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Advanced Technology & Materials Co (SZSE:000969) Effective Interest Rate on Debt % : 2.73% (As of Sep. 2023)


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What is Advanced Technology & Materials 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. Advanced Technology & Materials Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was ¥23 Mil. Advanced Technology & Materials Co's average total debt for the quarter that ended in Sep. 2023 was ¥829 Mil. Therefore, Advanced Technology & Materials Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 2.73%.


Advanced Technology & Materials Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Advanced Technology & Materials 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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Advanced Technology & Materials Co Effective Interest Rate on Debt % Chart

Advanced Technology & Materials Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.68 4.04 4.25 2.90 2.68

Advanced Technology & Materials Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.82 2.68 2.58 2.77 2.73

Competitive Comparison of Advanced Technology & Materials Co's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Advanced Technology & Materials 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.


Advanced Technology & Materials Co's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Advanced Technology & Materials Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Advanced Technology & Materials Co Effective Interest Rate on Debt % Calculation

Advanced Technology & Materials Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -27.03/( (1051.673+962.729)/ 2 )
=-1  *  -27.03/1007.201
=2.68 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=519.413 + 532.26
=1051.673

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=665.876 + 296.853
=962.729

Advanced Technology & Materials Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -22.612/( (818.543+839.608)/ 2 )
=-1  *  -22.612/829.0755
=2.73 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=673.892 + 144.651
=818.543

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=694.479 + 145.129
=839.608

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


Advanced Technology & Materials Co  (SZSE:000969) Effective Interest Rate on Debt % Explanation

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


Advanced Technology & Materials Co Effective Interest Rate on Debt % Related Terms

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Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.

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