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Jinyu Bio-Technology Co (SHSE:600201) Effective Interest Rate on Debt % : 3.42% (As of Mar. 2024)


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What is Jinyu Bio-Technology 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. Jinyu Bio-Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0 Mil. Jinyu Bio-Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥4 Mil. Therefore, Jinyu Bio-Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.42%.


Jinyu Bio-Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Jinyu Bio-Technology 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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Jinyu Bio-Technology Co Effective Interest Rate on Debt % Chart

Jinyu Bio-Technology 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 Premium Member Only Premium Member Only 43.35 2.43 5.54 82.80 0.70

Jinyu Bio-Technology 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 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 3.83 -15.99 3.88 2.77 3.42

Competitive Comparison of Jinyu Bio-Technology Co's Effective Interest Rate on Debt %

For the Biotechnology subindustry, Jinyu Bio-Technology 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.


Jinyu Bio-Technology Co's Effective Interest Rate on Debt % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jinyu Bio-Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Jinyu Bio-Technology Co's Effective Interest Rate on Debt % falls into.



Jinyu Bio-Technology Co Effective Interest Rate on Debt % Calculation

Jinyu Bio-Technology 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  *  -0.053/( (10.854+4.267)/ 2 )
=-1  *  -0.053/7.5605
=0.70 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.307 + 10.547
=10.854

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.735 + 1.532
=4.267

Jinyu Bio-Technology 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  *  -0.148/( (4.267+4.397)/ 2 )
=-1  *  -0.148/4.332
=3.42 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.735 + 1.532
=4.267

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.795 + 1.602
=4.397

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


Jinyu Bio-Technology Co  (SHSE:600201) Effective Interest Rate on Debt % Explanation

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


Jinyu Bio-Technology Co Effective Interest Rate on Debt % Related Terms

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Jinyu Bio-Technology Co (SHSE:600201) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Jinyu Street, Shaeryu Industrial Park, Economic and Technological Development Zone, Inner Mongolia Autonomous Region, Hohhot, CHN, 010030
Jinyu Bio-Technology Co Ltd is engaged in the development and sales of veterinary biological products. Its products are used for pigs, poultry, pets, and ruminants.
Executives
Zhang Chong Yu Director
Zhang Jing Directors, senior managers
Yang Zhao senior management
Li Rong senior management
Zhang Zhan Fu Supervisors
Wei Xue Feng Director
Wang Yong Sheng Directors, senior managers
Yin Song Tao Directors, senior managers
Liu Guo Ying Supervisors
Zhang Hong Mei senior management
Wen Li Min Director
Xu Xian Ming Director
Xu Shi Jun Director
Wang Xiu Hua Director
Li Shu Jian senior management

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