Smedi Co (XKRX:118000) Effective Interest Rate on Debt % : 0.75% (As of Mar. 2024)

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What is Smedi 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. Smedi Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩13 Mil. Smedi Co's average total debt for the quarter that ended in Mar. 2024 was ₩1,733 Mil. Therefore, Smedi Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.75%.

Smedi Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Smedi 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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Smedi Co Effective Interest Rate on Debt % Chart

Smedi Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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20.01

14.03

27.49

17.09

17.31

Smedi 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															15.14	16.88	22.20	81.69	0.75

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

For the Drug Manufacturers - General subindustry, Smedi 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.

Smedi Co's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Smedi Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Smedi Co Effective Interest Rate on Debt % Calculation

Smedi 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 * -3322.822	/	( (35040.708	+	3353.675)	/ 2 )
=	-1 * -3322.822	/	19197.1915
=	17.31 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10552.371	+	24488.337
=	35040.708

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	213.885	+	3139.79
=	3353.675

Smedi 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 * -12.936	/	( (3353.675	+	111.723)	/ 2 )
=	-1 * -12.936	/	1732.699
=	0.75 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	213.885	+	3139.79
=	3353.675

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	46.318	+	65.405
=	111.723

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.

Smedi Co (XKRX:118000) Effective Interest Rate on Debt % Explanation

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

Smedi Co Effective Interest Rate on Debt % Related Terms

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Smedi Co (XKRX:118000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Smedi Co Ltd (XKRX:118000) » Definitions » Effective Interest Rate on Debt %

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Address

202, 156, Byeongjeomjungang-ro, Jinan-dong, Dream Buildiing, Gyeonggi-do, Hwaseong-si, KOR

Website

http://www.themp.co.kr

Smedi Co Ltd, formerly The Medipharm Co Ltd has established a hospital in Jeju and exports various types of medical equipments. The company also built its own hospital in China and India and plans to expand its business in Spain and Dubai. The Company and its subsidiaries are divided into pharmaceutical business, medical business, wireless device business, investment and others according to business characteristics by business sector.

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