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China Railway Signalmmunication (HKSE:03969) Effective Interest Rate on Debt % : -12.63% (As of Dec. 2023)


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What is China Railway Signalmmunication 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. China Railway Signalmmunication's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$-967 Mil. China Railway Signalmmunication's average total debt for the quarter that ended in Dec. 2023 was HK$7,661 Mil. Therefore, China Railway Signalmmunication's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -12.63%.


China Railway Signalmmunication Effective Interest Rate on Debt % Historical Data

The historical data trend for China Railway Signalmmunication'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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China Railway Signalmmunication Effective Interest Rate on Debt % Chart

China Railway Signalmmunication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 1.04 1.80 1.63 1.05

China Railway Signalmmunication Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 -10.89 - 13.82 -12.63 0.07

Competitive Comparison of China Railway Signalmmunication's Effective Interest Rate on Debt %

For the Railroads subindustry, China Railway Signalmmunication'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.


China Railway Signalmmunication's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Railway Signalmmunication's Effective Interest Rate on Debt % distribution charts can be found below:

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



China Railway Signalmmunication Effective Interest Rate on Debt % Calculation

China Railway Signalmmunication'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  *  -83.89/( (7968.066+8007.709)/ 2 )
=-1  *  -83.89/7987.8875
=1.05 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3806.724 + 4161.342
=7968.066

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3340.843 + 4666.866
=8007.709

China Railway Signalmmunication's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  967.272/( (7315.27+8007.709)/ 2 )
=-1  *  967.272/7661.4895
=-12.63 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3389.728 + 3925.542
=7315.27

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3340.843 + 4666.866
=8007.709

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


China Railway Signalmmunication  (HKSE:03969) Effective Interest Rate on Debt % Explanation

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


China Railway Signalmmunication Effective Interest Rate on Debt % Related Terms

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China Railway Signalmmunication (HKSE:03969) Business Description

Traded in Other Exchanges
Address
Automobile Museum South Road, CRSC Building, 1 Compound, Fengtai District, 20th Floor, Beijing, CHN, 100070
China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the rail transportation control system segment which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems, General project contracting segment engages in the provision of services relating to municipal and other construction projects, other segments mainly engage in trading. The firm generates a majority of its revenue from the rail transportation control system segment.

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