GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lygend Resources & Technology Co Ltd (HKSE:02245) » Definitions » Effective Interest Rate on Debt %

Lygend Resources & Technology Co (HKSE:02245) Effective Interest Rate on Debt % : 4.07% (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Lygend Resources & Technology 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. Lygend Resources & Technology Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$568 Mil. Lygend Resources & Technology Co's average total debt for the quarter that ended in Jun. 2024 was HK$13,972 Mil. Therefore, Lygend Resources & Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.07%.


Lygend Resources & Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Lygend Resources & Technology 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.

Lygend Resources & Technology Co Effective Interest Rate on Debt % Chart

Lygend Resources & Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
4.44 3.46 2.75 4.42 5.96

Lygend Resources & Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 3.77 4.43 5.13 5.21 4.07

Competitive Comparison of Lygend Resources & Technology Co's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Lygend Resources & Technology 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.


Lygend Resources & Technology Co's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lygend Resources & Technology Co's Effective Interest Rate on Debt % falls into.



Lygend Resources & Technology Co Effective Interest Rate on Debt % Calculation

Lygend Resources & Technology 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  *  -585.011/( (7025.704+12613.764)/ 2 )
=-1  *  -585.011/9819.734
=5.96 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4390.794 + 2634.91
=7025.704

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7461.392 + 5152.372
=12613.764

Lygend Resources & Technology Co'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: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -568.13/( (12613.764+15330.86)/ 2 )
=-1  *  -568.13/13972.312
=4.07 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7461.392 + 5152.372
=12613.764

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7400.543 + 7930.317
=15330.86

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


Lygend Resources & Technology Co  (HKSE:02245) Effective Interest Rate on Debt % Explanation

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


Lygend Resources & Technology Co Effective Interest Rate on Debt % Related Terms

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


Lygend Resources & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000
Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries.
Executives
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Oakswood Group Ltd 2201 Interest of corporation controlled by you
Lim Shu Hua, Cheryl 2307 Founder of a discretionary trust who can infl
Feng Yi Pte. Ltd. 2101 Beneficial owner
Dbs Trustee Limited 2301 Trustee
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Ge Lin Mei Gu Fen You Xian Gong Si
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si Dai Gong Yin Rui Xin Tai Hong Hao Dan Yi Zi Chan Gu
Guang Dong Bang Pu Xun Huan Ke Ji You Xian Gong Si
Ning Bo Bang Pu Shi Dai Xin Neng Yuan You Xian Gong Si
Hu Bei Rong Bai Dian Chi San Jiao Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Ge Lin Mei Xiang Gang Guo Ji Wu Liu You Xian Gong Si
Guang Fa Zi Guan Rong Bai Dian Chi Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee
Ning Bo Rong Bai Xin Neng Yuan Ke Ji Gu Fen You Xian Gong Si
Ning Bo Shi Yin Zhou Qu Jin Rong Kong Gu You Xian Gong Si

Lygend Resources & Technology Co Headlines

No Headlines