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Inspur Digital Enterprise Technology (HKSE:00596) Effective Interest Rate on Debt % : 15.03% (As of Dec. 2023)


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What is Inspur Digital Enterprise Technology 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. Inspur Digital Enterprise Technology's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$10 Mil. Inspur Digital Enterprise Technology's average total debt for the quarter that ended in Dec. 2023 was HK$67 Mil. Therefore, Inspur Digital Enterprise Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 15.03%.


Inspur Digital Enterprise Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Inspur Digital Enterprise Technology'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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Inspur Digital Enterprise Technology Effective Interest Rate on Debt % Chart

Inspur Digital Enterprise Technology 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 13.96 13.99 7.82 16.77 31.50

Inspur Digital Enterprise Technology 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 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 12.58 11.74 19.15 3.92 15.03

Competitive Comparison of Inspur Digital Enterprise Technology's Effective Interest Rate on Debt %

For the Software - Application subindustry, Inspur Digital Enterprise Technology'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.


Inspur Digital Enterprise Technology's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Inspur Digital Enterprise Technology's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Inspur Digital Enterprise Technology's Effective Interest Rate on Debt % falls into.



Inspur Digital Enterprise Technology Effective Interest Rate on Debt % Calculation

Inspur Digital Enterprise Technology'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  *  -6.367/( (20.248+20.182)/ 2 )
=-1  *  -6.367/20.215
=31.50 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.926 + 12.322
=20.248

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.286 + 13.896
=20.182

Inspur Digital Enterprise Technology'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  *  -10.098/( (114.163+20.182)/ 2 )
=-1  *  -10.098/67.1725
=15.03 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.051 + 107.112
=114.163

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.286 + 13.896
=20.182

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


Inspur Digital Enterprise Technology  (HKSE:00596) Effective Interest Rate on Debt % Explanation

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


Inspur Digital Enterprise Technology Effective Interest Rate on Debt % Related Terms

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Inspur Digital Enterprise Technology (HKSE:00596) Business Description

Traded in Other Exchanges
Address
1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG
Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.
Executives
Ji Nan Lang Chao Wu Xian Tong Xin You Xian Gong Si 2201 Interest of corporation controlled by you
Lang Chao Ruan Jian Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Lang Chao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Inspur Cheeloo Overseas Investment And Development Co., Limited 2201 Interest of corporation controlled by you
Inspur Overseas Investment Limited 2101 Beneficial owner
Inspur Cloud Computing Investment Limited 2101 Beneficial owner

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