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Chia Tai Enterprises International (HKSE:03839) Effective Interest Rate on Debt % : 2.55% (As of Dec. 2024)


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What is Chia Tai Enterprises International 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. Chia Tai Enterprises International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$14 Mil. Chia Tai Enterprises International's average total debt for the quarter that ended in Dec. 2024 was HK$537 Mil. Therefore, Chia Tai Enterprises International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 2.55%.


Chia Tai Enterprises International Effective Interest Rate on Debt % Historical Data

The historical data trend for Chia Tai Enterprises International'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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Chia Tai Enterprises International Effective Interest Rate on Debt % Chart

Chia Tai Enterprises International 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 - 2.06 2.17 3.07 3.00

Chia Tai Enterprises International Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.12 3.27 2.87 2.55 2.92

Competitive Comparison of Chia Tai Enterprises International's Effective Interest Rate on Debt %

For the Drug Manufacturers - Specialty & Generic subindustry, Chia Tai Enterprises International'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.


Chia Tai Enterprises International's Effective Interest Rate on Debt % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chia Tai Enterprises International's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chia Tai Enterprises International's Effective Interest Rate on Debt % falls into.


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Chia Tai Enterprises International Effective Interest Rate on Debt % Calculation

Chia Tai Enterprises International'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  *  -17.241/( (610.476+537.679)/ 2 )
=-1  *  -17.241/574.0775
=3.00 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=156.586 + 453.89
=610.476

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.325 + 445.354
=537.679

Chia Tai Enterprises International'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: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -13.712/( (536.216+537.679)/ 2 )
=-1  *  -13.712/536.9475
=2.55 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.098 + 413.118
=536.216

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.325 + 445.354
=537.679

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


Chia Tai Enterprises International  (HKSE:03839) Effective Interest Rate on Debt % Explanation

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


Chia Tai Enterprises International Effective Interest Rate on Debt % Related Terms

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Chia Tai Enterprises International Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, 21st Floor, Far East Finance Centre, Hong Kong, HKG
Chia Tai Enterprises International Ltd is engaged in the manufacture and sale of chlortetracycline (CTC) and animal health products. The company's operating segments include Biochemical operations and Industrial operations. It generates maximum revenue from the Biochemical operations segment, which is engaged in the manufacture and sale of chlortetracycline and animal health products. The Industrial segment is into the trading of machinery and the manufacture and sale of automotive parts through the group's joint ventures and associates. Its geographical segments are Mainland China, which generates key revenue, Asia Pacific (excluding mainland China), the Americas, Europe, and Others.

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