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Cecep Guozhen Environmental Protection Technology Co (SZSE:300388) Effective Interest Rate on Debt % : 3.03% (As of Mar. 2024)


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What is Cecep Guozhen Environmental Protection Technology 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. Cecep Guozhen Environmental Protection Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥257 Mil. Cecep Guozhen Environmental Protection Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥8,487 Mil. Therefore, Cecep Guozhen Environmental Protection Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.03%.


Cecep Guozhen Environmental Protection Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Cecep Guozhen Environmental Protection Technology 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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Cecep Guozhen Environmental Protection Technology Co Effective Interest Rate on Debt % Chart

Cecep Guozhen Environmental Protection Technology 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 4.83 4.72 4.27 3.80 3.49

Cecep Guozhen Environmental Protection Technology 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 3.45 3.32 3.64 3.40 3.03

Competitive Comparison of Cecep Guozhen Environmental Protection Technology Co's Effective Interest Rate on Debt %

For the Waste Management subindustry, Cecep Guozhen Environmental Protection Technology 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.


Cecep Guozhen Environmental Protection Technology Co's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cecep Guozhen Environmental Protection Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Cecep Guozhen Environmental Protection Technology Co's Effective Interest Rate on Debt % falls into.



Cecep Guozhen Environmental Protection Technology Co Effective Interest Rate on Debt % Calculation

Cecep Guozhen Environmental Protection Technology 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  *  -283.544/( (7992.302+8255.812)/ 2 )
=-1  *  -283.544/8124.057
=3.49 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5636.958 + 2355.344
=7992.302

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4997.656 + 3258.156
=8255.812

Cecep Guozhen Environmental Protection Technology 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  *  -257.124/( (8255.812+8718.137)/ 2 )
=-1  *  -257.124/8486.9745
=3.03 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4997.656 + 3258.156
=8255.812

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5418.205 + 3299.932
=8718.137

* 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.


Cecep Guozhen Environmental Protection Technology Co  (SZSE:300388) Effective Interest Rate on Debt % Explanation

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


Cecep Guozhen Environmental Protection Technology Co Effective Interest Rate on Debt % Related Terms

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Cecep Guozhen Environmental Protection Technology Co (SZSE:300388) Business Description

Traded in Other Exchanges
N/A
Address
91 Science Avenue, High-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Cecep Guozhen Environmental Protection Technology Co Ltd is engaged in the comprehensive management of water environment. It is involved in offering municipal and industrial wastewater treatment solutions such as comprehensive treatment of water environment, municipal sewage, comprehensive treatment of water environment in villages and towns, and comprehensive services of industrial water system.
Executives
Li Wei Director
Shi Xiao Feng Directors, executives
Cui Xian Fu Executives
Xie Ya Executives
Hou Hong Xun Director
Li Tao Executives
Xu Ben Yong Executives
Li Xiang Hua Executives
Li Yan Lai Secretary Dong
Yin Hao Executives
Ai Juan Securities Affairs Representative
Zhang Ping Director
He Yan Feng Executives
Chen Hui Wu Supervisors
Li Hui Supervisors

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