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Guolian Minsheng Securities Co (SHSE:601456) Effective Interest Rate on Debt % : 4.30% (As of Dec. 2024)


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What is Guolian Minsheng Securities 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. Guolian Minsheng Securities Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ¥1,284 Mil. Guolian Minsheng Securities Co's average total debt for the quarter that ended in Dec. 2024 was ¥29,862 Mil. Therefore, Guolian Minsheng Securities Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.30%.


Guolian Minsheng Securities Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guolian Minsheng Securities 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.

Guolian Minsheng Securities Co Effective Interest Rate on Debt % Chart

Guolian Minsheng Securities Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.69 5.82 5.48 5.34 5.22

Guolian Minsheng Securities Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.95 4.92 4.72 4.24 4.30

Competitive Comparison of Guolian Minsheng Securities Co's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Guolian Minsheng Securities 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.


Guolian Minsheng Securities Co's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guolian Minsheng Securities Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Guolian Minsheng Securities Co Effective Interest Rate on Debt % Calculation

Guolian Minsheng Securities 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  *  -1321.469/( (25548.161+25043.534)/ 2 )
=-1  *  -1321.469/25295.8475
=5.22 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16160.206 + 9387.955
=25548.161

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18933.206 + 6110.328
=25043.534

Guolian Minsheng Securities Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -1283.576/( (34679.825+25043.534)/ 2 )
=-1  *  -1283.576/29861.6795
=4.30 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34624.517 + 55.308
=34679.825

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18933.206 + 6110.328
=25043.534

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


Guolian Minsheng Securities Co  (SHSE:601456) Effective Interest Rate on Debt % Explanation

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


Guolian Minsheng Securities Co Effective Interest Rate on Debt % Related Terms

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Guolian Minsheng Securities Co Business Description

Traded in Other Exchanges
Address
No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000
Guolian Minsheng Securities Co Ltd is a China-based financial institution. The company's operating segments include Brokerage and wealth management, Credit transactions, Investment banking, Proprietary trading, Asset management and investment, and Other businesses. It generates maximum revenue from the Brokerage and wealth management segment and the Proprietary trading segment. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation. The Proprietary trading segment includes trading in financial products.

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