Abundance International (SGX:541) Effective Interest Rate on Debt % : 4.39% (As of Jun. 2023)

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What is Abundance International 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. Abundance International's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was S$0.3 Mil. Abundance International's average total debt for the quarter that ended in Jun. 2023 was S$5.9 Mil. Therefore, Abundance International's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 4.39%.

Abundance International Effective Interest Rate on Debt % Historical Data

The historical data trend for Abundance International'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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Abundance International Effective Interest Rate on Debt % Chart

Abundance International Annual Data

Trend

Sep12

Sep13

Sep14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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15.48

13.78

11.06

4.99

5.90

Abundance International Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.68	6.92	4.20	8.01	4.39

Competitive Comparison of Abundance International's Effective Interest Rate on Debt %

For the Chemicals subindustry, Abundance International'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.

Abundance International's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Abundance International's Effective Interest Rate on Debt % distribution charts can be found below:

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

Abundance International Effective Interest Rate on Debt % Calculation

Abundance International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.52	/	( (10.6	+	7.032)	/ 2 )
=	-1 * -0.52	/	8.816
=	5.90 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.325	+	5.275
=	10.6

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.327	+	2.705
=	7.032

Abundance International's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -0.258	/	( (7.032	+	4.722)	/ 2 )
=	-1 * -0.258	/	5.877
=	4.39 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.327	+	2.705
=	7.032

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.545	+	1.177
=	4.722

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 two times the semi-annual (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Abundance International (SGX:541) Effective Interest Rate on Debt % Explanation

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

Abundance International Effective Interest Rate on Debt % Related Terms

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Abundance International (SGX:541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Abundance International Ltd (SGX:541) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Joo Koon Circle, Singapore, SGP, 629041

Website

https://www.abundance.com.sg

Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

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