China Water Affairs Group (HKSE:00855) Effective Interest Rate on Debt % : 3.18% (As of Sep. 2023)

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What is China Water Affairs Group 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. China Water Affairs Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$753 Mil. China Water Affairs Group's average total debt for the quarter that ended in Sep. 2023 was HK$23,650 Mil. Therefore, China Water Affairs Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 3.18%.

China Water Affairs Group Effective Interest Rate on Debt % Historical Data

The historical data trend for China Water Affairs Group'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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China Water Affairs Group Effective Interest Rate on Debt % Chart

China Water Affairs Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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2.47

2.63

2.03

2.28

2.74

China Water Affairs Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.06	2.52	2.41	3.11	3.18

Competitive Comparison of China Water Affairs Group's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, China Water Affairs Group'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.

China Water Affairs Group's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Affairs Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Water Affairs Group's Effective Interest Rate on Debt % falls into.

China Water Affairs Group Effective Interest Rate on Debt % Calculation

China Water Affairs Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -633.225	/	( (22238.411	+	24008.931)	/ 2 )
=	-1 * -633.225	/	23123.671
=	2.74 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14509.511	+	7728.9
=	22238.411

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15950.413	+	8058.518
=	24008.931

China Water Affairs Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -753.14	/	( (24008.931	+	23290.759)	/ 2 )
=	-1 * -753.14	/	23649.845
=	3.18 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15950.413	+	8058.518
=	24008.931

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16420.292	+	6870.467
=	23290.759

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

China Water Affairs Group (HKSE:00855) Effective Interest Rate on Debt % Explanation

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

China Water Affairs Group Effective Interest Rate on Debt % Related Terms

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China Water Affairs Group (HKSE:00855) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Water Affairs Group Ltd (HKSE:00855) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

CWAFF:USA CUBB:Germany

Address

18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinawatergroup.com

China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Property development and investment, Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a major share of its revenue from the People's Republic of China.

Executives

Orix Corporation	2201 Interest of corporation controlled by you
Duan Chuan Liang	2101 Beneficial owner

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