PT Indospring Tbk (ISX:INDS) Effective Interest Rate on Debt % : 6.71% (As of Mar. 2024)

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What is PT Indospring Tbk 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. PT Indospring Tbk's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was Rp23,886 Mil. PT Indospring Tbk's average total debt for the quarter that ended in Mar. 2024 was Rp356,111 Mil. Therefore, PT Indospring Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.71%.

PT Indospring Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Indospring Tbk'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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PT Indospring Tbk Effective Interest Rate on Debt % Chart

PT Indospring Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.21

2.68

3.39

5.65

6.13

PT Indospring Tbk 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															6.99	7.29	7.16	5.66	6.71

Competitive Comparison of PT Indospring Tbk's Effective Interest Rate on Debt %

For the Auto Parts subindustry, PT Indospring Tbk'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.

PT Indospring Tbk's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Indospring Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PT Indospring Tbk's Effective Interest Rate on Debt % falls into.

PT Indospring Tbk Effective Interest Rate on Debt % Calculation

PT Indospring Tbk'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 * -27065.871	/	( (486906.773	+	396260.657)	/ 2 )
=	-1 * -27065.871	/	441583.715
=	6.13 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	113821.585	+	373085.188
=	486906.773

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	84018.681	+	312241.976
=	396260.657

PT Indospring Tbk'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 * -23885.544	/	( (396260.657	+	315962.126)	/ 2 )
=	-1 * -23885.544	/	356111.3915
=	6.71 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	84018.681	+	312241.976
=	396260.657

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	77064.731	+	238897.395
=	315962.126

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.

PT Indospring Tbk (ISX:INDS) Effective Interest Rate on Debt % Explanation

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

PT Indospring Tbk Effective Interest Rate on Debt % Related Terms

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PT Indospring Tbk (ISX:INDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Indospring Tbk (ISX:INDS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Mayjend Sungkono no. 10, Desa Segoromadu, P.O. Box 112, Jawa Timur, Gresik, IDN, 61123

Website

https://www.indospring.co.id

PT Indospring Tbk is engaged in the manufacture of leaf springs and coil springs. Its products include multi-leaf springs, parabolic leaf springs, trailing leaf springs, tension springs, compression springs, valve springs, wire rings, hot coil springs, and Yoko-oki leaf springs. The company's manufacturing facilities are located in Gresik, Indonesia. It operates in two segments Spare part industry and the Agricultural equipment industry. The spare part industry segment contributes to the majority of the company's revenue.