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Singapore Technologies Engineering (Singapore Technologies Engineering) Effective Interest Rate on Debt % : 3.99% (As of Dec. 2023)


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What is Singapore Technologies Engineering 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. Singapore Technologies Engineering's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $183 Mil. Singapore Technologies Engineering's average total debt for the quarter that ended in Dec. 2023 was $4,584 Mil. Therefore, Singapore Technologies Engineering's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.99%.


Singapore Technologies Engineering Effective Interest Rate on Debt % Historical Data

The historical data trend for Singapore Technologies Engineering'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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Singapore Technologies Engineering Effective Interest Rate on Debt % Chart

Singapore Technologies Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 2.28 2.14 3.18 3.76

Singapore Technologies Engineering Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 1.95 3.08 3.60 3.99

Competitive Comparison of Singapore Technologies Engineering's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.


Singapore Technologies Engineering's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Singapore Technologies Engineering's Effective Interest Rate on Debt % distribution charts can be found below:

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



Singapore Technologies Engineering Effective Interest Rate on Debt % Calculation

Singapore Technologies Engineering'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  *  -177.036/( (4833.952+4585.31)/ 2 )
=-1  *  -177.036/4709.631
=3.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2150.146 + 2683.806
=4833.952

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2660.784 + 1924.526
=4585.31

Singapore Technologies Engineering'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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -182.696/( (4582.085+4585.31)/ 2 )
=-1  *  -182.696/4583.6975
=3.99 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2643.352 + 1938.733
=4582.085

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2660.784 + 1924.526
=4585.31

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Singapore Technologies Engineering  (OTCPK:SGGKY) Effective Interest Rate on Debt % Explanation

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


Singapore Technologies Engineering Effective Interest Rate on Debt % Related Terms

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Singapore Technologies Engineering (Singapore Technologies Engineering) Business Description

Traded in Other Exchanges
Address
1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710
Singapore Technologies Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.