GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wei Hai Creditfan Ventilator Co Ltd (BJSE:831689) » Definitions » Effective Interest Rate on Debt %

Wei Hai Creditfan Ventilator Co (BJSE:831689) Effective Interest Rate on Debt % : 3.12% (As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Wei Hai Creditfan Ventilator 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. Wei Hai Creditfan Ventilator Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥2.0 Mil. Wei Hai Creditfan Ventilator Co's average total debt for the quarter that ended in Mar. 2025 was ¥65.2 Mil. Therefore, Wei Hai Creditfan Ventilator Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 3.12%.


Wei Hai Creditfan Ventilator Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Wei Hai Creditfan Ventilator 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.

Wei Hai Creditfan Ventilator Co Effective Interest Rate on Debt % Chart

Wei Hai Creditfan Ventilator Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.09 5.18 4.61 3.97 3.33

Wei Hai Creditfan Ventilator Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.22 3.53 2.13 4.04 3.12

Competitive Comparison of Wei Hai Creditfan Ventilator Co's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Wei Hai Creditfan Ventilator 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.


Wei Hai Creditfan Ventilator Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wei Hai Creditfan Ventilator Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Wei Hai Creditfan Ventilator Co's Effective Interest Rate on Debt % falls into.


;
;

Wei Hai Creditfan Ventilator Co Effective Interest Rate on Debt % Calculation

Wei Hai Creditfan Ventilator Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -1.606/( (36.595+59.877)/ 2 )
=-1  *  -1.606/48.236
=3.33 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.406 + 26.189
=36.595

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.295 + 32.582
=59.877

Wei Hai Creditfan Ventilator Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -2.032/( (59.877+70.489)/ 2 )
=-1  *  -2.032/65.183
=3.12 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.295 + 32.582
=59.877

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35.661 + 34.828
=70.489

* 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 (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Wei Hai Creditfan Ventilator Co  (BJSE:831689) Effective Interest Rate on Debt % Explanation

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


Wei Hai Creditfan Ventilator Co Effective Interest Rate on Debt % Related Terms

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


Wei Hai Creditfan Ventilator Co Business Description

Traded in Other Exchanges
N/A
Address
No. 111, Xingshan Road,, Torch High-tech Industrial Development Zone, Chucun Town, Shandong Province, Weihai, CHN, 264210
Wei Hai Creditfan Ventilator Co Ltd designs develops and manufactures ventilation and air handling system equipment and accessories such as ventilators and ventilation and cooling systems. It offers ventilation equipment products and systems in high-end equipment industries such as rail transit ventilation and cooling equipment, energy ventilation and cooling equipment, marine engineering and ship fans, cooling tower and air cooler fans, and refrigeration fans.

Wei Hai Creditfan Ventilator Co Headlines

No Headlines