BBMG (HKSE:02009) Effective Interest Rate on Debt % : 3.48% (As of Jun. 2024)

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What is BBMG 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. BBMG's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$3,640 Mil. BBMG's average total debt for the quarter that ended in Jun. 2024 was HK$104,684 Mil. Therefore, BBMG's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 3.48%.

BBMG Effective Interest Rate on Debt % Historical Data

The historical data trend for BBMG'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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BBMG Effective Interest Rate on Debt % Chart

BBMG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.15

2.66

2.19

2.33

2.15

BBMG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.99	-0.10	3.05	3.48	4.31

Competitive Comparison of BBMG's Effective Interest Rate on Debt %

For the Building Materials subindustry, BBMG'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.

BBMG's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, BBMG's Effective Interest Rate on Debt % distribution charts can be found below:

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

BBMG Effective Interest Rate on Debt % Calculation

BBMG'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 * -2631.204	/	( (123223.617	+	121405.162)	/ 2 )
=	-1 * -2631.204	/	122314.3895
=	2.15 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	66570.32	+	56653.297
=	123223.617

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	53969.39	+	67435.772
=	121405.162

BBMG'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: Mar. 2024 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -3640.384	/	( (110241.676	+	99126.837)	/ 2 )
=	-1 * -3640.384	/	104684.2565
=	3.48 %

where

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	69377.145	+	40864.531
=	110241.676

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	64949.245	+	34177.592
=	99126.837

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 four times the quarterly (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

BBMG (HKSE:02009) Effective Interest Rate on Debt % Explanation

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

BBMG Effective Interest Rate on Debt % Related Terms

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BBMG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » BBMG Corp (HKSE:02009) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

601992:China

Address

No. 36, North Third Ring Road East, 22nd Floor, Tower D, Global Trade Center, Dongcheng District, Beijing, CHN, 100013

Website

http://www.bbmg.com.cn

BBMG Corp is a manufacturer of building materials. The company's principal businesses cover two major business segments, namely modern green building materials segment and property development and operation segment, and its main products involve various offerings, including cement, ready-mixed concrete, furniture and woods, decorative and fitting materials, wall body and insulation materials, refractory materials, affordable housing, commodity housing and investment properties, with diversified customer composition.

Executives

Ouyang Jieliang

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