YuanShengTai Dairy Farm (HKSE:01431) Effective Interest Rate on Debt % : 3.44% (As of Dec. 2023)

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What is YuanShengTai Dairy Farm 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. YuanShengTai Dairy Farm's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$50 Mil. YuanShengTai Dairy Farm's average total debt for the quarter that ended in Dec. 2023 was HK$1,438 Mil. Therefore, YuanShengTai Dairy Farm's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.44%.

YuanShengTai Dairy Farm Effective Interest Rate on Debt % Historical Data

The historical data trend for YuanShengTai Dairy Farm'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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YuanShengTai Dairy Farm Effective Interest Rate on Debt % Chart

YuanShengTai Dairy Farm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.44

2.06

1.64

2.81

YuanShengTai Dairy Farm 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															2.05	1.40	2.15	2.52	3.44

Competitive Comparison of YuanShengTai Dairy Farm's Effective Interest Rate on Debt %

For the Farm Products subindustry, YuanShengTai Dairy Farm'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.

YuanShengTai Dairy Farm's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, YuanShengTai Dairy Farm's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where YuanShengTai Dairy Farm's Effective Interest Rate on Debt % falls into.

YuanShengTai Dairy Farm Effective Interest Rate on Debt % Calculation

YuanShengTai Dairy Farm'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 * -38.814	/	( (1059.66	+	1699.993)	/ 2 )
=	-1 * -38.814	/	1379.8265
=	2.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	902.993	+	156.667
=	1059.66

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1126.655	+	573.338
=	1699.993

YuanShengTai Dairy Farm'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 * -49.502	/	( (1176.518	+	1699.993)	/ 2 )
=	-1 * -49.502	/	1438.2555
=	3.44 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1034.375	+	142.143
=	1176.518

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1126.655	+	573.338
=	1699.993

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.

YuanShengTai Dairy Farm (HKSE:01431) Effective Interest Rate on Debt % Explanation

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

YuanShengTai Dairy Farm Effective Interest Rate on Debt % Related Terms

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YuanShengTai Dairy Farm (HKSE:01431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YuanShengTai Dairy Farm Ltd (HKSE:01431) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qingxiang Street, Kedong County, Heilongjiang Province, Qiqihar, CHN

Website

http://www.ystdfarm.com

YuanShengTai Dairy Farm Ltd is a China-based dairy farming company. Along with its subsidiaries, it principally engages in the production and sale of milk in the People's Republic of China. Its dairy farms are in Heilongjiang and Jilin province, which includes Gannan Oumei Farm, Kedong Oumei Farm, Kedong YST Farm, Zhenlai Farm Phase I, Kedong Yongjin Farm, Baiquan Ruixincheng Farm, and Keshan Farm. The group generates revenue from its operations mainly in Mainland China.

Executives

Leng Youbin	2201 Interest of corporation controlled by you
China Feihe Limited	2101 Beneficial owner
Garland Glory Holdings Limited	2201 Interest of corporation controlled by you
Harneys Trustees Limited	2301 Trustee
Lyb International Holding Limited	2201 Interest of corporation controlled by you

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