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Yunhong Green CTI (Yunhong Green CTI) Effective Interest Rate on Debt % : 8.68% (As of Dec. 2023)


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What is Yunhong Green CTI 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. Yunhong Green CTI's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.83 Mil. Yunhong Green CTI's average total debt for the quarter that ended in Dec. 2023 was $9.54 Mil. Therefore, Yunhong Green CTI's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.68%.


Yunhong Green CTI Effective Interest Rate on Debt % Historical Data

The historical data trend for Yunhong Green CTI'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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Yunhong Green CTI Effective Interest Rate on Debt % Chart

Yunhong Green CTI 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 9.02 7.83 5.90 4.69 6.57

Yunhong Green CTI Quarterly Data
Mar19 Jun19 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 5.35 6.10 6.32 5.38 8.68

Competitive Comparison of Yunhong Green CTI's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Yunhong Green CTI'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.


Yunhong Green CTI's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yunhong Green CTI's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yunhong Green CTI's Effective Interest Rate on Debt % falls into.



Yunhong Green CTI Effective Interest Rate on Debt % Calculation

Yunhong Green CTI'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  *  -0.628/( (8.743+10.372)/ 2 )
=-1  *  -0.628/9.5575
=6.57 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.058 + 3.685
=8.743

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.375 + 6.997
=10.372

Yunhong Green CTI'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  *  -0.828/( (8.711+10.372)/ 2 )
=-1  *  -0.828/9.5415
=8.68 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.976 + 5.735
=8.711

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.375 + 6.997
=10.372

* 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.


Yunhong Green CTI  (NAS:YHGJ) Effective Interest Rate on Debt % Explanation

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


Yunhong Green CTI Effective Interest Rate on Debt % Related Terms

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Yunhong Green CTI (Yunhong Green CTI) Business Description

Traded in Other Exchanges
N/A
Address
22160 North Pepper Road, Lake Barrington, IL, USA, 60010
Yunhong Green CTI Ltd manufacturers and marketers of custom film packaging products, novelty balloons, candy and balloon gift solutions. The company's products include 100% biodegradable and compostable resins, and include the following finished products: shopping bags, grocery bags, rolled clear bags for food, trash bags, large bin liners, garment bags, takeaway bags, mailing and shipping bags, and many other consumer and commercial products and applications.
Executives
Wan Zhang director WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD. DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Yaping Zhang director WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD, DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Yubao Li director 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Lf International Pte. Ltd. 10 percent owner 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Art Gisonni director 22160 NORTH PEPPER ROAD, LAKE BARRINGTON IL 60010
John H Schwan director, 10 percent owner, officer: Chairman, CEO 22160 N PEPPER ROAD, BARRINGTON IL 60010
Samuel Komar officer: Vice President Marketing 22160 N PEPPER ROAD, BARRINGTON IL 60010
Frank Cesario officer: Chief Financial Officer C/O ISCO INTERNATIONAL INC, 451 KIGSTON COURT, MT PROSPECT IL 60056
Jeffrey S Hyland director, officer: President 22160 N. PEPPER ROAD, BARRINGTON IL 60010
Stephen M Merrick director, 10 percent owner, officer: Secretary, Executive VP 401 S LASALLE STREET SUITE 1302, CHICAGO IL 60605
Stanley M Brown director 747 GLENN AVE, WHEELING IL 60090
John M Klimek director 136 CHESTERFIELD INDUSTRIAL BOULEVARD, CHESTERFIELD MO 63005
Howard C Eirinberg director 22160 PEPPER ROAD, BARRINGTON IL 60010
Miguel Orlando Martinez officer: Vice President Pouch Products 22160 N. PEPPER ROAD, BARRINGTON IL 60010
Rahul P Deshmukh officer: Vice President of Operations 22160 N. PEPPER ROAD, BARRINGTON IL 60010