043/421818.704
=5.46 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=889.612 + 443657.585
=444547.197

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=336.54 + 398753.671
=399090.211

Dongkuk Coated Metal 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  *  -20252/( (409045.797+399090.211)/ 2 )
=-1  *  -20252/404068.004
=5.01 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=393.948 + 408651.849
=409045.797

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=336.54 + 398753.671
=399090.211

* 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.

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.


Dongkuk Coated Metal Co  (XKRX:460850) Effective Interest Rate on Debt % Explanation

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


Dongkuk Coated Metal Co Effective Interest Rate on Debt % Related Terms

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Dongkuk Coated Metal Co Business Description

Traded in Other Exchanges
N/A
Address
19 Euljiro 5-gil,, Jung-gu,, Seoul, KOR
Dongkuk Coated Metal Co Ltd manufactures steel products. Its product offerings comprise Pre-Coated Metal, Cold Rolled & Galvanized Steel, and processed Products for Construction.

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