Shenzhen Seg Co (SZSE:000058) Effective Interest Rate on Debt % : 2.74% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Shenzhen Seg 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. Shenzhen Seg Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥27 Mil. Shenzhen Seg Co's average total debt for the quarter that ended in Mar. 2024 was ¥1,004 Mil. Therefore, Shenzhen Seg Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.74%.

Shenzhen Seg Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Seg 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.

* Premium members only.

Shenzhen Seg Co Effective Interest Rate on Debt % Chart

Shenzhen Seg 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

6.10

5.75

6.92

6.14

4.90

Shenzhen Seg 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															3.51	5.86	-0.33	10.94	2.74

Competitive Comparison of Shenzhen Seg Co's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Shenzhen Seg 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.

Shenzhen Seg Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Seg Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shenzhen Seg Co's Effective Interest Rate on Debt % falls into.

Shenzhen Seg Co Effective Interest Rate on Debt % Calculation

Shenzhen Seg 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 * -50.012	/	( (1025.881	+	1013.902)	/ 2 )
=	-1 * -50.012	/	1019.8915
=	4.90 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	701.417	+	324.464
=	1025.881

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	680.677	+	333.225
=	1013.902

Shenzhen Seg 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 * -27.488	/	( (1013.902	+	993.414)	/ 2 )
=	-1 * -27.488	/	1003.658
=	2.74 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	680.677	+	333.225
=	1013.902

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	673.986	+	319.428
=	993.414

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.

Shenzhen Seg Co (SZSE:000058) Effective Interest Rate on Debt % Explanation

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

Shenzhen Seg Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Shenzhen Seg Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Seg Co (SZSE:000058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Seg Co Ltd (SZSE:000058) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

200058:China

Address

Huaqiang Road (North), 31st Floor, Tower A, Stars Plaza, Futian District, Shenzhen, CHN, 518028

Website

http://www.segcl.com.cn

Shenzhen Seg Co Ltd is a company that is engaged in the development and operation of electronics markets and supporting projects, property leasing services, commercial real estate business, microcredit business, budget hotel business, and trade and channel business. Its projects include the Children's amusement park project, Internet cafe and e-sports project, SEG-OURGAME e-sports stadium, Huizhou Stars SEG Holiday Plaza project, Xi'an SEG Plaza project.

Shenzhen Seg Co (SZSE:000058) Headlines

No Headlines