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BII Railway Transportation Technology Holdings Co (HKSE:01522) Effective Interest Rate on Debt % : 2.51% (As of Dec. 2023)


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What is BII Railway Transportation Technology Holdings 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. BII Railway Transportation Technology Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$10 Mil. BII Railway Transportation Technology Holdings Co's average total debt for the quarter that ended in Dec. 2023 was HK$412 Mil. Therefore, BII Railway Transportation Technology Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.51%.


BII Railway Transportation Technology Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for BII Railway Transportation Technology Holdings 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.

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BII Railway Transportation Technology Holdings Co Effective Interest Rate on Debt % Chart

BII Railway Transportation Technology Holdings Co Annual Data
Trend Jun14 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 5.96 4.96 5.40 2.17 2.63

BII Railway Transportation Technology Holdings Co Semi-Annual Data
Dec13 Jun14 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 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 5.29 2.64 1.85 2.41 2.51

Competitive Comparison of BII Railway Transportation Technology Holdings Co's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, BII Railway Transportation Technology Holdings 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.


BII Railway Transportation Technology Holdings Co's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, BII Railway Transportation Technology Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where BII Railway Transportation Technology Holdings Co's Effective Interest Rate on Debt % falls into.



BII Railway Transportation Technology Holdings Co Effective Interest Rate on Debt % Calculation

BII Railway Transportation Technology Holdings 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  *  -10.456/( (423.788+370.33)/ 2 )
=-1  *  -10.456/397.059
=2.63 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=322.218 + 101.57
=423.788

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.835 + 345.495
=370.33

BII Railway Transportation Technology Holdings Co'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  *  -10.326/( (453.658+370.33)/ 2 )
=-1  *  -10.326/411.994
=2.51 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=318.348 + 135.31
=453.658

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24.835 + 345.495
=370.33

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


BII Railway Transportation Technology Holdings Co  (HKSE:01522) Effective Interest Rate on Debt % Explanation

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


BII Railway Transportation Technology Holdings Co Effective Interest Rate on Debt % Related Terms

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BII Railway Transportation Technology Holdings Co (HKSE:01522) Business Description

Traded in Other Exchanges
Address
No.4 Huixin East Street, Floor 15th, Tower 2, Fusheng Building, Chaoyang District, Beijing, CHN
BII Railway Transportation Technology Holdings Co Ltd is engaged in designing, implementing, selling, and maintenance, of application solutions for the networking and controlling systems of public transport. Its segments include Intelligent railway transportation, Infrastructure information, and Business development investment. The key part of the revenue is from the Intelligent railway transportation segment that provides design, production, implementation and sale, and maintenance of application solution services, which include related software, hardware, and spare parts in railway transportation areas. The group's revenue is from customers in the People's Republic of China.
Executives
Cao Mingda 2307 Founder of a discretionary trust who can infl
Trident Trust Company (cayman) Limited 2301 Trustee
Toplight Management Limited 2201 Interest of corporation controlled by you
Pang Ziqian 2202 Interest of your spouse
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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