GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Lumena New Materials Corp (OTCPK:CHLUY) » Definitions » Effective Interest Rate on Debt %

China Lumena New Materials (China Lumena New Materials) Effective Interest Rate on Debt % : 2.38% (As of Jun. 2021)


View and export this data going back to 2011. Start your Free Trial

What is China Lumena New Materials 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. China Lumena New Materials's annualized positive value of Interest Expense for the quarter that ended in Jun. 2021 was $27.58 Mil. China Lumena New Materials's average total debt for the quarter that ended in Jun. 2021 was $1,160.00 Mil. Therefore, China Lumena New Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 was 2.38%.


China Lumena New Materials Effective Interest Rate on Debt % Historical Data

The historical data trend for China Lumena New Materials'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.

China Lumena New Materials Effective Interest Rate on Debt % Chart

China Lumena New Materials Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 2.68 2.63 2.63 2.50

China Lumena New Materials Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 2.63 2.66 2.63 2.28 2.38

Competitive Comparison of China Lumena New Materials's Effective Interest Rate on Debt %

For the Chemicals subindustry, China Lumena New Materials'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.


China Lumena New Materials's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Lumena New Materials's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Lumena New Materials's Effective Interest Rate on Debt % falls into.



China Lumena New Materials Effective Interest Rate on Debt % Calculation

China Lumena New Materials's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -27.282/( (1040.192+1142.936)/ 2 )
=-1  *  -27.282/1091.564
=2.50 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=531.517 + 508.675
=1040.192

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=570.077 + 572.859
=1142.936

China Lumena New Materials's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2020 )+Total Debt  (Q: Jun. 2021 ))/ count )
=-1  *  -27.584/( (1142.936+1177.06)/ 2 )
=-1  *  -27.584/1159.998
=2.38 %

where

Total Debt  (Q: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=570.077 + 572.859
=1142.936

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=580.218 + 596.842
=1177.06

* 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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


China Lumena New Materials  (OTCPK:CHLUY) Effective Interest Rate on Debt % Explanation

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


China Lumena New Materials Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of China Lumena New Materials's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Lumena New Materials (China Lumena New Materials) Business Description

Traded in Other Exchanges
N/A
Address
22nd Floor, Prince’s Building, Central, Hong Kong, HKG
China Lumena New Materials Corp and its subsidiaries are engaged in the manufacturing and selling of polyphenylene sulfide products including PPS resin, PPS fiber, and PPS compounds. It is also engaged in processing and selling powder thenardite, specialty thenardite and medical thenardite.

China Lumena New Materials (China Lumena New Materials) Headlines

No Headlines