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Tianjin Keyvia Electric Co (SZSE:300407) Effective Interest Rate on Debt % : 5.48% (As of Mar. 2024)


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What is Tianjin Keyvia Electric 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. Tianjin Keyvia Electric Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥10 Mil. Tianjin Keyvia Electric Co's average total debt for the quarter that ended in Mar. 2024 was ¥190 Mil. Therefore, Tianjin Keyvia Electric Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.48%.


Tianjin Keyvia Electric Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Tianjin Keyvia Electric 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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Tianjin Keyvia Electric Co Effective Interest Rate on Debt % Chart

Tianjin Keyvia Electric 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 5.43 5.39 4.90 5.33 4.86

Tianjin Keyvia Electric 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 5.19 5.66 4.02 3.16 5.48

Competitive Comparison of Tianjin Keyvia Electric Co's Effective Interest Rate on Debt %

For the Railroads subindustry, Tianjin Keyvia Electric 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.


Tianjin Keyvia Electric Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Keyvia Electric Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tianjin Keyvia Electric Co's Effective Interest Rate on Debt % falls into.



Tianjin Keyvia Electric Co Effective Interest Rate on Debt % Calculation

Tianjin Keyvia Electric 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  *  -12.977/( (345.57+188.555)/ 2 )
=-1  *  -12.977/267.0625
=4.86 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.346 + 312.224
=345.57

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54.282 + 134.273
=188.555

Tianjin Keyvia Electric 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  *  -10.396/( (188.555+190.834)/ 2 )
=-1  *  -10.396/189.6945
=5.48 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54.282 + 134.273
=188.555

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=68.643 + 122.191
=190.834

* 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.


Tianjin Keyvia Electric Co  (SZSE:300407) Effective Interest Rate on Debt % Explanation

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


Tianjin Keyvia Electric Co Effective Interest Rate on Debt % Related Terms

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Tianjin Keyvia Electric Co (SZSE:300407) Business Description

Traded in Other Exchanges
N/A
Address
8th matter Hyflux Building Road, Tianjin Huayuan Industrial Park, Tianjin, CHN, 300384
Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.
Executives
Kong Xiang Zhou Director
Wen Guo Wang Supervisors
Wang Yong Director
Wang Chuan Qi Directors, executives
Wang Wei Directors, executives
Zhang Zhong Jie Directors, executives
Liu Kun Supervisors
Chu Fei Directors, executives
Cai Deng Ming Directors, executives
Zhao Qin Supervisors
Zhao Yi Huan Executives
Wang Rui Jin Securities Affairs Representative
Zhang Gang Executives

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