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Zhejiang Chemsyn Pharm Co (BJSE:870656) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)


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What is Zhejiang Chemsyn Pharm 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. Zhejiang Chemsyn Pharm Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ¥18.6 Mil. Zhejiang Chemsyn Pharm Co's average total debt for the quarter that ended in Jun. 2024 was ¥0.0 Mil. Therefore, Zhejiang Chemsyn Pharm Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was N/A%.


Zhejiang Chemsyn Pharm Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Zhejiang Chemsyn Pharm 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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Zhejiang Chemsyn Pharm Co Effective Interest Rate on Debt % Chart

Zhejiang Chemsyn Pharm 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 - - - 0.22 0.04

Zhejiang Chemsyn Pharm Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Zhejiang Chemsyn Pharm Co's Effective Interest Rate on Debt %

For the Healthcare Plans subindustry, Zhejiang Chemsyn Pharm 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.


Zhejiang Chemsyn Pharm Co's Effective Interest Rate on Debt % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Zhejiang Chemsyn Pharm Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Zhejiang Chemsyn Pharm Co's Effective Interest Rate on Debt % falls into.



Zhejiang Chemsyn Pharm Co Effective Interest Rate on Debt % Calculation

Zhejiang Chemsyn Pharm 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  *  -0.004/( (10+0)/ 1 )
=-1  *  -0.004/10
=0.04 %

where

Zhejiang Chemsyn Pharm Co'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: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -18.564/( (0+0)/ 1 )
=-1  *  -18.564/0
=N/A %

where

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


Zhejiang Chemsyn Pharm Co  (BJSE:870656) Effective Interest Rate on Debt % Explanation

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


Zhejiang Chemsyn Pharm Co Effective Interest Rate on Debt % Related Terms

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Zhejiang Chemsyn Pharm Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Huayang Road, No. 36, High-tech Industrial Park, Zhejiang Province, Quzhou City, CHN
Zhejiang Chemsyn Pharm Co Ltd is engaged in research& development, production and sales of veterinary raw materials, pharmaceutical raw materials and intermediates. Its products category includes API, Sulfa API, Intermediates. It also includes N-Acetylsulfanilyl Chloride, Sulfanilamide, Sulfachloropyridazine Sodium, Sulfachloropyrazine Sodium.

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