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Shentong Robot Education Group Company (HKSE:08206) Effective Interest Rate on Debt % : 2.40% (As of Sep. 2023)


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What is Shentong Robot Education Group Company 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. Shentong Robot Education Group Company's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$0.12 Mil. Shentong Robot Education Group Company's average total debt for the quarter that ended in Sep. 2023 was HK$4.83 Mil. Therefore, Shentong Robot Education Group Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 2.40%.


Shentong Robot Education Group Company Effective Interest Rate on Debt % Historical Data

The historical data trend for Shentong Robot Education Group Company'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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Shentong Robot Education Group Company Effective Interest Rate on Debt % Chart

Shentong Robot Education Group Company Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.41 1.88 1.59 1.26

Shentong Robot Education Group Company Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.23 0.17 3.46 0.80 2.40

Competitive Comparison of Shentong Robot Education Group Company's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Shentong Robot Education Group Company'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.


Shentong Robot Education Group Company's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Shentong Robot Education Group Company's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shentong Robot Education Group Company's Effective Interest Rate on Debt % falls into.



Shentong Robot Education Group Company Effective Interest Rate on Debt % Calculation

Shentong Robot Education Group Company's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.995/( (133.376+24.993)/ 2 )
=-1  *  -0.995/79.1845
=1.26 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.576 + 19.8
=133.376

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.863 + 22.13
=24.993

Shentong Robot Education Group Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.116/( (0+4.827)/ 1 )
=-1  *  -0.116/4.827
=2.40 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.308 + 2.519
=4.827

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


Shentong Robot Education Group Company  (HKSE:08206) Effective Interest Rate on Debt % Explanation

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


Shentong Robot Education Group Company Effective Interest Rate on Debt % Related Terms

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Shentong Robot Education Group Company (HKSE:08206) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 3006, 30th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Shentong Robot Education Group Company Ltd is engaged in the promotion of electronic smart card and provision of robotics courses. The company operates through two segments Promotion and management services and Robotics Education and others. The Promotion and management services segment includes the provision for an electronic smart card namely, Designated Shentong Card in the PRC. Its Robotics Education and other segment involves organising and hosting of China Robot Competition (CRC) and provision of CRC education course in Heilongjiang Province in the PRC.
Executives
China Communication Group Company Limited 2201 Interest of corporation controlled by you
China Communication Investment Limited 2101 Beneficial owner
Yang Shaohui 2101 Beneficial owner

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