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Genertec Universal Medical Group Co (HKSE:02666) Effective Interest Rate on Debt % : 0.11% (As of Dec. 2024)


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What is Genertec Universal Medical Group 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. Genertec Universal Medical Group Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$60 Mil. Genertec Universal Medical Group Co's average total debt for the quarter that ended in Dec. 2024 was HK$57,285 Mil. Therefore, Genertec Universal Medical Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.11%.


Genertec Universal Medical Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Genertec Universal Medical Group 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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Genertec Universal Medical Group Co Effective Interest Rate on Debt % Chart

Genertec Universal Medical Group 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 0.08 0.07 0.07 0.08 0.09

Genertec Universal Medical Group Co Semi-Annual Data
Jun15 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 0.09 0.06 0.08 0.09 0.11

Competitive Comparison of Genertec Universal Medical Group Co's Effective Interest Rate on Debt %

For the Credit Services subindustry, Genertec Universal Medical Group 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.


Genertec Universal Medical Group Co's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Genertec Universal Medical Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Genertec Universal Medical Group Co's Effective Interest Rate on Debt % falls into.


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Genertec Universal Medical Group Co Effective Interest Rate on Debt % Calculation

Genertec Universal Medical Group 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  *  -54.143/( (57077.083+60328.48)/ 2 )
=-1  *  -54.143/58702.7815
=0.09 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31289.158 + 25787.925
=57077.083

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35644.849 + 24683.631
=60328.48

Genertec Universal Medical Group 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  *  -60.482/( (54240.566+60328.48)/ 2 )
=-1  *  -60.482/57284.523
=0.11 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33675.195 + 20565.371
=54240.566

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=35644.849 + 24683.631
=60328.48

* 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.


Genertec Universal Medical Group Co  (HKSE:02666) Effective Interest Rate on Debt % Explanation

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


Genertec Universal Medical Group Co Effective Interest Rate on Debt % Related Terms

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Genertec Universal Medical Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 90, Side Road of West Third Ring Middle Road, 20th to 28th Floor, Fengtai District, Beijing, CHN
Genertec Universal Medical Group Co Ltd is principally engaged in providing financing to its customers under finance lease arrangements, the provision of advisory services, the sale of medical equipment as well as leases under operating lease arrangements, and the provision of other services. The group has two business segments namely The finance business comprises direct finance leasing, sale-and-leaseback, factoring, operating leases, and advisory services, and Healthcare business comprises includes integrated healthcare services as well as specialties and healthcare industry business. Geographically, it derives a majority of its revenue from Mainland China.
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