Chase Asia PCL (BKK:CHASE) Effective Interest Rate on Debt % : 2.99% (As of Sep. 2023)

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What is Chase Asia 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. Chase Asia PCL's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ฿8.5 Mil. Chase Asia PCL's average total debt for the quarter that ended in Sep. 2023 was ฿284.4 Mil. Therefore, Chase Asia PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 2.99%.

Chase Asia PCL Effective Interest Rate on Debt % Historical Data

The historical data trend for Chase Asia 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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Chase Asia PCL Effective Interest Rate on Debt % Chart

Chase Asia PCL Annual Data

Trend

Dec20

Dec21

Effective Interest Rate on Debt %

2.78

2.10

Chase Asia PCL Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial						2.53	3.18	4.55	3.03	2.99

Competitive Comparison of Chase Asia PCL's Effective Interest Rate on Debt %

For the Credit Services subindustry, Chase Asia 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.

Chase Asia PCL's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Chase Asia PCL's Effective Interest Rate on Debt % distribution charts can be found below:

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

Chase Asia PCL Effective Interest Rate on Debt % Calculation

Chase Asia PCL's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -10.722	/	( (482.268	+	538.967)	/ 2 )
=	-1 * -10.722	/	510.6175
=	2.10 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	223.739	+	258.529
=	482.268

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	285.65	+	253.317
=	538.967

Chase Asia PCL's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -8.5	/	( (244.447	+	324.408)	/ 2 )
=	-1 * -8.5	/	284.4275
=	2.99 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	126.917	+	117.53
=	244.447

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	211.459	+	112.949
=	324.408

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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Chase Asia PCL (BKK:CHASE) Effective Interest Rate on Debt % Explanation

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

Chase Asia PCL Effective Interest Rate on Debt % Related Terms

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Chase Asia PCL (BKK:CHASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Chase Asia PCL (BKK:CHASE) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vibhavadi Rangsit Road, No. 8/9-10 Soi Vibhavadi Rangsit 44, Ladyao Subdistrict, Chatuchak District, Bangkok, THA, 10900

Website

https://www.chase.co.th

Chase Asia PCL is an investment holding company. The company's segment includes Debt collection service; Management of non-performing assets and Lending service. It generates maximum revenue from the Management of non-performing assets segment.

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