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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Effective Interest Rate on Debt % : 3.53% (As of Dec. 2023)


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What is Xiamen Yan Palace Birds Nest Industry 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. Xiamen Yan Palace Birds Nest Industry Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$3 Mil. Xiamen Yan Palace Birds Nest Industry Co's average total debt for the quarter that ended in Dec. 2023 was HK$90 Mil. Therefore, Xiamen Yan Palace Birds Nest Industry Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.53%.


Xiamen Yan Palace Birds Nest Industry Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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.

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Xiamen Yan Palace Birds Nest Industry Co Effective Interest Rate on Debt % Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
5.41 5.56 5.21 3.53

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt % 5.41 5.56 5.21 3.53

Competitive Comparison of Xiamen Yan Palace Birds Nest Industry Co's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest Industry 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.


Xiamen Yan Palace Birds Nest Industry Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's Effective Interest Rate on Debt % falls into.



Xiamen Yan Palace Birds Nest Industry Co Effective Interest Rate on Debt % Calculation

Xiamen Yan Palace Birds Nest Industry 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  *  -3.193/( (30.063+150.589)/ 2 )
=-1  *  -3.193/90.326
=3.53 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.579 + 17.484
=30.063

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.723 + 28.866
=150.589

Xiamen Yan Palace Birds Nest Industry Co'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: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -3.193/( (30.063+150.589)/ 2 )
=-1  *  -3.193/90.326
=3.53 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.579 + 17.484
=30.063

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.723 + 28.866
=150.589

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


Xiamen Yan Palace Birds Nest Industry Co  (HKSE:01497) Effective Interest Rate on Debt % Explanation

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


Xiamen Yan Palace Birds Nest Industry Co Effective Interest Rate on Debt % Related Terms

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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN
Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.
Executives
Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong 2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen 2201 Interest of corporation controlled by you
Zheng Wenbin

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