GURUFOCUS.COM » STOCK LIST » Technology » Software » Chinasoft International Ltd (HKSE:00354) » Definitions » Effective Interest Rate on Debt %

Chinasoft International (HKSE:00354) Effective Interest Rate on Debt % : 6.42% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Chinasoft International 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. Chinasoft International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$262 Mil. Chinasoft International's average total debt for the quarter that ended in Dec. 2023 was HK$4,079 Mil. Therefore, Chinasoft International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.42%.


Chinasoft International Effective Interest Rate on Debt % Historical Data

The historical data trend for Chinasoft International'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.

Chinasoft International Effective Interest Rate on Debt % Chart

Chinasoft International 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 6.18 6.52 4.51 4.69 7.47

Chinasoft International 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 4.08 3.75 4.55 5.08 6.42

Competitive Comparison of Chinasoft International's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, Chinasoft International'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.


Chinasoft International's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Chinasoft International's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chinasoft International's Effective Interest Rate on Debt % falls into.



Chinasoft International Effective Interest Rate on Debt % Calculation

Chinasoft International'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  *  -221.854/( (2470.186+3470.014)/ 2 )
=-1  *  -221.854/2970.1
=7.47 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1412.636 + 1057.55
=2470.186

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2540.919 + 929.095
=3470.014

Chinasoft International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -261.952/( (4688.757+3470.014)/ 2 )
=-1  *  -261.952/4079.3855
=6.42 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3205.332 + 1483.425
=4688.757

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2540.919 + 929.095
=3470.014

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Chinasoft International  (HKSE:00354) Effective Interest Rate on Debt % Explanation

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


Chinasoft International Effective Interest Rate on Debt % Related Terms

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


Chinasoft International (HKSE:00354) Business Description

Industry
Traded in Other Exchanges
Address
No. 2 Kexuiyuan South Road, North Wing, 12th Floor, Raycom Infotech Park, Tower C, Haidian District, Zhongguancun, Beijing, CHN, 100190
Chinasoft International Ltd is a technology software and information technology service enterprise. It provides end-to-end IT software, solutions, and services to global clients and has extensive experience in consulting, design, implementation, and services in digital applications of new technologies such as cloud computing, artificial intelligence, big data, the Internet of Things, and 5G, fully supporting clients' digital transformation. It has two segments: The Technical professional services group segment provides services that include business and IT consulting, application development, system integration, product engineering, and enterprise management. The Internet IT services group segment provides cloud-based consulting services.

Chinasoft International (HKSE:00354) Headlines

No Headlines