GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Financial Street Holding Co Ltd (SZSE:000402) » Definitions » Effective Interest Rate on Debt %

Financial Street Holding Co (SZSE:000402) Effective Interest Rate on Debt % : 3.26% (As of Mar. 2024)


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

What is Financial Street Holding 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. Financial Street Holding Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥2,357 Mil. Financial Street Holding Co's average total debt for the quarter that ended in Mar. 2024 was ¥72,407 Mil. Therefore, Financial Street Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.26%.


Financial Street Holding Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Financial Street Holding 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.

Financial Street Holding Co Effective Interest Rate on Debt % Chart

Financial Street Holding 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 2.51 2.47 2.46 2.73 3.26

Financial Street Holding 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 3.23 2.94 3.33 3.23 3.26

Competitive Comparison of Financial Street Holding Co's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Financial Street Holding 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.


Financial Street Holding Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

* The bar in red indicates where Financial Street Holding Co's Effective Interest Rate on Debt % falls into.



Financial Street Holding Co Effective Interest Rate on Debt % Calculation

Financial Street Holding 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  *  -2457.421/( (78643.546+72307.621)/ 2 )
=-1  *  -2457.421/75475.5835
=3.26 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=64702.623 + 13940.923
=78643.546

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70653.493 + 1654.128
=72307.621

Financial Street Holding 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  *  -2357.116/( (72307.621+72507.017)/ 2 )
=-1  *  -2357.116/72407.319
=3.26 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=70653.493 + 1654.128
=72307.621

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=68743.655 + 3763.362
=72507.017

* 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.


Financial Street Holding Co  (SZSE:000402) Effective Interest Rate on Debt % Explanation

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


Financial Street Holding Co Effective Interest Rate on Debt % Related Terms

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


Financial Street Holding Co (SZSE:000402) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jinchengfang Street, Block D, Financial Street Apartment, Xicheng District, Beijing, Beijing, CHN, 100033
Financial Street Holding Co Ltd is a China-based company, engages in the development, operation, and distribution of real estate. It focuses on commercial and residential real estate. It provides equity investment and asset management services such as tourism, vacation, retirement, technology, finance, and innovation.
Executives
Zhao Peng Director
Gao Jing Director
Lu Dong Liang Supervisors
Fu Ying Jie Executives
Sheng Hua Ping Executives
Bai Li Director
Li Liang Executives
Li Qian Supervisors
Zhang Xiao Peng Directors, executives
Wang Zhi Gang Executives
Lv Hong Bin Directors, executives
Zhang Mei Hua Executives
Yang Xuan Executives
Zhao Ze Hui Director
Shang Guan Qing Director

Financial Street Holding Co (SZSE:000402) Headlines

No Headlines