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Zhejiang Wazam New Materials Co (SHSE:603186) Effective Interest Rate on Debt % : 2.69% (As of Mar. 2025)


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What is Zhejiang Wazam New Materials 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. Zhejiang Wazam New Materials Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥64 Mil. Zhejiang Wazam New Materials Co's average total debt for the quarter that ended in Mar. 2025 was ¥2,386 Mil. Therefore, Zhejiang Wazam New Materials Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.69%.


Zhejiang Wazam New Materials Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Zhejiang Wazam New Materials 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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Zhejiang Wazam New Materials Co Effective Interest Rate on Debt % Chart

Zhejiang Wazam New Materials 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 3.85 0.90 0.50 -0.26 3.18

Zhejiang Wazam New Materials 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 2.85 3.10 2.91 2.88 2.69

Competitive Comparison of Zhejiang Wazam New Materials Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Zhejiang Wazam New Materials 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.


Zhejiang Wazam New Materials Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Wazam New Materials Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Zhejiang Wazam New Materials Co's Effective Interest Rate on Debt % falls into.


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Zhejiang Wazam New Materials Co Effective Interest Rate on Debt % Calculation

Zhejiang Wazam New Materials 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  *  -71.432/( (2188.364+2301.337)/ 2 )
=-1  *  -71.432/2244.8505
=3.18 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1230.26 + 958.104
=2188.364

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1172.723 + 1128.614
=2301.337

Zhejiang Wazam New Materials 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  *  -64.212/( (2301.337+2471.503)/ 2 )
=-1  *  -64.212/2386.42
=2.69 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1172.723 + 1128.614
=2301.337

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1220.092 + 1251.411
=2471.503

* 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.


Zhejiang Wazam New Materials Co  (SHSE:603186) Effective Interest Rate on Debt % Explanation

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


Zhejiang Wazam New Materials Co Effective Interest Rate on Debt % Related Terms

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Zhejiang Wazam New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Huayi Road, Yuhang Street, Wazam Sci-Tech Park, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
Executives
Liu Tao Director
Guo Jiang Cheng Director
Wu Li Fen senior management
Zhou Jian Ming senior management
Shen Zong Hua senior management
Tang Xin Qiang Supervisors
Yu Gao senior management

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