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Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Effective Interest Rate on Debt % : 8.46% (As of Dec. 2023)


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What is Shanghai Jin Jiang International Hotel (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. Shanghai Jin Jiang International Hotel (Group) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ¥2,011 Mil. Shanghai Jin Jiang International Hotel (Group) Co's average total debt for the quarter that ended in Dec. 2023 was ¥23,776 Mil. Therefore, Shanghai Jin Jiang International Hotel (Group) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.46%.

Shanghai Jin Jiang International Hotel (Group) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai Jin Jiang International Hotel (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.

* Premium members only.

Shanghai Jin Jiang International Hotel (Group) Co Effective Interest Rate on Debt % Chart

Shanghai Jin Jiang International Hotel (Group) Co 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 2.26 1.59 2.69 2.70 3.58

Shanghai Jin Jiang International Hotel (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.90 1.69 5.07 -0.93 8.46

Competitive Comparison of Shanghai Jin Jiang International Hotel (Group) Co's Effective Interest Rate on Debt %

For the Lodging subindustry, Shanghai Jin Jiang International Hotel (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.

Shanghai Jin Jiang International Hotel (Group) Co's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jin Jiang International Hotel (Group) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shanghai Jin Jiang International Hotel (Group) Co's Effective Interest Rate on Debt % falls into.


Shanghai Jin Jiang International Hotel (Group) Co Effective Interest Rate on Debt % Calculation

Shanghai Jin Jiang International Hotel (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  *  -846.031/( (23187.915+24111.286)/ 2 )
=-1  *  -846.031/23649.6005
=3.58 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16381.134 + 6806.781
=23187.915

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18208.505 + 5902.781
=24111.286

Shanghai Jin Jiang International Hotel (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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -2011.38/( (23439.935+24111.286)/ 2 )
=-1  *  -2011.38/23775.6105
=8.46 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19044.388 + 4395.547
=23439.935

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18208.505 + 5902.781
=24111.286

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

Shanghai Jin Jiang International Hotel (Group) Co  (SHSE:600754) Effective Interest Rate on Debt % Explanation

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

Shanghai Jin Jiang International Hotel (Group) Co Effective Interest Rate on Debt % Related Terms

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Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Jin Jiang International Hotel (Group) Co Ltd (SHSE:600754) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SZSE:000069 SHSE:600258 SHSE:600138 SHSE:600054 SZSE:000524 SZSE:002033 SZSE:002059 SZSE:301073 SHSE:603136 SZSE:000428 MAR HLT XNEP:SHL LSE:IHG H HTHT XPAR:AC BOM:500850 SAU:4250 LSE:WTB
Traded in Other Exchanges
900934:China
Address
No. 100 Yan an East Road, 26th Floor, Union Building, Shanghai, CHN
Website
http://www.jinjianghotels.com.cn
Shanghai Jin Jiang International Hotel (Group) Co Ltd is one of the leading hotel group in China, engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics, and travel agency. The group operates a wide range of hotels, including full-service hotels and select service hotels.

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