Feishang Anthracite Resources (HKSE:01738) Effective Interest Rate on Debt % : 7.21% (As of Dec. 2023)

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What is Feishang Anthracite Resources 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. Feishang Anthracite Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$148 Mil. Feishang Anthracite Resources's average total debt for the quarter that ended in Dec. 2023 was HK$2,050 Mil. Therefore, Feishang Anthracite Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.21%.

Feishang Anthracite Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Feishang Anthracite Resources'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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Feishang Anthracite Resources Effective Interest Rate on Debt % Chart

Feishang Anthracite Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.79

8.48

7.94

7.35

7.51

Feishang Anthracite Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.85	7.51	7.65	7.81	7.21

Competitive Comparison of Feishang Anthracite Resources's Effective Interest Rate on Debt %

For the Thermal Coal subindustry, Feishang Anthracite Resources'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.

Feishang Anthracite Resources's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Feishang Anthracite Resources's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Feishang Anthracite Resources's Effective Interest Rate on Debt % falls into.

Feishang Anthracite Resources Effective Interest Rate on Debt % Calculation

Feishang Anthracite Resources'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 * -154.213	/	( (2059.177	+	2045.442)	/ 2 )
=	-1 * -154.213	/	2052.3095
=	7.51 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294.196	+	1764.981
=	2059.177

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	112.2	+	1933.242
=	2045.442

Feishang Anthracite Resources'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -147.804	/	( (2054.519	+	2045.442)	/ 2 )
=	-1 * -147.804	/	2049.9805
=	7.21 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	251.062	+	1803.457
=	2054.519

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	112.2	+	1933.242
=	2045.442

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

Feishang Anthracite Resources (HKSE:01738) Effective Interest Rate on Debt % Explanation

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

Feishang Anthracite Resources Effective Interest Rate on Debt % Related Terms

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Feishang Anthracite Resources (HKSE:01738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Feishang Anthracite Resources Ltd (HKSE:01738) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

FSHRF:USA

Address

200 Connaught Road Central, Room 2205, 22 Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.fsanthracite.com

Feishang Anthracite Resources Ltd is principally engaged in the acquisition, development, and construction of anthracite coal mines and the extraction and sale of anthracite coal in the People's Republic of China. It conducts its principal operation and derives revenues solely from Mainland China.

Executives

Li Zongyang	2101 Beneficial owner
Li Feilie	2201 Interest of corporation controlled by you
Feishang Group Limited	2101 Beneficial owner
Laitan Investments Limited	2201 Interest of corporation controlled by you
Shen Zhen Shi Fei Shang Chan Ye Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

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