Ningbo Heli Technology Co (SHSE:603917) Effective Interest Rate on Debt % : -1.99% (As of Mar. 2025)

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What is Ningbo Heli Technology 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. Ningbo Heli Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥-0.1 Mil. Ningbo Heli Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥4.0 Mil. Therefore, Ningbo Heli Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was -1.99%.

Ningbo Heli Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Ningbo Heli Technology 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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Ningbo Heli Technology Co Effective Interest Rate on Debt % Chart

Ningbo Heli Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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4.94

5.46

4.74

3.61

1.49

Ningbo Heli Technology 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															-0.40	4.60	0.84	-2.52	-1.99

Competitive Comparison of Ningbo Heli Technology Co's Effective Interest Rate on Debt %

For the Metal Fabrication subindustry, Ningbo Heli Technology 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.

Ningbo Heli Technology Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Heli Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Ningbo Heli Technology Co Effective Interest Rate on Debt % Calculation

Ningbo Heli Technology 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 * -0.211	/	( (23.163	+	5.174)	/ 2 )
=	-1 * -0.211	/	14.1685
=	1.49 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.534	+	20.629
=	23.163

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.138	+	3.036
=	5.174

Ningbo Heli Technology 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 * 0.08	/	( (5.174	+	2.86)	/ 2 )
=	-1 * 0.08	/	4.017
=	-1.99 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.138	+	3.036
=	5.174

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.138	+	0.722
=	2.86

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.

Ningbo Heli Technology Co (SHSE:603917) Effective Interest Rate on Debt % Explanation

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

Ningbo Heli Technology Co Effective Interest Rate on Debt % Related Terms

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Ningbo Heli Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Heli Technology Co Ltd (SHSE:603917) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

358 Xigu Road, Xiangshan Industrial Park, Zhejiang Province, Ningbo, CHN, 315700

Website

http://www.helimould.com

Ningbo Heli Technology Co Ltd manufactures, designs, develops and sells casting molds in China. Its products are die-casting mold, low pressure die casting, gravity casting mold, hot and cold (shell) box mold, thermoforming stamping die.

Executives

Fan Kai Shu	Supervisors
Wu Zhen Gui	Director
Shi Liang Cai	Directors, senior managers
Cai Zhen Xian	Director
Shi Ding Wei	Director
He Chao Yang	Director

Ningbo Heli Technology Co Headlines

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