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Kingold Jewelry (Kingold Jewelry) Effective Interest Rate on Debt % : 6.95% (As of Sep. 2019)


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What is Kingold Jewelry 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. Kingold Jewelry's annualized positive value of Interest Expense for the quarter that ended in Sep. 2019 was $153 Mil. Kingold Jewelry's average total debt for the quarter that ended in Sep. 2019 was $2,198 Mil. Therefore, Kingold Jewelry's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 was 6.95%.


Kingold Jewelry Effective Interest Rate on Debt % Historical Data

The historical data trend for Kingold Jewelry'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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Kingold Jewelry Effective Interest Rate on Debt % Chart

Kingold Jewelry Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 2.70 6.59 6.21 6.94

Kingold Jewelry Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 6.33 6.89 8.02 8.39 6.95

Competitive Comparison of Kingold Jewelry's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Kingold Jewelry'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.


Kingold Jewelry's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kingold Jewelry's Effective Interest Rate on Debt % distribution charts can be found below:

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



Kingold Jewelry Effective Interest Rate on Debt % Calculation

Kingold Jewelry's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -160.445/( (2626.744+1996.453)/ 2 )
=-1  *  -160.445/2311.5985
=6.94 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1357.253 + 1269.491
=2626.744

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=888.805 + 1107.648
=1996.453

Kingold Jewelry's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2019 )+Total Debt  (Q: Sep. 2019 ))/ count )
=-1  *  -152.688/( (2199.571+2196.448)/ 2 )
=-1  *  -152.688/2198.0095
=6.95 %

where

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=594.449 + 1605.122
=2199.571

Total Debt  (Q: Sep. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=702.336 + 1494.112
=2196.448

* 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 (Sep. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Kingold Jewelry  (GREY:KGJI) Effective Interest Rate on Debt % Explanation

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


Kingold Jewelry Effective Interest Rate on Debt % Related Terms

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Kingold Jewelry (Kingold Jewelry) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Han Huang Road, Jiang'an District, Hubei Province, 15 Huangpu Science & Technology Park, Wuhan, CHN, 430023
Kingold Jewelry Inc designs and manufactures 24-karat gold jewelry and Chinese ornaments. The company along with its subsidiaries develops markets and sells products including gold necklaces, rings, earrings, bracelets, and pendants to the jewelry market in China. The company also sells gold bars and coins and other products through various banks in China. It derives most of its revenues from the sales of 24-karat jewelry and Chinese ornaments and from design and processing fees.
Executives
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Bin Liu officer: CHIEF FINANCIAL OFFICER 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005

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