Q Technology (Group) Co (HKSE:01478) Effective Interest Rate on Debt % : 4.73% (As of Dec. 2023)

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What is Q Technology (Group) 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. Q Technology (Group) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$232 Mil. Q Technology (Group) Co's average total debt for the quarter that ended in Dec. 2023 was HK$4,899 Mil. Therefore, Q Technology (Group) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.73%.

Q Technology (Group) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Q Technology (Group) 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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Q Technology (Group) Co Effective Interest Rate on Debt % Chart

Q Technology (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.08

4.11

1.97

2.60

4.84

Q Technology (Group) Co 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															1.78	2.24	2.62	3.60	4.73

Competitive Comparison of Q Technology (Group) Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Q Technology (Group) 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.

Q Technology (Group) Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Q Technology (Group) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Q Technology (Group) Co's Effective Interest Rate on Debt % falls into.

Q Technology (Group) Co Effective Interest Rate on Debt % Calculation

Q Technology (Group) 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 * -187.394	/	( (2952.032	+	4798.268)	/ 2 )
=	-1 * -187.394	/	3875.15
=	4.84 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.068	+	2935.964
=	2952.032

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	248.263	+	4550.005
=	4798.268

Q Technology (Group) Co'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 * -231.676	/	( (5000.077	+	4798.268)	/ 2 )
=	-1 * -231.676	/	4899.1725
=	4.73 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	262.37	+	4737.707
=	5000.077

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	248.263	+	4550.005
=	4798.268

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.

Q Technology (Group) Co (HKSE:01478) Effective Interest Rate on Debt % Explanation

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

Q Technology (Group) Co Effective Interest Rate on Debt % Related Terms

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Q Technology (Group) Co (HKSE:01478) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Q Technology (Group) Co Ltd (HKSE:01478) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

N/A

Address

No. 3 Taihong Road, Hi-tech Industry Park, Jiangsu Province, Kunshan, CHN

Website

http://www.qtechglobal.com

Q Technology is engaged in the design, research and development, manufacture, and sales of camera modules and fingerprint recognition modules. It is the third-largest supplier in China and mainly supplies domestic firms. Camera modules account for most of the company's revenue and are primarily used in smartphone cameras. Other camera modules are used in drones, virtual and augmented reality headsets, and automobiles. The company also supplies 3D modules, underglass, and capacitive fingerprint recognition modules, mainly used in smartphones. It employed 7,212 employees as of June 30.

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