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Huaneng Power International (HKSE:00902) Effective Interest Rate on Debt % : 2.76% (As of Mar. 2024)


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What is Huaneng Power 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. Huaneng Power International's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was HK$8,793 Mil. Huaneng Power International's average total debt for the quarter that ended in Mar. 2024 was HK$318,417 Mil. Therefore, Huaneng Power International's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.76%.

Huaneng Power International Effective Interest Rate on Debt % Historical Data

The historical data trend for Huaneng Power 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.

Huaneng Power International Effective Interest Rate on Debt % Chart

Huaneng Power 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 4.44 4.01 3.39 3.23 3.01

Huaneng Power International 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 3.16 2.99 2.93 3.03 2.76

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

For the Utilities - Independent Power Producers subindustry, Huaneng Power 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.

Huaneng Power International's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Effective Interest Rate on Debt % distribution charts can be found below:

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


Huaneng Power International Effective Interest Rate on Debt % Calculation

Huaneng Power 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  *  -9776.288/( (335588.566+315056.994)/ 2 )
=-1  *  -9776.288/325322.78
=3.01 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=218873.056 + 116715.51
=335588.566

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=214976.393 + 100080.601
=315056.994

Huaneng Power International'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  *  -8793.06/( (315056.994+321777.299)/ 2 )
=-1  *  -8793.06/318417.1465
=2.76 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=214976.393 + 100080.601
=315056.994

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=202364.412 + 119412.887
=321777.299

* 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.

Huaneng Power International  (HKSE:00902) Effective Interest Rate on Debt % Explanation

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

Huaneng Power International Effective Interest Rate on Debt % Related Terms

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Huaneng Power International (HKSE:00902) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Power International Inc (HKSE:00902) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SHSE:600023 SHSE:600674 SHSE:601991 SHSE:600863 SHSE:600578 SHSE:600726 SZSE:000690 SHSE:600719 SZSE:300614 SHSE:900957 SHSE:600900 HKSE:01816 BOM:533096 VST BOM:500400 NRG BOM:539254 HKSE:00006 HKSE:00836 NSE:JSWENERGY
Traded in Other Exchanges
HUNGF:USA HUP1:Germany HUP1:Germany 600011:China
Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Website
https://www.hpi.com.cn
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

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