IKD Co (SHSE:600933) Effective Interest Rate on Debt % : 3.03% (As of Mar. 2025)

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What is IKD 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. IKD Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥117 Mil. IKD Co's average total debt for the quarter that ended in Mar. 2025 was ¥3,845 Mil. Therefore, IKD Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 3.03%.

IKD Co Effective Interest Rate on Debt % Historical Data

The historical data trend for IKD 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.

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IKD Co Effective Interest Rate on Debt % Chart

IKD Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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12.19

1.56

3.05

3.64

3.69

IKD Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.60	3.20	3.24	3.26	3.03

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

For the Auto Parts subindustry, IKD 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.

IKD Co's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IKD Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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IKD Co Effective Interest Rate on Debt % Calculation

IKD Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -123.532	/	( (3108.212	+	3589.392)	/ 2 )
=	-1 * -123.532	/	3348.802
=	3.69 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1642.651	+	1465.561
=	3108.212

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1746.026	+	1843.366
=	3589.392

IKD Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -116.56	/	( (3589.392	+	4100.976)	/ 2 )
=	-1 * -116.56	/	3845.184
=	3.03 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1746.026	+	1843.366
=	3589.392

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1739.519	+	2361.457
=	4100.976

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

IKD Co (SHSE:600933) Effective Interest Rate on Debt % Explanation

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

IKD Co Effective Interest Rate on Debt % Related Terms

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IKD Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IKD Co Ltd (SHSE:600933) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 588 Jin Shan Road, Jiangbei Investment Pioneering Park, Zhejiang Province, Ningbo, CHN, 315033

Website

http://www.ikd-china.com

IKD Co Ltd is engaged in manufacturing of aluminum die casting products. The company is mainly engaged in the research and development, production and sales of automotive aluminum alloy precision casting. The production process covers the whole process of the design and development of die-casting tooling, die casting, trimming, heat treatment, precision machining, surface treatment and assembly. Its main products include automotive wiper system, transmission system, steering system, engine system, air condition system, commercial vehicle braking system.

Executives

Dong Li Ping	Directors, senior managers
Yang Neng Zhong	Directors, senior managers
Yu Guo Hua	Directors, senior managers
Zhang Jian Cheng	Directors, senior managers
Xi Hai Jun	senior management
Wu Fei	Supervisors
Fu Long Zhu	senior management
Li Jian Jun	senior management
He Sheng Hua	senior management
Zhao Jun	Supervisors
Wu Miao Xin	senior management
Sheng Hong	Director

IKD Co Headlines

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