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Guangdong Guangzi International Engineering Inv Consultants Co (BJSE:836892) Effective Interest Rate on Debt % : 4.73% (As of Mar. 2024)


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What is Guangdong Guangzi International Engineering Inv Consultants 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. Guangdong Guangzi International Engineering Inv Consultants Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥1.2 Mil. Guangdong Guangzi International Engineering Inv Consultants Co's average total debt for the quarter that ended in Mar. 2024 was ¥25.0 Mil. Therefore, Guangdong Guangzi International Engineering Inv Consultants Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.73%.


Guangdong Guangzi International Engineering Inv Consultants Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guangdong Guangzi International Engineering Inv Consultants 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.

Guangdong Guangzi International Engineering Inv Consultants Co Effective Interest Rate on Debt % Chart

Guangdong Guangzi International Engineering Inv Consultants Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.43 5.80 4.29 4.85

Guangdong Guangzi International Engineering Inv Consultants Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.59 5.14 4.70 4.60 4.73

Competitive Comparison of Guangdong Guangzi International Engineering Inv Consultants Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Guangdong Guangzi International Engineering Inv Consultants 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.


Guangdong Guangzi International Engineering Inv Consultants Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Guangdong Guangzi International Engineering Inv Consultants Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Guangdong Guangzi International Engineering Inv Consultants Co's Effective Interest Rate on Debt % falls into.



Guangdong Guangzi International Engineering Inv Consultants Co Effective Interest Rate on Debt % Calculation

Guangdong Guangzi International Engineering Inv Consultants 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  *  -1.434/( (33.425+25.713)/ 2 )
=-1  *  -1.434/29.569
=4.85 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.826 + 9.599
=33.425

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.893 + 9.82
=25.713

Guangdong Guangzi International Engineering Inv Consultants Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -1.184/( (25.713+24.364)/ 2 )
=-1  *  -1.184/25.0385
=4.73 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.893 + 9.82
=25.713

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.541 + 9.823
=24.364

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


Guangdong Guangzi International Engineering Inv Consultants Co  (BJSE:836892) Effective Interest Rate on Debt % Explanation

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


Guangdong Guangzi International Engineering Inv Consultants Co Effective Interest Rate on Debt % Related Terms

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Guangdong Guangzi International Engineering Inv Consultants Co (BJSE:836892) Business Description

Traded in Other Exchanges
N/A
Address
No. 316, Huanshi Middle Road, Floor 11, 13, 15, 16, Golden Eagle Building, Yuexiu District, Guangdong Province, Guangzhou City, CHN, 510060
Guangdong Guangzi International Engineering Inv Consultants Co Ltd provides investment and management consulting for international engineering projects. It focuses on infrastructure, industrial development, green environmental protection, social public utilities, and other major areas of the national economy and people's livelihood, and has established four business divisions. It also has investment supervision and project management sections which focus on cost consulting, project management, and supervision consulting respectively.

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