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China Conch Venture Holdings (FRA:68C) Effective Interest Rate on Debt % : 2.56% (As of Jun. 2024)


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What is China Conch Venture Holdings 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 Conch Venture Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €90.6 Mil. China Conch Venture Holdings's average total debt for the quarter that ended in Jun. 2024 was €3,540.5 Mil. Therefore, China Conch Venture Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 2.56%.


China Conch Venture Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for China Conch Venture Holdings'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 Conch Venture Holdings Effective Interest Rate on Debt % Chart

China Conch Venture Holdings 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 3.29 2.77 2.74 3.31 2.89

China Conch Venture Holdings 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 3.38 3.03 2.75 2.65 2.56

Competitive Comparison of China Conch Venture Holdings's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, China Conch Venture Holdings'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 Conch Venture Holdings's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Conch Venture Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Conch Venture Holdings's Effective Interest Rate on Debt % falls into.



China Conch Venture Holdings Effective Interest Rate on Debt % Calculation

China Conch Venture Holdings'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  *  -93.484/( (2991.745+3475.142)/ 2 )
=-1  *  -93.484/3233.4435
=2.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2371.73 + 620.015
=2991.745

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3310.852 + 164.29
=3475.142

China Conch Venture Holdings'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  *  -90.608/( (3475.142+3605.94)/ 2 )
=-1  *  -90.608/3540.541
=2.56 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3310.852 + 164.29
=3475.142

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3374.254 + 231.686
=3605.94

* 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.


China Conch Venture Holdings  (FRA:68C) Effective Interest Rate on Debt % Explanation

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


China Conch Venture Holdings Effective Interest Rate on Debt % Related Terms

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China Conch Venture Holdings Business Description

Traded in Other Exchanges
Address
1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070
China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.

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