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WuXi XDC Cayman (FRA:L74) Effective Interest Rate on Debt % : 2.88% (As of Jun. 2023)


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What is WuXi XDC Cayman 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. WuXi XDC Cayman's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was €0.1 Mil. WuXi XDC Cayman's average total debt for the quarter that ended in Jun. 2023 was €2.5 Mil. Therefore, WuXi XDC Cayman's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 2.88%.

WuXi XDC Cayman Effective Interest Rate on Debt % Historical Data

The historical data trend for WuXi XDC Cayman'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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WuXi XDC Cayman Effective Interest Rate on Debt % Chart

WuXi XDC Cayman Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 2.02 5.70 1.76

WuXi XDC Cayman Quarterly Data
Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial - - 3.14 2.88 -

Competitive Comparison of WuXi XDC Cayman's Effective Interest Rate on Debt %

For the Diagnostics & Research subindustry, WuXi XDC Cayman'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.

WuXi XDC Cayman's Effective Interest Rate on Debt % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, WuXi XDC Cayman's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where WuXi XDC Cayman's Effective Interest Rate on Debt % falls into.


WuXi XDC Cayman Effective Interest Rate on Debt % Calculation

WuXi XDC Cayman'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  *  -0.095/( (10.451+0.365)/ 2 )
=-1  *  -0.095/5.408
=1.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.22 + 10.231
=10.451

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.205 + 0.16
=0.365

WuXi XDC Cayman's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -0.072/( (4.32+0.683)/ 2 )
=-1  *  -0.072/2.5015
=2.88 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.378 + 3.942
=4.32

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.319 + 0.364
=0.683

* 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 four times the quarterly (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

WuXi XDC Cayman  (FRA:L74) Effective Interest Rate on Debt % Explanation

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

WuXi XDC Cayman Effective Interest Rate on Debt % Related Terms

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WuXi XDC Cayman (FRA:L74) Business Description

Industry
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02268:Hong Kong
Address
No. 11 Xinhui Ring Road, Xinwu, Jiangsu, Wuxi, CHN
Website
WuXi XDC Cayman Inc is a leading CRDMO focused on the global ADC and broader bioconjugate market and the only one dedicated to providing integrated and end-to-end services. Leveraging expertise in both biologics and small molecules, It offers interdisciplinary and comprehensive services, covering bioconjugate discovery, research, development and manufacturing. The company provides these services from proximately located, state-of-the-art laboratories and manufacturing facilities, leading to the significant reduction of development timeline and costs. As a fully integrated one-stop bioconjugate discovery, development and manufacturing platform, its mission is to continuously enhance its platform, and propel and transform the development of the bioconjugate industry.

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