Kontour (Xian) Medical Technology Co (SHSE:688314) Effective Interest Rate on Debt %

: 3.33% (As of Sep. 2022)

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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. Kontour (Xian) Medical Technology Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2022 was ¥1.3 Mil. Kontour (Xian) Medical Technology Co's average total debt for the quarter that ended in Sep. 2022 was ¥39.1 Mil. Therefore, Kontour (Xian) Medical Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 was 3.33%.

Kontour (Xian) Medical Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kontour (Xian) Medical Technology 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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Kontour (Xian) Medical Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

79.41

1.80

5.57

2.48

3.33

Kontour (Xian) Medical Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Effective Interest Rate on Debt %										-0.40	6.93	3.44	3.40	3.33

Competitive Comparison

For the Medical Devices subindustry, Kontour (Xian) Medical Technology 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.

Annual Data Quarterly Data

Kontour (Xian) Medical Technology Co Effective Interest Rate on Debt % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, Kontour (Xian) Medical Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kontour (Xian) Medical Technology Co's Effective Interest Rate on Debt % falls in comparison to its industry or sector. The grey bar indicates the Effective Interest Rate on Debt %'s extreme value range as defined by GuruFocus.

Kontour (Xian) Medical Technology Co Effective Interest Rate on Debt % Calculation

Kontour (Xian) Medical Technology Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -0.741	/	( (21.428	+	23.035)	/ 2 )
=	-1 * -0.741	/	22.2315
=	3.33 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.421	+	17.007
=	21.428

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.421	+	19.614
=	23.035

Kontour (Xian) Medical Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2022 )	+	Total Debt (Q: Sep. 2022 ))	/ count )
=	-1 * -1.3	/	( (38.256	+	39.923)	/ 2 )
=	-1 * -1.3	/	39.0895
=	3.33 %

where

	Total Debt (Q: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.728	+	35.528
=	38.256

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.314	+	37.609
=	39.923

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Kontour (Xian) Medical Technology Co (SHSE:688314) Effective Interest Rate on Debt % Explanation

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

Kontour (Xian) Medical Technology Co Effective Interest Rate on Debt % Related Terms

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Kontour (Xian) Medical Technology Co (SHSE:688314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kontour (Xian) Medical Technology Co Ltd (SHSE:688314) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 6, Qinling Avenue West, Caotang Technology Industry Base, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710304

Website

http://www.kontourmedical.com

Kontour (Xian) Medical Technology Co Ltd is engaged in the research and development, production, and sales of three types of implanted medical device products. It focuses on neurosurgery, cardiovascular surgery, craniofacial surgery, stomatology, and other professional fields.

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