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Bank of Gansu Co (HKSE:02139) Effective Interest Rate on Debt % : 27.52% (As of Dec. 2024)


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What is Bank of Gansu 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. Bank of Gansu Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$8,847 Mil. Bank of Gansu Co's average total debt for the quarter that ended in Dec. 2024 was HK$32,150 Mil. Therefore, Bank of Gansu Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 27.52%.

Bank of Gansu Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Bank of Gansu 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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Bank of Gansu Co Effective Interest Rate on Debt % Chart

Bank of Gansu 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 29.41 33.49 30.00 34.47 32.98

Bank of Gansu Co Semi-Annual Data
Dec14 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 27.77 34.24 37.98 30.54 27.52

Competitive Comparison of Bank of Gansu Co's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Bank of Gansu 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.

Bank of Gansu Co's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Gansu Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bank of Gansu Co's Effective Interest Rate on Debt % falls into.


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Bank of Gansu Co Effective Interest Rate on Debt % Calculation

Bank of Gansu 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  *  -8906.314/( (24455.666+29550.993)/ 2 )
=-1  *  -8906.314/27003.3295
=32.98 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24455.666 + 0
=24455.666

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29550.993 + 0
=29550.993

Bank of Gansu 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  *  -8846.576/( (34748.369+29550.993)/ 2 )
=-1  *  -8846.576/32149.681
=27.52 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34748.369 + 0
=34748.369

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29550.993 + 0
=29550.993

* 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.

Bank of Gansu Co  (HKSE:02139) Effective Interest Rate on Debt % Explanation

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

Bank of Gansu Co Effective Interest Rate on Debt % Related Terms

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Bank of Gansu Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Gansu Co Ltd (HKSE:02139) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:06138 HKSE:01916 HKSE:00626 HKSE:01983 HKSE:02558 HKSE:02066 HKSE:00440 HKSE:06190 HKSE:02596 HKSE:02356 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 MIL:UCG SGX:D05 XPAR:BNP MIL:ISP NSE:SBIN ISX:BBCA
Traded in Other Exchanges
N/A
Address
525-1 Donggang West Road, Chengguan District, Gansu Province, Lanzhou City, CHN, 730000
Website
https://www.gsbankchina.com
Bank of Gansu Co Ltd is a commercial bank based in China. The company operates through three segments, which are Corporate banking, Retail banking, and Financial market operations. The highest revenue is generated from the Retail banking segment, which provides a range of financial products and services to retail customers. These products and services include personal loans and deposit-taking activities, bank card business, personal wealth management services, and remittance services.
Executives
Zhong Guo Dui Wai Jing Ji Mao Yi Xin Tuo You Xian Gong Si
Pacific Securities Overseas Gong Ying No. 3 Single Asset Management Plan 2501 Other
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si 2101 Beneficial owner
The Pacific Securities Co., Ltd 2501 Other
Gan Su Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Gao Zhanguang 2202 Interest of your spouse
H.k. Ruijia Trading Company Limited 2101 Beneficial owner
Qian Ruihong 2201 Interest of corporation controlled by you
Clever Gain Management Limited 2106 Person having a security interest in shares
Shinning Ocean Ventures Limited 2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited 2201 Interest of corporation controlled by you
China Create Capital Limited 2101 Beneficial owner
Harvest Ahead International Holdings Limited 2101 Beneficial owner
Hua Rong Rong De Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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