Wuxi AppTec Co (SHSE:603259) Effective Interest Rate on Debt % : 2.42% (As of Sep. 2024)

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What is Wuxi AppTec 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. Wuxi AppTec Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥173 Mil. Wuxi AppTec Co's average total debt for the quarter that ended in Sep. 2024 was ¥7,128 Mil. Therefore, Wuxi AppTec Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 2.42%.

Wuxi AppTec Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Wuxi AppTec 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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Wuxi AppTec Co Effective Interest Rate on Debt % Chart

Wuxi AppTec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.40

2.84

1.59

2.12

0.92

Wuxi AppTec Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.71	-4.02	3.18	3.14	2.42

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

For the Diagnostics & Research subindustry, Wuxi AppTec 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.

Wuxi AppTec Co's Effective Interest Rate on Debt % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Wuxi AppTec Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Wuxi AppTec Co Effective Interest Rate on Debt % Calculation

Wuxi AppTec 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 * -53.604	/	( (5866.442	+	5747.666)	/ 2 )
=	-1 * -53.604	/	5807.054
=	0.92 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1764.895	+	4101.547
=	5866.442

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1785.569	+	3962.097
=	5747.666

Wuxi AppTec Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -172.68	/	( (7166.16	+	7090.068)	/ 2 )
=	-1 * -172.68	/	7128.114
=	2.42 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4012.189	+	3153.971
=	7166.16

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4113.673	+	2976.395
=	7090.068

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

Wuxi AppTec Co (SHSE:603259) Effective Interest Rate on Debt % Explanation

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

Wuxi AppTec Co Effective Interest Rate on Debt % Related Terms

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Wuxi AppTec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Wuxi AppTec Co Ltd (SHSE:603259) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

WUXAY:USA 02359:Hong Kong WX8:Germany

Address

288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131

Website

https://www.wuxiapptec.com

Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, gene therapies, and testing services for medical devices. Its segments comprise WuXi Chemistry, WuXi Testing, WuXi Biology, WuXi ATU, WuXi DDSU, and Others. It generates the majority of its revenue from the WuXi Chemistry segment. Its geographic areas are the PRC, USA, Europe, and the Rest of the world, in which it generates the majority of its revenue from the USA.

Executives

Chen Shu Hui	senior management
Yang	Director
Hu Zheng Guo	Director
	senior management
Yao Chi	Director
Chen Min	Director
Zhu Bi Xin	senior management
Yang	senior management
Chen Shu Hui	senior management
Hu Zheng Guo	Director

Wuxi AppTec Co Headlines

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