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Titan Invo Technology (HKSE:00872) Effective Interest Rate on Debt % : 13.81% (As of Dec. 2021)


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What is Titan Invo 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. Titan Invo Technology's annualized positive value of Interest Expense for the quarter that ended in Dec. 2021 was HK$125.5 Mil. Titan Invo Technology's average total debt for the quarter that ended in Dec. 2021 was HK$908.2 Mil. Therefore, Titan Invo Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 was 13.81%.


Titan Invo Technology Effective Interest Rate on Debt % Historical Data

The historical data trend for Titan Invo 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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Titan Invo Technology Effective Interest Rate on Debt % Chart

Titan Invo Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.05 11.49 9.34 7.23 10.40

Titan Invo Technology Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 7.16 5.94 7.73 6.57 13.81

Competitive Comparison of Titan Invo Technology's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Titan Invo 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.


Titan Invo Technology's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Titan Invo Technology's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Titan Invo Technology's Effective Interest Rate on Debt % falls into.



Titan Invo Technology Effective Interest Rate on Debt % Calculation

Titan Invo Technology's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -95.299/( (1000.047+832.403)/ 2 )
=-1  *  -95.299/916.225
=10.40 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=111.302 + 888.745
=1000.047

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=117.028 + 715.375
=832.403

Titan Invo Technology's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Dec. 2021 ))/ count )
=-1  *  -125.45/( (983.944+832.403)/ 2 )
=-1  *  -125.45/908.1735
=13.81 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=116.438 + 867.506
=983.944

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=117.028 + 715.375
=832.403

* 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. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Titan Invo Technology  (HKSE:00872) Effective Interest Rate on Debt % Explanation

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


Titan Invo Technology Effective Interest Rate on Debt % Related Terms

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Titan Invo Technology (HKSE:00872) Business Description

Traded in Other Exchanges
N/A
Address
1 Zhongguancun East Road, 19th Floor, Block B, Science and Technology Building, Tsinghua Science and Technology Park, Haidian District, Beijing, CHN
Titan Invo Technology Ltd formerly TUS International Ltd is principally engaged in research and development, production and sales of automotive driving assistance system (ADAS) and automotive-grade wireless connectivity modules. Its operating segments are Automotive-grade wireless connectivity business which involves the research and development and sales of automotive-grade wireless connectivity modules in Europe, the United States and the Asia Pacific region, and the ADAS products segment which consists of the research and development, production and sales of ADAS products and software algorithm products in the PRC. The company operates in the PRC, Europe, the United States, and Asia pacific.
Executives
Si Chuan Sheng Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Ma Chi Kong Karl 2101 Beneficial owner
Wang Jiwu 2201 Interest of corporation controlled by you
Qing Hua Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Qing Hua Da Xue 2201 Interest of corporation controlled by you
Bei Jing Bai Jun Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Tus-holdings Co., Ltd.
Tuspark Venture Investment Ltd
Wang Jiwu
Shen Xiao
Yi Zhuang Guo Ji Kong Gu Xiang Gang You Xian Gong Si
Bei Jing Yi Zhuang Guo Ji Tou Zi Fa Zhan You Xian Gong Si

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