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Shenzhen Liantronics Co (SZSE:300269) Effective Interest Rate on Debt % : 3.83% (As of Mar. 2024)


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What is Shenzhen Liantronics 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 Liantronics Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥13.8 Mil. Shenzhen Liantronics Co's average total debt for the quarter that ended in Mar. 2024 was ¥359.0 Mil. Therefore, Shenzhen Liantronics Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.83%.


Shenzhen Liantronics Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Liantronics 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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Shenzhen Liantronics Co Effective Interest Rate on Debt % Chart

Shenzhen Liantronics 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 6.84 5.92 5.85 5.71 4.97

Shenzhen Liantronics 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 4.33 4.89 4.55 5.83 3.83

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

For the Consumer Electronics subindustry, Shenzhen Liantronics 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 Liantronics Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Liantronics Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Shenzhen Liantronics Co Effective Interest Rate on Debt % Calculation

Shenzhen Liantronics 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  *  -18.002/( (363.645+360.385)/ 2 )
=-1  *  -18.002/362.015
=4.97 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.454 + 348.191
=363.645

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.73 + 347.655
=360.385

Shenzhen Liantronics 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  *  -13.768/( (360.385+357.65)/ 2 )
=-1  *  -13.768/359.0175
=3.83 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.73 + 347.655
=360.385

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.391 + 347.259
=357.65

* 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.


Shenzhen Liantronics Co  (SZSE:300269) Effective Interest Rate on Debt % Explanation

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


Shenzhen Liantronics Co Effective Interest Rate on Debt % Related Terms

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Shenzhen Liantronics Co (SZSE:300269) Business Description

Traded in Other Exchanges
N/A
Address
3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101
Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.
Executives
Xie Zhi Ming Supervisors
Liu Hu Jun Directors, executives
Wang Feng Directors, executives
Wang Guang Yan Executives
Zhong Ju Ying Directors, executives
Zhang Ai Ming Supervisors
Jiang Hao Executives
Huang Yun Wei Executives
Xiang Jian Yong Executives
Yao Tai Ping Director
Zhang Yan Jun Director
Qian Ke Yuan Independent director
Wang Yi Jian Executives
Wang Gang Supervisors

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