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Asian Sea PCL (BKK:ASIAN) Effective Interest Rate on Debt % : 5.06% (As of Mar. 2024)


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What is Asian Sea PCL 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. Asian Sea PCL's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ฿16 Mil. Asian Sea PCL's average total debt for the quarter that ended in Mar. 2024 was ฿323 Mil. Therefore, Asian Sea PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.06%.


Asian Sea PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Asian Sea PCL'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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Asian Sea PCL Effective Interest Rate on Debt % Chart

Asian Sea PCL 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 4.08 3.80 3.33 4.57 4.66

Asian Sea PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.86 4.52 5.26 3.72 5.06

Competitive Comparison of Asian Sea PCL's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Asian Sea PCL'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.


Asian Sea PCL's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Asian Sea PCL's Effective Interest Rate on Debt % falls into.



Asian Sea PCL Effective Interest Rate on Debt % Calculation

Asian Sea PCL'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  *  -29.42/( (910.798+350.933)/ 2 )
=-1  *  -29.42/630.8655
=4.66 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=535.559 + 375.239
=910.798

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=136.377 + 214.556
=350.933

Asian Sea PCL'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  *  -16.348/( (350.933+295.517)/ 2 )
=-1  *  -16.348/323.225
=5.06 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=136.377 + 214.556
=350.933

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.599 + 185.918
=295.517

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


Asian Sea PCL  (BKK:ASIAN) Effective Interest Rate on Debt % Explanation

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


Asian Sea PCL Effective Interest Rate on Debt % Related Terms

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Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

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