Xiamen Xiangyu Co (SHSE:600057) Effective Interest Rate on Debt % : 3.96% (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Xiamen Xiangyu 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. Xiamen Xiangyu Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥1,308 Mil. Xiamen Xiangyu Co's average total debt for the quarter that ended in Mar. 2024 was ¥33,070 Mil. Therefore, Xiamen Xiangyu Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.96%.

Xiamen Xiangyu Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Xiamen Xiangyu 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.

Xiamen Xiangyu Co Effective Interest Rate on Debt % Chart

Xiamen Xiangyu 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

6.95

7.95

7.24

8.28

7.26

Xiamen Xiangyu Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															5.60	6.49	6.47	4.07	3.96

Competitive Comparison of Xiamen Xiangyu Co's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Xiamen Xiangyu 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.

Xiamen Xiangyu Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Xiamen Xiangyu Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Xiamen Xiangyu Co's Effective Interest Rate on Debt % falls into.

Xiamen Xiangyu Co Effective Interest Rate on Debt % Calculation

Xiamen Xiangyu 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 * -1742.175	/	( (20008.953	+	27971.194)	/ 2 )
=	-1 * -1742.175	/	23990.0735
=	7.26 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6456.668	+	13552.285
=	20008.953

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1938.15	+	26033.044
=	27971.194

Xiamen Xiangyu Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -1308.26	/	( (27971.194	+	38169.615)	/ 2 )
=	-1 * -1308.26	/	33070.4045
=	3.96 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1938.15	+	26033.044
=	27971.194

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2356.529	+	35813.086
=	38169.615

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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Xiamen Xiangyu Co (SHSE:600057) Effective Interest Rate on Debt % Explanation

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

Xiamen Xiangyu Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Xiamen Xiangyu Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Xiamen Xiangyu Co (SHSE:600057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Xiamen Xiangyu Co Ltd (SHSE:600057) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2F, Yinsheng Mansion, No.21 Xiangxing Forth Road, Free Trade Zone, Modern Logistic, Xiamen, Fujian, CHN, 361006

Website

http://www.xiangyu.cn

Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics.

Executives

Tong Xiao Qing	senior management
Liao Jie	senior management
Deng Qi Dong	Director
Cheng Yi Liang	senior management
Zhang Jun Tian	senior management
Qi Wei Dong	Directors, senior managers
Chen Dai Zhen	senior management
Fan Cheng Yang	senior management
Zhang Shui Li	Director
Chen Fang	Director
Xiao Jing Qin	senior management
Zhang Yue Duan	senior management
Gao Chen Xia	senior management
Lu Jiang	Supervisors
Ma Zhong Da	Supervisors

Xiamen Xiangyu Co (SHSE:600057) Headlines

No Headlines