Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Effective Interest Rate on Debt % : 1.91% (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Lee & Man Paper Manufacturing 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. Lee & Man Paper Manufacturing's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $45 Mil. Lee & Man Paper Manufacturing's average total debt for the quarter that ended in Dec. 2023 was $2,381 Mil. Therefore, Lee & Man Paper Manufacturing's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.91%.

Lee & Man Paper Manufacturing Effective Interest Rate on Debt % Historical Data

The historical data trend for Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing Effective Interest Rate on Debt % Chart

Lee & Man Paper Manufacturing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.48

1.44

0.59

0.81

1.55

Lee & Man Paper Manufacturing 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															0.60	0.51	1.07	1.17	1.91

Competitive Comparison of Lee & Man Paper Manufacturing's Effective Interest Rate on Debt %

For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.

Lee & Man Paper Manufacturing's Effective Interest Rate on Debt % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lee & Man Paper Manufacturing's Effective Interest Rate on Debt % falls into.

Lee & Man Paper Manufacturing Effective Interest Rate on Debt % Calculation

Lee & Man Paper Manufacturing'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 * -35.612	/	( (2107.755	+	2480.129)	/ 2 )
=	-1 * -35.612	/	2293.942
=	1.55 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1013.726	+	1094.029
=	2107.755

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1576.929	+	903.2
=	2480.129

Lee & Man Paper Manufacturing'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 * -45.492	/	( (2281.892	+	2480.129)	/ 2 )
=	-1 * -45.492	/	2381.0105
=	1.91 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1259.779	+	1022.113
=	2281.892

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1576.929	+	903.2
=	2480.129

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.

Lee & Man Paper Manufacturing (OTCPK:LMPMF) Effective Interest Rate on Debt % Explanation

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

Lee & Man Paper Manufacturing Effective Interest Rate on Debt % Related Terms

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

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Lee & Man Paper Manufacturing Ltd (OTCPK:LMPMF) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

LMPMY:USA 02314:Hong Kong LMP:Germany

Address

169 Electric Road, 39/F, Lee & Man Commercial Center, North Point, Hong Kong, HKG

Website

https://www.leemanpaper.com

Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. The People's Republic of China accounts for the majority of the revenue.

Lee & Man Paper Manufacturing (Lee & Man Paper Manufacturing) Headlines

No Headlines