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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Effective Interest Rate on Debt % : 4.42% (As of Jun. 2023)


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What is Beijing Enterprises Water Group 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. Beijing Enterprises Water Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $472 Mil. Beijing Enterprises Water Group's average total debt for the quarter that ended in Jun. 2023 was $10,683 Mil. Therefore, Beijing Enterprises Water Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 4.42%.


Beijing Enterprises Water Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Beijing Enterprises Water Group'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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Beijing Enterprises Water Group Effective Interest Rate on Debt % Chart

Beijing Enterprises Water Group 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 4.53 4.19 3.85 4.14 4.30

Beijing Enterprises Water Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.68 3.70 4.38 4.42 3.85

Competitive Comparison of Beijing Enterprises Water Group's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, Beijing Enterprises Water Group'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.


Beijing Enterprises Water Group's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Enterprises Water Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Water Group's Effective Interest Rate on Debt % falls into.



Beijing Enterprises Water Group Effective Interest Rate on Debt % Calculation

Beijing Enterprises Water Group'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  *  -421.954/( (9775.516+10585.07)/ 2 )
=-1  *  -421.954/10180.293
=4.14 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8052.581 + 1722.935
=9775.516

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8517.021 + 2068.049
=10585.07

Beijing Enterprises Water Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -471.762/( (10585.07+10779.982)/ 2 )
=-1  *  -471.762/10682.526
=4.42 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8517.021 + 2068.049
=10585.07

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9376.34 + 1403.642
=10779.982

* 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 two times the semi-annual (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Beijing Enterprises Water Group  (OTCPK:BJWTY) Effective Interest Rate on Debt % Explanation

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


Beijing Enterprises Water Group Effective Interest Rate on Debt % Related Terms

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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

Beijing Enterprises Water Group (Beijing Enterprises Water Group) Headlines

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