Henan Jinma Energy Co (HKSE:06885) Effective Interest Rate on Debt % : 3.88% (As of Dec. 2024)

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What is Henan Jinma Energy 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. Henan Jinma Energy Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$160 Mil. Henan Jinma Energy Co's average total debt for the quarter that ended in Dec. 2024 was HK$4,136 Mil. Therefore, Henan Jinma Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.88%.

Henan Jinma Energy Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Henan Jinma Energy 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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Henan Jinma Energy Co Effective Interest Rate on Debt % Chart

Henan Jinma Energy 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

6.10

3.46

3.61

3.36

3.60

Henan Jinma Energy Co Semi-Annual Data
	Dec14	Dec15	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														3.74	3.31	3.31	3.36	3.88

Competitive Comparison of Henan Jinma Energy Co's Effective Interest Rate on Debt %

For the Coking Coal subindustry, Henan Jinma Energy 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.

Henan Jinma Energy Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Jinma Energy Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Henan Jinma Energy Co's Effective Interest Rate on Debt % falls into.

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Henan Jinma Energy Co Effective Interest Rate on Debt % Calculation

Henan Jinma Energy 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 * -153.705	/	( (4544.28	+	3999.987)	/ 2 )
=	-1 * -153.705	/	4272.1335
=	3.60 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1770.435	+	2773.845
=	4544.28

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	982.038	+	3017.949
=	3999.987

Henan Jinma Energy 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 * -160.48	/	( (4271.029	+	3999.987)	/ 2 )
=	-1 * -160.48	/	4135.508
=	3.88 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1417.989	+	2853.04
=	4271.029

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	982.038	+	3017.949
=	3999.987

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.

Henan Jinma Energy Co (HKSE:06885) Effective Interest Rate on Debt % Explanation

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

Henan Jinma Energy Co Effective Interest Rate on Debt % Related Terms

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Henan Jinma Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Henan Jinma Energy Co Ltd (HKSE:06885) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

West First Ring Road South, Henan Province, Jiyuan, CHN, 459000

Website

https://www.hnjmny.com

Henan Jinma Energy Co Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province. It operates through the following business segments: Coke Segment is mainly engaged in the manufacture of Coke. The Refined Chemicals Segment is mainly engaged in the manufacture of benzene-based chemicals and coal-tar-based chemicals. The Energy Products Segment is mainly engaged in the manufacture of coal gas. The Trading Segment is mainly engaged in the trading of coal and coal mining equipment. It generates maximum revenue from the Coke segment. Geographically, it derives revenue from the PRC.

Executives

Wei Fang Zhen Xing Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Yiu Chiu Fai	2101 Beneficial owner
Hai Nan Heng Kun Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Li Zheng Chao	2201 Interest of corporation controlled by you
Jin Xing Hua Gong Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Jin Ma Jiao Hua Ying Shu Wei Jing Qun Dao You Xian Gong Si	2201 Interest of corporation controlled by you
Xu Hua Ping	2201 Interest of corporation controlled by you
Shan Dong Wei Jiao Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shan Dong Heng Kun Mei Jiao You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Wei Gang Xin Neng Yuan You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Liang Yu	2201 Interest of corporation controlled by you
Lam Yuk Wai	2202 Interest of your spouse
Ji Yuan Shi Jin Ma Xing Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Wang Li Jie	2201 Interest of corporation controlled by you
Zheng Jing	2202 Interest of your spouse

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