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Del Monte Pacific (SGX:D03) Effective Interest Rate on Debt % : 8.06% (As of Jan. 2024)


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What is Del Monte Pacific 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. Del Monte Pacific's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was S$282 Mil. Del Monte Pacific's average total debt for the quarter that ended in Jan. 2024 was S$3,499 Mil. Therefore, Del Monte Pacific's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 8.06%.


Del Monte Pacific Effective Interest Rate on Debt % Historical Data

The historical data trend for Del Monte Pacific'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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Del Monte Pacific Effective Interest Rate on Debt % Chart

Del Monte Pacific Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 6.19 6.79 6.33 6.37

Del Monte Pacific Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -5.18 7.35 7.92 8.06

Competitive Comparison of Del Monte Pacific's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Del Monte Pacific'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.


Del Monte Pacific's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Del Monte Pacific's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Del Monte Pacific's Effective Interest Rate on Debt % falls into.



Del Monte Pacific Effective Interest Rate on Debt % Calculation

Del Monte Pacific's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2022 )+Total Debt  (A: Apr. 2023 ))/ count )
=-1  *  -174.425/( (2314.809+3163.582)/ 2 )
=-1  *  -174.425/2739.1955
=6.37 %

where

Total Debt  (A: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1611.82 + 702.989
=2314.809

Total Debt  (A: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1420.606 + 1742.976
=3163.582

Del Monte Pacific's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -281.948/( (3578.107+3420.675)/ 2 )
=-1  *  -281.948/3499.391
=8.06 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1772.341 + 1805.766
=3578.107

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1492.152 + 1928.523
=3420.675

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Del Monte Pacific  (SGX:D03) Effective Interest Rate on Debt % Explanation

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


Del Monte Pacific Effective Interest Rate on Debt % Related Terms

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Del Monte Pacific (SGX:D03) Business Description

Traded in Other Exchanges
Address
17 Bukit Pasoh Road, Singapore, SGP, 089831
Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

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