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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Effective Interest Rate on Debt % : 7.57% (As of Dec. 2023)


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What is Beijing Beida Jade Bird Universal Sci-Tech 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. Beijing Beida Jade Bird Universal Sci-Tech Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$73.3 Mil. Beijing Beida Jade Bird Universal Sci-Tech Co's average total debt for the quarter that ended in Dec. 2023 was HK$968.6 Mil. Therefore, Beijing Beida Jade Bird Universal Sci-Tech Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.57%.


Beijing Beida Jade Bird Universal Sci-Tech Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Beijing Beida Jade Bird Universal Sci-Tech 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.

Beijing Beida Jade Bird Universal Sci-Tech Co Effective Interest Rate on Debt % Chart

Beijing Beida Jade Bird Universal Sci-Tech Co 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 2.66 4.72 4.14 4.14 5.71

Beijing Beida Jade Bird Universal Sci-Tech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.41 4.96 5.21 4.97 7.57

Competitive Comparison of Beijing Beida Jade Bird Universal Sci-Tech Co's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Beijing Beida Jade Bird Universal Sci-Tech 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.


Beijing Beida Jade Bird Universal Sci-Tech Co's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Beijing Beida Jade Bird Universal Sci-Tech Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Beijing Beida Jade Bird Universal Sci-Tech Co's Effective Interest Rate on Debt % falls into.



Beijing Beida Jade Bird Universal Sci-Tech Co Effective Interest Rate on Debt % Calculation

Beijing Beida Jade Bird Universal Sci-Tech 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  *  -60.181/( (1139.328+968.624)/ 2 )
=-1  *  -60.181/1053.976
=5.71 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=282.951 + 856.377
=1139.328

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=212.99 + 755.634
=968.624

Beijing Beida Jade Bird Universal Sci-Tech Co'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  *  -73.288/( (0+968.624)/ 1 )
=-1  *  -73.288/968.624
=7.57 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=212.99 + 755.634
=968.624

* 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.


Beijing Beida Jade Bird Universal Sci-Tech Co  (HKSE:08095) Effective Interest Rate on Debt % Explanation

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


Beijing Beida Jade Bird Universal Sci-Tech Co Effective Interest Rate on Debt % Related Terms

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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Business Description

Traded in Other Exchanges
Address
No. 207 Chengfu Road, 3rd Floor, Beida Jade Bird Building, Haidian District, Beijing, CHN, 100871
Beijing Beida Jade Bird Universal Sci-Tech Co Ltd is an investment holding company. Along with subsidiaries, the firm operates in business segments including, Tourism development, Investment holding, Trading of metallic products, Sales & production of LED devices, and All other segments. The tourism segment develops travel & leisure businesses. The trading of metallic products segment includes sales & purchases of metallic products. The investment holding segment invests in funds, debt, & equity investments. Sales & production of LED devices include the development of ceramic end-high of sale & devices and LED power-high modules All other segment is engaged in sales of wine & related products. The company generates the majority of its revenue from the Trading of metallic products segment.
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