WINIX Co (XKRX:044340) Effective Interest Rate on Debt % : 7.07% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is WINIX 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. WINIX Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩6,796 Mil. WINIX Co's average total debt for the quarter that ended in Mar. 2024 was ₩96,066 Mil. Therefore, WINIX Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.07%.

WINIX Co Effective Interest Rate on Debt % Historical Data

The historical data trend for WINIX 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.

WINIX Co Effective Interest Rate on Debt % Chart

WINIX 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

2.64

4.37

10.93

3.82

5.91

WINIX 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															6.06	6.87	7.36	4.91	7.07

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

For the Consumer Electronics subindustry, WINIX 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.

WINIX Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, WINIX Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

WINIX Co Effective Interest Rate on Debt % Calculation

WINIX 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 * -7551.706	/	( (161245.812	+	94418.355)	/ 2 )
=	-1 * -7551.706	/	127832.0835
=	5.91 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30447.033	+	130798.779
=	161245.812

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11872.862	+	82545.493
=	94418.355

WINIX 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 * -6795.548	/	( (94418.355	+	97714.392)	/ 2 )
=	-1 * -6795.548	/	96066.3735
=	7.07 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11872.862	+	82545.493
=	94418.355

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11453.051	+	86261.341
=	97714.392

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.

WINIX Co (XKRX:044340) Effective Interest Rate on Debt % Explanation

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

WINIX Co Effective Interest Rate on Debt % Related Terms

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

WINIX Co (XKRX:044340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WINIX Co Ltd (XKRX:044340) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

607 Ho 3Na Shihwa Industrial Park, 1280-10 Chungwang-Dong, Shi Heung, Gyeonggi-do, KOR, 429-450

Website

http://www.winixcorp.com

WINIX Co Ltd manufactures domestic electric appliances. Its products include refrigerator condenser, air conditioner components, water purifier, dehumidifier, tumble dryer, air cleaner, dehumidifier, natural humidifier, hot air fan, water purifier, ultrafine dust meter. It has branches in China and Thailand. The products were exported to the U.S. department store and had high export sales.

WINIX Co (XKRX:044340) Headlines

No Headlines