CIFI Holdings (Group) Co (FRA:6CI) Effective Interest Rate on Debt % : 3.30% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is CIFI Holdings (Group) Co 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. CIFI Holdings (Group) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €414 Mil. CIFI Holdings (Group) Co's average total debt for the quarter that ended in Dec. 2023 was €12,538 Mil. Therefore, CIFI Holdings (Group) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.30%.

CIFI Holdings (Group) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for CIFI Holdings (Group) Co'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.

CIFI Holdings (Group) Co Effective Interest Rate on Debt % Chart

CIFI Holdings (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

0.80

0.63

0.55

2.27

2.92

CIFI Holdings (Group) Co 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															0.65	0.66	3.85	2.61	3.30

Competitive Comparison of CIFI Holdings (Group) Co's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, CIFI Holdings (Group) Co'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.

CIFI Holdings (Group) Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CIFI Holdings (Group) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CIFI Holdings (Group) Co's Effective Interest Rate on Debt % falls into.

CIFI Holdings (Group) Co Effective Interest Rate on Debt % Calculation

CIFI Holdings (Group) Co'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 * -388.767	/	( (14713.943	+	11872.5)	/ 2 )
=	-1 * -388.767	/	13293.2215
=	2.92 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4938.634	+	9775.309
=	14713.943

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2970.628	+	8901.872
=	11872.5

CIFI Holdings (Group) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -413.842	/	( (13203.866	+	11872.5)	/ 2 )
=	-1 * -413.842	/	12538.183
=	3.30 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3843.331	+	9360.535
=	13203.866

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2970.628	+	8901.872
=	11872.5

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

CIFI Holdings (Group) Co (FRA:6CI) Effective Interest Rate on Debt % Explanation

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

CIFI Holdings (Group) Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of CIFI Holdings (Group) Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

CIFI Holdings (Group) Co (FRA:6CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CIFI Holdings (Group) Co Ltd (FRA:6CI) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

00884:Hong Kong

Address

Lane 1088, No. 39 Shenhong Road, CIFI Center, Minhang District, Shanghai, CHN, 201106

Website

https://www.cifi.com.cn

CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.

CIFI Holdings (Group) Co (FRA:6CI) Headlines

No Headlines