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Global Bio-chem Technology Group Co (HKSE:00809) Effective Interest Rate on Debt % : 7.02% (As of Jun. 2024)


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What is Global Bio-chem Technology 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. Global Bio-chem Technology Group Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$248 Mil. Global Bio-chem Technology Group Co's average total debt for the quarter that ended in Jun. 2024 was HK$3,538 Mil. Therefore, Global Bio-chem Technology Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 7.02%.


Global Bio-chem Technology Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Bio-chem Technology 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.

Global Bio-chem Technology Group Co Effective Interest Rate on Debt % Chart

Global Bio-chem Technology 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 Premium Member Only Premium Member Only 6.85 8.22 9.08 8.26 11.95

Global Bio-chem Technology Group Co 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 8.97 7.63 8.47 13.28 7.02

Competitive Comparison of Global Bio-chem Technology Group Co's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Global Bio-chem Technology 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.


Global Bio-chem Technology Group Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Bio-chem Technology Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Global Bio-chem Technology Group Co's Effective Interest Rate on Debt % falls into.



Global Bio-chem Technology Group Co Effective Interest Rate on Debt % Calculation

Global Bio-chem Technology 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  *  -750.351/( (8153.248+4400.03)/ 2 )
=-1  *  -750.351/6276.639
=11.95 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.345 + 8152.903
=8153.248

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=811.832 + 3588.198
=4400.03

Global Bio-chem Technology Group Co'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  *  -248.462/( (4400.03+2675.041)/ 2 )
=-1  *  -248.462/3537.5355
=7.02 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=811.832 + 3588.198
=4400.03

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=854.892 + 1820.149
=2675.041

* 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.


Global Bio-chem Technology Group Co  (HKSE:00809) Effective Interest Rate on Debt % Explanation

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


Global Bio-chem Technology Group Co Effective Interest Rate on Debt % Related Terms

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Global Bio-chem Technology Group Co Business Description

Traded in Other Exchanges
Address
18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG
Global Bio-chem Technology Group Co Ltd manufactures and sells corn-refined products and corn-based biochemical products. Its segments are the Upstream Products segment engages in the manufacture and sale of corn starch, gluten meal, corn oil, and other corn refined products; the Amino Acids segment engages in the manufacture and sale of corn-based biochemical products, including lysine and threonine; the Corn Sweeteners segment engages in the manufacture and sale of corn-based sweetener products, including glucose, maltose, high fructose corn syrup, crystallized glucose, and maltodextrin; the Polyol Chemicals segment engages in the manufacture and sale of corn-based biochemical products, including polyol chemicals, anti-freeze products, hydrogen, and ammonia.
Executives
Ji Lin Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Ji Lin Sheng Yuan Heng Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Ji Lin Sheng Li Heng Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Ji Lin Zhang Bai Shan Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Sheng Nong Ye Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Rationale (holdings) Investment Limited 2101 Beneficial owner
Zhong Min Xin Neng Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Rui Xuan Tou Zi Shang Hai You Xian Gong Si 2201 Interest of corporation controlled by you
Bank Of Jilin Co., Ltd. 2106 Person having a security interest in shares
Sun Zhen 2201 Interest of corporation controlled by you
Modern Agricultural Industry Investment Holdings Limited 2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Tou Zi Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Li Zhenghao 2201 Interest of corporation controlled by you

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