China Coal Energy Co (China Coal Energy Co) Effective Interest Rate on Debt % : 3.80% (As of Mar. 2024)

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

What is China Coal Energy 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. China Coal Energy Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $382 Mil. China Coal Energy Co's average total debt for the quarter that ended in Mar. 2024 was $10,069 Mil. Therefore, China Coal Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.80%.

China Coal Energy Co Effective Interest Rate on Debt % Historical Data

The historical data trend for China Coal Energy 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.

China Coal Energy Co Effective Interest Rate on Debt % Chart

China Coal Energy 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

5.03

5.09

4.30

4.04

3.85

China Coal Energy 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															3.43	4.29	3.94	3.85	3.80

Competitive Comparison of China Coal Energy Co's Effective Interest Rate on Debt %

For the Thermal Coal subindustry, China Coal Energy 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.

China Coal Energy Co's Effective Interest Rate on Debt % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Energy Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Coal Energy Co's Effective Interest Rate on Debt % falls into.

China Coal Energy Co Effective Interest Rate on Debt % Calculation

China Coal Energy 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 * -429.233	/	( (12081.677	+	10215.997)	/ 2 )
=	-1 * -429.233	/	11148.837
=	3.85 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7581.54	+	4500.137
=	12081.677

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7153.632	+	3062.365
=	10215.997

China Coal Energy 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 * -382.424	/	( (10215.997	+	9922.164)	/ 2 )
=	-1 * -382.424	/	10069.0805
=	3.80 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7153.632	+	3062.365
=	10215.997

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7465.384	+	2456.78
=	9922.164

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.

China Coal Energy Co (OTCPK:CCOZY) Effective Interest Rate on Debt % Explanation

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

China Coal Energy Co Effective Interest Rate on Debt % Related Terms

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

China Coal Energy Co (China Coal Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Coal Energy Co Ltd (OTCPK:CCOZY) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

CCOZF:USA 01898:Hong Kong CVV:Germany 601898:China

Address

No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120

Website

https://www.chinacoalenergy.com

China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; Finance and Others. The company generates maximum revenue from the Coal segment.

China Coal Energy Co (China Coal Energy Co) Headlines

From GuruFocus

China Coal Energy Co Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-06-2021