Manila Water Co (PHS:MWC) Effective Interest Rate on Debt % : 3.87% (As of Mar. 2024)

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What is Manila Water Co 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. Manila Water Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₱3,823 Mil. Manila Water Co's average total debt for the quarter that ended in Mar. 2024 was ₱98,664 Mil. Therefore, Manila Water Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.87%.

Manila Water Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Manila Water Co'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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Manila Water Co Effective Interest Rate on Debt % Chart

Manila Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.59

3.07

2.86

2.97

3.73

Manila Water Co 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															4.17	4.42	4.22	3.23	3.87

Competitive Comparison of Manila Water Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, Manila Water Co'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.

Manila Water Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Manila Water Co's Effective Interest Rate on Debt % falls into.

Manila Water Co Effective Interest Rate on Debt % Calculation

Manila Water Co'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 * -3447.045	/	( (85359.004	+	99714.829)	/ 2 )
=	-1 * -3447.045	/	92536.9165
=	3.73 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	78961.1	+	6397.904
=	85359.004

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82491.298	+	17223.531
=	99714.829

Manila Water Co'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 * -3822.9	/	( (99714.829	+	97613.053)	/ 2 )
=	-1 * -3822.9	/	98663.941
=	3.87 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	82491.298	+	17223.531
=	99714.829

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	87603.288	+	10009.765
=	97613.053

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.

Manila Water Co (PHS:MWC) Effective Interest Rate on Debt % Explanation

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

Manila Water Co Effective Interest Rate on Debt % Related Terms

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Manila Water Co (PHS:MWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Water Co Inc (PHS:MWC) » Definitions » Effective Interest Rate on Debt %

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Address

489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105

Website

https://www.manilawater.com

Manila Water Co Inc is a water and wastewater management company. Its operations can be divided among Metro Manila East Zone and Manila Water Philippine Ventures, which operate across municipalities in the Philippines, and Manila Water Asia Pacific, which operates in Vietnam, Myanmar, and Indonesia. The segments of the company consist of Manila Concession and Head Office, Domestic Subsidiaries, and Foreign Subsidiaries. The Manila Concession and Head Office generate maximum revenue for the company.

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