EVGRF (China Evergrande New Energy Vehicle Group) Effective Interest Rate on Debt %: 7.05% (As of Jun. 2024)

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EVGRF China Evergrande New Energy Vehicle Group Ltd EVGRF
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What is China Evergrande New Energy Vehicle Group Effective Interest Rate on Debt %?

China Evergrande New Energy Vehicle Group EVGRF 4 Effective Interest Rate on Debt % is 7.05% as of Jun. 2024. GuruFocus rates EVGRF with a GF Score™ of 4/100.

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 Evergrande New Energy Vehicle Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $263.0 Mil. China Evergrande New Energy Vehicle Group's average total debt for the quarter that ended in Jun. 2024 was $3,733.2 Mil. Therefore, China Evergrande New Energy Vehicle Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 7.05%.


China Evergrande New Energy Vehicle Group  (OTCPK:EVGRF) Effective Interest Rate on Debt % Explanation

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


China Evergrande New Energy Vehicle Group Effective Interest Rate on Debt % Related Terms


China Evergrande New Energy Vehicle Group Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for China Evergrande New Energy Vehicle 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.

China Evergrande New Energy Vehicle Group Effective Interest Rate on Debt % Chart

China Evergrande New Energy Vehicle Group Annual Data
Trend Jun14 Jun15 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 6.08 4.32 3.21 3.41 7.11

China Evergrande New Energy Vehicle Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 4.32 1.77 7.03 7.05 7.05

EVGRF vs JYNT, AONC, TOI: Effective Interest Rate on Debt % Comparison

For the Medical Care Facilities subindustry, China Evergrande New Energy Vehicle 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 Evergrande New Energy Vehicle Group Effective Interest Rate on Debt % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, China Evergrande New Energy Vehicle Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


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China Evergrande New Energy Vehicle Group Effective Interest Rate on Debt % Calculation

China Evergrande New Energy Vehicle Group'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  *  -269.078/( (3816.609+3755.533)/ 2 )
=-1  *  -269.078/3786.071
=7.11 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1806.726 + 2009.883
=3816.609

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1753.852 + 2001.681
=3755.533

China Evergrande New Energy Vehicle Group'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: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -263.014/( (3755.533+3710.954)/ 2 )
=-1  *  -263.014/3733.2435
=7.05 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1753.852 + 2001.681
=3755.533

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1736.687 + 1974.267
=3710.954

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

What does a Effective Interest Rate on Debt % of 7.05% mean?
China Evergrande New Energy Vehicle Group (EVGRF) has a Effective Interest Rate on Debt % of 7.05% as of Jun. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on China Evergrande New Energy Vehicle Group and its competitors.
Is China Evergrande New Energy Vehicle Group's Effective Interest Rate on Debt % too high?
China Evergrande New Energy Vehicle Group's current Effective Interest Rate on Debt % is 7.05%. Overall, China Evergrande New Energy Vehicle Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande New Energy Vehicle Group's Effective Interest Rate on Debt % compare to JYNT and AONC?
China Evergrande New Energy Vehicle Group's Effective Interest Rate on Debt % of 7.05% can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Healthcare Providers & Services company?
A good Effective Interest Rate on Debt % depends on the Healthcare Providers & Services industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on China Evergrande New Energy Vehicle Group and its competitors. China Evergrande New Energy Vehicle Group's current Effective Interest Rate on Debt % is 7.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande New Energy Vehicle Group stock overvalued right now?
China Evergrande New Energy Vehicle Group (EVGRF) has a current Effective Interest Rate on Debt % of 7.05%. The current Effective Interest Rate on Debt % is 7.05%. China Evergrande New Energy Vehicle Group's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For China Evergrande New Energy Vehicle Group (EVGRF), the current Effective Interest Rate on Debt % is 7.05% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Evergrande New Energy Vehicle Group Business Description

Address No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.
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