ASNFF (AsiaInfo Technologies) Effective Interest Rate on Debt % : 7.29% (As of Jun. 2024)

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What is AsiaInfo Technologies 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. AsiaInfo Technologies's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $2 Mil. AsiaInfo Technologies's average total debt for the quarter that ended in Jun. 2024 was $27 Mil. Therefore, AsiaInfo Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 7.29%.

AsiaInfo Technologies Effective Interest Rate on Debt % Historical Data

The historical data trend for AsiaInfo Technologies'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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AsiaInfo Technologies Effective Interest Rate on Debt % Chart

AsiaInfo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.03

4.24

4.90

5.75

5.74

AsiaInfo Technologies Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												6.48	4.24	8.36	3.75	7.29

Competitive Comparison of AsiaInfo Technologies's Effective Interest Rate on Debt %

For the Software - Application subindustry, AsiaInfo Technologies'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.

AsiaInfo Technologies's Effective Interest Rate on Debt % Distribution in the Software Industry

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

* The bar in red indicates where AsiaInfo Technologies's Effective Interest Rate on Debt % falls into.

AsiaInfo Technologies Effective Interest Rate on Debt % Calculation

AsiaInfo Technologies'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 * -1.652	/	( (29.264	+	28.288)	/ 2 )
=	-1 * -1.652	/	28.776
=	5.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.18	+	10.084
=	29.264

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.939	+	12.349
=	28.288

AsiaInfo Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -1.936	/	( (28.288	+	24.836)	/ 2 )
=	-1 * -1.936	/	26.562
=	7.29 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.939	+	12.349
=	28.288

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15.443	+	9.393
=	24.836

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

AsiaInfo Technologies (OTCPK:ASNFF) Effective Interest Rate on Debt % Explanation

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

AsiaInfo Technologies Effective Interest Rate on Debt % Related Terms

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AsiaInfo Technologies Business Description

Industry

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01675:Hong Kong

Address

10 Xibeiwang Dong Lu, AsiaInfo Plaza, Hai Dian District, Beijing, CHN, 100193

Website

https://www.asiainfo.com

AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. The Company's revenue is primarily generated from project-based software development contracts, under which the Group develops software products and provides services at fixed prices and or variable prices.

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