Anhui Heli Co (SHSE:600761) Effective Interest Rate on Debt % : 1.37% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Anhui Heli 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. Anhui Heli Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥60 Mil. Anhui Heli Co's average total debt for the quarter that ended in Mar. 2024 was ¥4,356 Mil. Therefore, Anhui Heli Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.37%.

Anhui Heli Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Anhui Heli 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.

Anhui Heli Co Effective Interest Rate on Debt % Chart

Anhui Heli 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

3.97

3.35

2.98

1.72

1.75

Anhui Heli 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															1.52	1.65	1.68	2.14	1.37

Competitive Comparison of Anhui Heli Co's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Anhui Heli 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.

Anhui Heli Co's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Anhui Heli Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Anhui Heli Co Effective Interest Rate on Debt % Calculation

Anhui Heli 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 * -75.592	/	( (4169.603	+	4493.529)	/ 2 )
=	-1 * -75.592	/	4331.566
=	1.75 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3297.731	+	871.872
=	4169.603

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3373.184	+	1120.345
=	4493.529

Anhui Heli 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 * -59.704	/	( (4493.529	+	4219.163)	/ 2 )
=	-1 * -59.704	/	4356.346
=	1.37 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3373.184	+	1120.345
=	4493.529

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3158.073	+	1061.09
=	4219.163

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.

Anhui Heli Co (SHSE:600761) Effective Interest Rate on Debt % Explanation

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

Anhui Heli Co Effective Interest Rate on Debt % Related Terms

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

Anhui Heli Co (SHSE:600761) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Anhui Heli Co Ltd (SHSE:600761) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 668 Fangxing Avenue, Economic and Technological Development Zone, Anhui Province, Hefei, CHN, 230601

Website

http://www.helichina.com

Anhui Heli Co Ltd is a Chinese company engaged in the production and sale of forklift trucks, wheel loaders, engineering and mining machinery, foundry parts, and heat treatment products in China. The products of the company are Heli, HELI brand series forklifts. The company sells its products in China and other international countries.

Executives

Zhou Jun	senior management
Ma Qing Feng	Director
Xu Lin	Director
Yang An Guo	Director
Zhang Meng Qing	Director
Mo Jia Yuan	Supervisors
Xue Bai	Director
Zhang De Jin	Director
Qian Hong Xing	Supervisors
Xu Song Bai	senior management

Anhui Heli Co (SHSE:600761) Headlines

No Headlines