GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Asian Star Anchor Chain Co Ltd (SHSE:601890) » Definitions » Effective Interest Rate on Debt %

Asian Star Anchor Chain Co (SHSE:601890) Effective Interest Rate on Debt % : 2.03% (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Asian Star Anchor Chain 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. Asian Star Anchor Chain Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥16 Mil. Asian Star Anchor Chain Co's average total debt for the quarter that ended in Mar. 2025 was ¥782 Mil. Therefore, Asian Star Anchor Chain Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.03%.


Asian Star Anchor Chain Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Asian Star Anchor Chain 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.

Asian Star Anchor Chain Co Effective Interest Rate on Debt % Chart

Asian Star Anchor Chain 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 3.67 3.52 2.77 2.99 2.67

Asian Star Anchor Chain 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 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 3.06 2.15 3.23 2.04 2.03

Competitive Comparison of Asian Star Anchor Chain Co's Effective Interest Rate on Debt %

For the Industrial Distribution subindustry, Asian Star Anchor Chain 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.


Asian Star Anchor Chain Co's Effective Interest Rate on Debt % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Asian Star Anchor Chain Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Asian Star Anchor Chain Co's Effective Interest Rate on Debt % falls into.


;
;

Asian Star Anchor Chain Co Effective Interest Rate on Debt % Calculation

Asian Star Anchor Chain 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  *  -15.934/( (455.243+737.863)/ 2 )
=-1  *  -15.934/596.553
=2.67 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=451.243 + 4
=455.243

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=166.778 + 571.085
=737.863

Asian Star Anchor Chain 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  *  -15.884/( (737.863+825.994)/ 2 )
=-1  *  -15.884/781.9285
=2.03 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=166.778 + 571.085
=737.863

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=297.279 + 528.715
=825.994

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


Asian Star Anchor Chain Co  (SHSE:601890) Effective Interest Rate on Debt % Explanation

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


Asian Star Anchor Chain Co Effective Interest Rate on Debt % Related Terms

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


Asian Star Anchor Chain Co Business Description

Traded in Other Exchanges
N/A
Address
Number 88, Meirengang Road, Dongxing, Jiangsu, Jingjiang, CHN, 214533
Asian Star Anchor Chain Co Ltd is engaged in the production and distribution of marine anchor chains and marine mooring chains. It mainly provides marine anchor chains and ocean platform mooring chains, as well as related parts and components. The company also offers accessories comprising Kenter Shackle, Joining Shackle, Swivel, End Shackle and Other fittings.
Executives
Tao Liang Feng Director
Wang Gui Qin Director
Zhang Wei Xin Director
Shen Yi Cheng Director
Wang Ji Ping Supervisors
Guo Lian Chun Supervisors
Wu Han Qi senior management
Tao Xing Director
Tao An Xiang Director
Lu Wei Lai senior management
Zhu Le Qing Director
Qian Xiu Hua Supervisors
Xu Jian Zhang Supervisors
Li Han Ming Director
Chang Jia Hong Supervisors

Asian Star Anchor Chain Co Headlines

No Headlines