TGC No 2 PJSC (MIC:TGKB) Effective Interest Rate on Debt % : 17.96% (As of Jun. 2023)

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What is TGC No 2 PJSC 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. TGC No 2 PJSC's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was ₽2,198 Mil. TGC No 2 PJSC's average total debt for the quarter that ended in Jun. 2023 was ₽12,240 Mil. Therefore, TGC No 2 PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 17.96%.

TGC No 2 PJSC Effective Interest Rate on Debt % Historical Data

The historical data trend for TGC No 2 PJSC'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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TGC No 2 PJSC Effective Interest Rate on Debt % Chart

TGC No 2 PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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16.19

14.96

15.32

16.74

19.19

TGC No 2 PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															16.80	17.34	22.26	19.12	17.96

Competitive Comparison of TGC No 2 PJSC's Effective Interest Rate on Debt %

For the Utilities - Independent Power Producers subindustry, TGC No 2 PJSC'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.

TGC No 2 PJSC's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TGC No 2 PJSC's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where TGC No 2 PJSC's Effective Interest Rate on Debt % falls into.

TGC No 2 PJSC Effective Interest Rate on Debt % Calculation

TGC No 2 PJSC's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -2295.339	/	( (11115.855	+	12803.587)	/ 2 )
=	-1 * -2295.339	/	11959.721
=	19.19 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4471.421	+	6644.434
=	11115.855

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4891.875	+	7911.712
=	12803.587

TGC No 2 PJSC's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -2198.384	/	( (12803.587	+	11675.5)	/ 2 )
=	-1 * -2198.384	/	12239.5435
=	17.96 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4891.875	+	7911.712
=	12803.587

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4531.651	+	7143.849
=	11675.5

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

TGC No 2 PJSC (MIC:TGKB) Effective Interest Rate on Debt % Explanation

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

TGC No 2 PJSC Effective Interest Rate on Debt % Related Terms

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TGC No 2 PJSC (MIC:TGKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TGC No 2 PJSC (MIC:TGKB) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

TGKBP:Russia

Address

Prospekt Oktyabrya, 42, Yaroslavl, RUS, 150040

Website

http://www.tgc-2.ru

TGC No 2 PJSC is heat and power generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod and Yaroslavl regions of Russia, and in Skopje (Macedonia).

TGC No 2 PJSC (MIC:TGKB) Headlines

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