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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Effective Interest Rate on Debt % : 6.83% (As of Dec. 2023)


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What is PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $131.4 Mil. PT Tower Bersama Infrastructure Tbk's average total debt for the quarter that ended in Dec. 2023 was $1,923.0 Mil. Therefore, PT Tower Bersama Infrastructure Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.83%.


PT Tower Bersama Infrastructure Tbk Effective Interest Rate on Debt % Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Effective Interest Rate on Debt % Chart

PT Tower Bersama Infrastructure Tbk 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 8.85 8.82 7.68 5.68 5.99

PT Tower Bersama Infrastructure Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.44 6.21 7.89 3.76 6.83

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Effective Interest Rate on Debt %

For the Telecom Services subindustry, PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Effective Interest Rate on Debt % distribution charts can be found below:

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



PT Tower Bersama Infrastructure Tbk Effective Interest Rate on Debt % Calculation

PT Tower Bersama Infrastructure 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  *  -114.708/( (1882.86+1946.987)/ 2 )
=-1  *  -114.708/1914.9235
=5.99 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1485.709 + 397.151
=1882.86

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1241.59 + 705.397
=1946.987

PT Tower Bersama Infrastructure Tbk's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -131.364/( (1898.942+1946.987)/ 2 )
=-1  *  -131.364/1922.9645
=6.83 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1344.764 + 554.178
=1898.942

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1241.59 + 705.397
=1946.987

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


PT Tower Bersama Infrastructure Tbk  (OTCPK:PTFRY) Effective Interest Rate on Debt % Explanation

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


PT Tower Bersama Infrastructure Tbk Effective Interest Rate on Debt % Related Terms

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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

Traded in Other Exchanges
Address
Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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