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Easyhome New Retail Group Co (SZSE:000785) Effective Interest Rate on Debt % : 4.35% (As of Mar. 2024)


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What is Easyhome New Retail 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. Easyhome New Retail Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥999 Mil. Easyhome New Retail Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥22,962 Mil. Therefore, Easyhome New Retail Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.35%.


Easyhome New Retail Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Easyhome New Retail 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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Easyhome New Retail Group Co Effective Interest Rate on Debt % Chart

Easyhome New Retail 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 3.45 0.89 4.41 3.82 3.49

Easyhome New Retail 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 4.70 2.63 6.84 -0.78 4.35

Competitive Comparison of Easyhome New Retail Group Co's Effective Interest Rate on Debt %

For the Department Stores subindustry, Easyhome New Retail 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.


Easyhome New Retail Group Co's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Easyhome New Retail Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Easyhome New Retail Group Co Effective Interest Rate on Debt % Calculation

Easyhome New Retail 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  *  -817.768/( (23812.816+23022.389)/ 2 )
=-1  *  -817.768/23417.6025
=3.49 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20387.095 + 3425.721
=23812.816

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18945.415 + 4076.974
=23022.389

Easyhome New Retail 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  *  -998.692/( (23022.389+22901.113)/ 2 )
=-1  *  -998.692/22961.751
=4.35 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18945.415 + 4076.974
=23022.389

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18487.388 + 4413.725
=22901.113

* 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.


Easyhome New Retail Group Co  (SZSE:000785) Effective Interest Rate on Debt % Explanation

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


Easyhome New Retail Group Co Effective Interest Rate on Debt % Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071
Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.
Executives
Zhang Jian Director
Du Xue Gang Executives
Hao Jian Director
Chen Liang Directors, executives
Wang Ning Directors, executives
Li Xuan Xuan Executives
Zhu Chan Fei Executives
Gao Ya Qi Secretary Dong
Chen Chen Executives
Wang Peng Executives
Wang Lin Peng Directors, executives
Li Tao Director
Ren Qu Supervisors
Xiao Shu Gang Supervisors
Niu Bo Xia Supervisors

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