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China Kingstone Mining Holdings (HKSE:01380) Effective Interest Rate on Debt % : 5.05% (As of Jun. 2024)


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What is China Kingstone Mining 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. China Kingstone Mining Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$0.67 Mil. China Kingstone Mining Holdings's average total debt for the quarter that ended in Jun. 2024 was HK$13.22 Mil. Therefore, China Kingstone Mining Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 5.05%.


China Kingstone Mining Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for China Kingstone Mining 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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China Kingstone Mining Holdings Effective Interest Rate on Debt % Chart

China Kingstone Mining Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.20 13.50 13.90 8.57 10.64

China Kingstone Mining Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 11.12 10.47 6.95 5.05 23.92

Competitive Comparison of China Kingstone Mining Holdings's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, China Kingstone Mining 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.


China Kingstone Mining Holdings's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Kingstone Mining Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Kingstone Mining Holdings's Effective Interest Rate on Debt % falls into.


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China Kingstone Mining Holdings Effective Interest Rate on Debt % Calculation

China Kingstone Mining 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  *  -1.676/( (21.358+17.755)/ 2 )
=-1  *  -1.676/19.5565
=8.57 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.496 + 19.862
=21.358

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.455 + 17.3
=17.755

China Kingstone Mining Holdings'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  *  -0.668/( (17.755+8.687)/ 2 )
=-1  *  -0.668/13.221
=5.05 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.455 + 17.3
=17.755

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.45 + 8.237
=8.687

* 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.


China Kingstone Mining Holdings  (HKSE:01380) Effective Interest Rate on Debt % Explanation

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


China Kingstone Mining Holdings Effective Interest Rate on Debt % Related Terms

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China Kingstone Mining Holdings Business Description

Traded in Other Exchanges
N/A
Address
Zhangjiaba Mine, Zhenjiang Village, Xiangshui County, Sichuan Province, Jiangyou, CHN, 510623
China Kingstone Mining Holdings Ltd is involved in the industrial metals and mining business sector. Along with its subsidiaries, the company is engaged in the production and sale of marble and marble related products and is also involved in preparing and delivering food for distribution to consumers under virtual brands in the United Kingdom of Great Britain and Northern Ireland. In terms of revenue, the marble slag product generates the maximum revenue for the company followed by the sale of food. Geographically, the firm derives a majority of its revenue from the People's Republic of China.
Executives
Advance Opportunities Fund I 2102 Investment manager
Zhang Hao 2101 Beneficial owner
Kwok Sin Ting 2101 Beneficial owner
Zheng Yonghui 2101 Beneficial owner
Oasis Tycoon Investments Limited 2101 Beneficial owner

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