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Beijing Enterprises Holdings (FRA:BJEB) Effective Interest Rate on Debt % : 3.38% (As of Jun. 2023)


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What is Beijing Enterprises Holdings 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. Beijing Enterprises Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €325 Mil. Beijing Enterprises Holdings's average total debt for the quarter that ended in Jun. 2023 was €9,610 Mil. Therefore, Beijing Enterprises Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 3.38%.


Beijing Enterprises Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Beijing Enterprises Holdings'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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Beijing Enterprises Holdings Effective Interest Rate on Debt % Chart

Beijing Enterprises Holdings 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 3.58 2.86 2.60 2.83 3.35

Beijing Enterprises Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.55 2.56 3.09 3.38 3.17

Competitive Comparison of Beijing Enterprises Holdings's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Beijing Enterprises Holdings'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.


Beijing Enterprises Holdings's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Holdings's Effective Interest Rate on Debt % falls into.



Beijing Enterprises Holdings Effective Interest Rate on Debt % Calculation

Beijing Enterprises Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -251.23/( (8279.622+9486.493)/ 2 )
=-1  *  -251.23/8883.0575
=2.83 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5247.681 + 3031.941
=8279.622

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6458.128 + 3028.365
=9486.493

Beijing Enterprises Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -324.62/( (9486.493+9732.913)/ 2 )
=-1  *  -324.62/9609.703
=3.38 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6458.128 + 3028.365
=9486.493

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7136.289 + 2596.624
=9732.913

* 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 two times the semi-annual (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Beijing Enterprises Holdings  (FRA:BJEB) Effective Interest Rate on Debt % Explanation

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


Beijing Enterprises Holdings Effective Interest Rate on Debt % Related Terms

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Beijing Enterprises Holdings (FRA:BJEB) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Holdings was founded in 1997 and it is the listed flagship of the Beijing municipal government. It has a diversified business portfolio with focus on public utilities, including gas distribution and transmission, sewage and water treatment, and waste-to-energy business. It also invests in an upstream Russia oil and gas company, and owns 80% of Yanjing Brewery, one of the leading domestic brewers. The business mix is approximately 70% in gas operation, with the rest in water, waste treatment, and beer businesses.

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