Tian Lun Gas Holdings (FRA:TLJ) Effective Interest Rate on Debt % : 5.54% (As of Dec. 2023)

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What is Tian Lun Gas 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. Tian Lun Gas Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €51.0 Mil. Tian Lun Gas Holdings's average total debt for the quarter that ended in Dec. 2023 was €920.7 Mil. Therefore, Tian Lun Gas Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.54%.

Tian Lun Gas Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Tian Lun Gas 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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Tian Lun Gas Holdings Effective Interest Rate on Debt % Chart

Tian Lun Gas Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.44

4.71

4.19

4.75

5.43

Tian Lun Gas Holdings 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															4.02	4.17	5.01	5.12	5.54

Competitive Comparison of Tian Lun Gas Holdings's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Tian Lun Gas 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.

Tian Lun Gas Holdings's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tian Lun Gas Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tian Lun Gas Holdings's Effective Interest Rate on Debt % falls into.

Tian Lun Gas Holdings Effective Interest Rate on Debt % Calculation

Tian Lun Gas 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 * -50.246	/	( (976.472	+	874.71)	/ 2 )
=	-1 * -50.246	/	925.591
=	5.43 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	581.517	+	394.955
=	976.472

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	400.731	+	473.979
=	874.71

Tian Lun Gas Holdings'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 * -50.97	/	( (966.65	+	874.71)	/ 2 )
=	-1 * -50.97	/	920.68
=	5.54 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	559.86	+	406.79
=	966.65

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	400.731	+	473.979
=	874.71

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.

Tian Lun Gas Holdings (FRA:TLJ) Effective Interest Rate on Debt % Explanation

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

Tian Lun Gas Holdings Effective Interest Rate on Debt % Related Terms

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Tian Lun Gas Holdings (FRA:TLJ) Business Description

Industry

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01600:Hong Kong

Address

No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003

Website

https://www.tianlungas.com

Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

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