DB Insurance Co (XKRX:005830) Effective Interest Rate on Debt % : 35.17% (As of Mar. 2024)

View and export this data going back to 1973. Start your Free Trial

What is DB Insurance 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. DB Insurance Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩447,554 Mil. DB Insurance Co's average total debt for the quarter that ended in Mar. 2024 was ₩1,272,497 Mil. Therefore, DB Insurance Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 35.17%.

DB Insurance Co Effective Interest Rate on Debt % Historical Data

The historical data trend for DB Insurance 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.

* Premium members only.

DB Insurance Co Effective Interest Rate on Debt % Chart

DB Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.99

5.49

6.04

12.86

23.37

DB Insurance 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															22.43	27.33	29.07	29.25	35.17

Competitive Comparison of DB Insurance Co's Effective Interest Rate on Debt %

For the Insurance - Property & Casualty subindustry, DB Insurance 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.

DB Insurance Co's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, DB Insurance Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

DB Insurance Co Effective Interest Rate on Debt % Calculation

DB Insurance 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 * -381226.047	/	( (1985223	+	1277717)	/ 2 )
=	-1 * -381226.047	/	1631470
=	23.37 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1985223	+	0
=	1985223

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1277717	+	0
=	1277717

DB Insurance 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 * -447553.844	/	( (1277717	+	1267276)	/ 2 )
=	-1 * -447553.844	/	1272496.5
=	35.17 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1277717	+	0
=	1277717

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1267276	+	0
=	1267276

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.

DB Insurance Co (XKRX:005830) Effective Interest Rate on Debt % Explanation

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

DB Insurance Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of DB Insurance Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

DB Insurance Co (XKRX:005830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » DB Insurance Co Ltd (XKRX:005830) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

BD Financial Center, 432, Teheran-Ro, Gangnam-Gu, Seoul, KOR, 135523

Website

https://www.idbins.com

DB Insurance Co Ltd is a global insurance and financial company that generates revenue by writing insurance premiums. The company's three separate business lines include auto, long term, and commercial. The long-term segment aims to cover injury, death, and property. The auto segment aims to cover personal accidents and physical life. The commercial segment aims to cover a wide variety of areas, including fire insurance, marine insurance, and casualty insurance. The vast majority of Dongbu's revenue is derived from its long-term segment, followed by auto.

DB Insurance Co (XKRX:005830) Headlines

No Headlines