China Fishery Group (China Fishery Group) Effective Interest Rate on Debt % : 4.65% (As of Jun. 2015)

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What is China Fishery 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. China Fishery Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2015 was $43.9 Mil. China Fishery Group's average total debt for the quarter that ended in Jun. 2015 was $943.6 Mil. Therefore, China Fishery Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 was 4.65%.

China Fishery Group Effective Interest Rate on Debt % Historical Data

The historical data trend for China Fishery 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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China Fishery Group Effective Interest Rate on Debt % Chart

China Fishery Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Effective Interest Rate on Debt %

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8.13

8.06

4.83

5.48

6.40

China Fishery Group Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.61	4.53	7.23	7.12	4.65

Competitive Comparison of China Fishery Group's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, China Fishery 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.

China Fishery Group's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Fishery Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Fishery Group's Effective Interest Rate on Debt % falls into.

China Fishery Group Effective Interest Rate on Debt % Calculation

China Fishery Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2014 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2013 )	+	Total Debt (A: Sep. 2014 ))	/ count )
=	-1 * -77.581	/	( (1211.036	+	1212.113)	/ 2 )
=	-1 * -77.581	/	1211.5745
=	6.40 %

where

	Total Debt (A: Sep. 2013 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	668.922	+	542.114
=	1211.036

	Total Debt (A: Sep. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	908.506	+	303.607
=	1212.113

China Fishery Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2015 )	+	Total Debt (Q: Jun. 2015 ))	/ count )
=	-1 * -43.916	/	( (1017.455	+	869.664)	/ 2 )
=	-1 * -43.916	/	943.5595
=	4.65 %

where

	Total Debt (Q: Mar. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	850.895	+	166.56
=	1017.455

	Total Debt (Q: Jun. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	575.022	+	294.642
=	869.664

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. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

China Fishery Group (OTCPK:CIFHY) Effective Interest Rate on Debt % Explanation

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

China Fishery Group Effective Interest Rate on Debt % Related Terms

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China Fishery Group (China Fishery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Fishery Group Ltd (OTCPK:CIFHY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

188 Connaught Road West, Room 3312-3314, Hong Kong Plaza, Hong Kong, HKG

Website

http://www.chinafisherygroup.com

China Fishery Group Ltd is a Hong Kong-based industrial fishing company with access to fish in some of the fishing grounds, including the Anchovy fishery in Peru. Business activity of the firm is functioned through three reportable segments namely contract supply business, Peruvian fishmeal, and China fishery fleet. It offers fish products in various forms, such as frozen whole, headed and gutted, frozen fillets, and fish roe and milt for wholesalers and food processors, as well as sells fish meal and oil products for fish meal and oil distributors, and Omega-3 capsule manufacturers. Geographically, its business presence can be seen across the region of China, Europe, South America, Africa and Australia.

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