GURUFOCUS.COM » STOCK LIST » Technology » Software » CloudWalk Technology Co Ltd (SHSE:688327) » Definitions » Effective Interest Rate on Debt %

CloudWalk Technology Co (SHSE:688327) Effective Interest Rate on Debt %

: 2.57% (As of Dec. 2023)
View and export this data going back to 2022. Start your Free Trial

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. CloudWalk Technology Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was ¥16.3 Mil. CloudWalk Technology Co's average total debt for the quarter that ended in Dec. 2023 was ¥633.1 Mil. Therefore, CloudWalk Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.57%.


CloudWalk Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for CloudWalk 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.

* Premium members only.

CloudWalk Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only 0.47 4.68 3.86 3.82 2.39

CloudWalk Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % 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 3.47 1.88 2.10 2.88 2.57

Competitive Comparison

For the Software - Infrastructure subindustry, CloudWalk 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.


CloudWalk Technology Co Effective Interest Rate on Debt % Distribution

For the Software industry and Technology sector, CloudWalk Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



CloudWalk Technology Co Effective Interest Rate on Debt % Calculation

CloudWalk Technology 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  *  -18.227/( (919.771+606.94)/ 2 )
=-1  *  -18.227/763.3555
=2.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=71.686 + 848.085
=919.771

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.277 + 599.663
=606.94

CloudWalk Technology 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  *  -16.256/( (659.231+606.94)/ 2 )
=-1  *  -16.256/633.0855
=2.57 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.438 + 648.793
=659.231

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.277 + 599.663
=606.94

* 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.


CloudWalk Technology Co  (SHSE:688327) Effective Interest Rate on Debt % Explanation

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


CloudWalk Technology Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of CloudWalk Technology Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


CloudWalk Technology Co (SHSE:688327) Business Description

Traded in Other Exchanges
N/A
Address
Room 501, No. 37, Jinlong Road, Nansha Street, Nansha District, Guangdong Province, Guangzhou, CHN, 201210
CloudWalk Technology Co Ltd is engaged in the provision of efficient human-machine collaborative operating systems and industry solutions. It is a man-machine coordination platform, that provides users with cross-scene, cross-industry and personalized AI services, in the hope of building a more harmonious and warmer intelligent future.

CloudWalk Technology Co (SHSE:688327) Headlines

No Headlines