GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tianjin Tianbao Energy Co Ltd (HKSE:01671) » Definitions » Effective Interest Rate on Debt %

Tianjin Tianbao Energy Co (HKSE:01671) Effective Interest Rate on Debt % : 3.81% (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Tianjin Tianbao Energy 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. Tianjin Tianbao Energy Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$18.1 Mil. Tianjin Tianbao Energy Co's average total debt for the quarter that ended in Dec. 2024 was HK$474.3 Mil. Therefore, Tianjin Tianbao Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.81%.


Tianjin Tianbao Energy Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Tianjin Tianbao Energy 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.

* Premium members only.

Tianjin Tianbao Energy Co Effective Interest Rate on Debt % Chart

Tianjin Tianbao Energy Co 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 11.59 5.40 3.75 3.35 3.79

Tianjin Tianbao Energy Co Semi-Annual Data
Dec15 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 3.83 3.18 3.25 3.78 3.81

Competitive Comparison of Tianjin Tianbao Energy Co's Effective Interest Rate on Debt %

For the Utilities - Independent Power Producers subindustry, Tianjin Tianbao Energy 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.


Tianjin Tianbao Energy Co's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tianjin Tianbao Energy Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tianjin Tianbao Energy Co's Effective Interest Rate on Debt % falls into.


;
;

Tianjin Tianbao Energy Co Effective Interest Rate on Debt % Calculation

Tianjin Tianbao Energy Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -18.192/( (494.064+465.373)/ 2 )
=-1  *  -18.192/479.7185
=3.79 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=199.229 + 294.835
=494.064

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=231.973 + 233.4
=465.373

Tianjin Tianbao Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -18.07/( (483.271+465.373)/ 2 )
=-1  *  -18.07/474.322
=3.81 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=196.768 + 286.503
=483.271

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=231.973 + 233.4
=465.373

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Tianjin Tianbao Energy Co  (HKSE:01671) Effective Interest Rate on Debt % Explanation

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


Tianjin Tianbao Energy Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Tianjin Tianbao Energy Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianjin Tianbao Energy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Haibinba Road, Tianjin Port Free Trade Zone, Tianjin, CHN, 300461
Tianjin Tianbao Energy Co Ltd is a power operator in the Tianjin Port Free Trade Zone (Seaport and Lingang). The company is engaged in the cogeneration of steam, together with electricity, heating and cooling. The company's operations comprise i) power generation and supply; ii) electricity dispatch and sale; iii) development and operation of distributed photovoltaic power generation stations and iv) contractual energy management, energy conservation management services, vehicle charging sales, electric vehicle charging infrastructure operation, and wind power generation technology services. Its operating segments include Electricity dispatch and sale business, Power generation and supply business, Photovoltaic power generation and selling business, and Others.
Executives
Yuan Andy Yun Nan 2101 Beneficial owner
Tian Jin Bao Shui Qu Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Tian Bao Kong Gu You Xian Gong Si 2101 Beneficial owner

Tianjin Tianbao Energy Co Headlines

No Headlines