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Fidelity China Special Situations (LSE:FCSS) Effective Interest Rate on Debt % : 33.69% (As of Sep. 2023)


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What is Fidelity China Special Situations 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. Fidelity China Special Situations's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was £27.41 Mil. Fidelity China Special Situations's average total debt for the quarter that ended in Sep. 2023 was £81.36 Mil. Therefore, Fidelity China Special Situations's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 33.69%.


Fidelity China Special Situations Effective Interest Rate on Debt % Historical Data

The historical data trend for Fidelity China Special Situations'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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Fidelity China Special Situations Effective Interest Rate on Debt % Chart

Fidelity China Special Situations 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 10.27 13.29 10.88 6.66 19.85

Fidelity China Special Situations Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 6.96 6.37 11.43 25.14 33.69

Competitive Comparison of Fidelity China Special Situations's Effective Interest Rate on Debt %

For the Asset Management subindustry, Fidelity China Special Situations'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.


Fidelity China Special Situations's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fidelity China Special Situations's Effective Interest Rate on Debt % falls into.



Fidelity China Special Situations Effective Interest Rate on Debt % Calculation

Fidelity China Special Situations'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  *  -15.571/( (76.043+80.857)/ 2 )
=-1  *  -15.571/78.45
=19.85 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.043 + 0
=76.043

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=80.857 + 0
=80.857

Fidelity China Special Situations'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: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -27.41/( (80.857+81.87)/ 2 )
=-1  *  -27.41/81.3635
=33.69 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=80.857 + 0
=80.857

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


Fidelity China Special Situations  (LSE:FCSS) Effective Interest Rate on Debt % Explanation

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


Fidelity China Special Situations Effective Interest Rate on Debt % Related Terms

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Fidelity China Special Situations (LSE:FCSS) Business Description

Traded in Other Exchanges
Address
Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity China Special Situations PLC is an investment company. Its investment objective is to achieve long-term capital growth from an actively managed portfolio. The company focuses on investing in securities issued by companies listed in China or Hong Kong and any other Chinese companies listed elsewhere as well as the companies which have interests in China and Hong Kong. Its portfolio consists of various financial instruments such as equities, index-linked, equity-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity-related securities, forward transactions, and derivative instruments. The company may use gearing such as Contracts for Difference to meet its determined investment goals.

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