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Acerias Paz del Rio (BOG:PAZRIO) Effective Interest Rate on Debt % : 28.13% (As of Dec. 2023)


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What is Acerias Paz del Rio 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. Acerias Paz del Rio's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was COP74,484 Mil. Acerias Paz del Rio's average total debt for the quarter that ended in Dec. 2023 was COP264,809 Mil. Therefore, Acerias Paz del Rio's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 28.13%.


Acerias Paz del Rio Effective Interest Rate on Debt % Historical Data

The historical data trend for Acerias Paz del Rio'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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Acerias Paz del Rio Effective Interest Rate on Debt % Chart

Acerias Paz del Rio 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 55.91 25.68 13.76 11.68 22.95

Acerias Paz del Rio Quarterly Data
Sep18 Dec18 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 12.00 17.22 18.56 23.57 28.13

Competitive Comparison of Acerias Paz del Rio's Effective Interest Rate on Debt %

For the Steel subindustry, Acerias Paz del Rio'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.


Acerias Paz del Rio's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Acerias Paz del Rio's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Acerias Paz del Rio's Effective Interest Rate on Debt % falls into.



Acerias Paz del Rio Effective Interest Rate on Debt % Calculation

Acerias Paz del Rio'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  *  -60832.257/( (267510.013+262512.805)/ 2 )
=-1  *  -60832.257/265011.409
=22.95 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62583.258 + 204926.755
=267510.013

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42756.747 + 219756.058
=262512.805

Acerias Paz del Rio'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  *  -74484.08/( (267106.108+262512.805)/ 2 )
=-1  *  -74484.08/264809.4565
=28.13 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61175.218 + 205930.89
=267106.108

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42756.747 + 219756.058
=262512.805

* 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.


Acerias Paz del Rio  (BOG:PAZRIO) Effective Interest Rate on Debt % Explanation

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


Acerias Paz del Rio Effective Interest Rate on Debt % Related Terms

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Acerias Paz del Rio (BOG:PAZRIO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Edificio Megabanco, Piso 6, 13-26, Calle 100, Bogota, COL, 4260
Acerias Paz del Rio SA is a steel production company. It is engaged in the manufacturing of steel products and derivates used in the industrial, metallurgical, construction and agricultural sectors.

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