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Guangxi LiuYao Group Co (SHSE:603368) Effective Interest Rate on Debt % : 6.18% (As of Mar. 2024)


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What is Guangxi LiuYao Group 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. Guangxi LiuYao Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥297 Mil. Guangxi LiuYao Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥4,796 Mil. Therefore, Guangxi LiuYao Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.18%.


Guangxi LiuYao Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guangxi LiuYao Group 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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Guangxi LiuYao Group Co Effective Interest Rate on Debt % Chart

Guangxi LiuYao Group 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 5.63 1.11 0.92 0.92 0.91

Guangxi LiuYao Group 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 3.69 -1.83 12.26 -10.82 6.18

Competitive Comparison of Guangxi LiuYao Group Co's Effective Interest Rate on Debt %

For the Medical Distribution subindustry, Guangxi LiuYao Group 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.


Guangxi LiuYao Group Co's Effective Interest Rate on Debt % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Guangxi LiuYao Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Guangxi LiuYao Group Co Effective Interest Rate on Debt % Calculation

Guangxi LiuYao Group 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  *  -39.372/( (4256.664+4420.958)/ 2 )
=-1  *  -39.372/4338.811
=0.91 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1107.178 + 3149.486
=4256.664

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1139.596 + 3281.362
=4420.958

Guangxi LiuYao Group 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  *  -296.516/( (4420.958+5170.089)/ 2 )
=-1  *  -296.516/4795.5235
=6.18 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1139.596 + 3281.362
=4420.958

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1217.841 + 3952.248
=5170.089

* 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.


Guangxi LiuYao Group Co  (SHSE:603368) Effective Interest Rate on Debt % Explanation

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


Guangxi LiuYao Group Co Effective Interest Rate on Debt % Related Terms

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Guangxi LiuYao Group Co (SHSE:603368) Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Guantang Avenue, Guangxi Zhuang Autonomous Region, Liuzhou, CHN, 545000
Guangxi LiuYao Group Co Ltd is a regional pharmaceutical distribution enterprise focusing on hospital sales and developing both retail pharmacies and third terminals.
Executives
Tang Xian Rong Director
Chen Hong Directors, senior managers
Tang Chun Xue Directors, senior managers
Zhang Hua Director
Ceng Xiang Xing senior management
Zhu Xian Hua senior management
Su Chun Yan senior management
Chen Xiao Yuan Supervisors
Zhu Chao Yang Directors, senior managers
Tang Jie Yu senior management
Qiu Zhi Meng senior management
Shen Wen Jie senior management
Xiao Jun Xiong Director
Ceng Song Lin Director

Guangxi LiuYao Group Co (SHSE:603368) Headlines

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