GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Silvery Dragon Prestressed Materials Co Ltd Tianjin (SHSE:603969) » Definitions » Effective Interest Rate on Debt %

Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) Effective Interest Rate on Debt % : 2.55% (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Silvery Dragon Prestressed Materials Co Tianjin 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. Silvery Dragon Prestressed Materials Co Tianjin's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥22 Mil. Silvery Dragon Prestressed Materials Co Tianjin's average total debt for the quarter that ended in Mar. 2025 was ¥858 Mil. Therefore, Silvery Dragon Prestressed Materials Co Tianjin's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.55%.


Silvery Dragon Prestressed Materials Co Tianjin Effective Interest Rate on Debt % Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin Effective Interest Rate on Debt % Chart

Silvery Dragon Prestressed Materials Co Tianjin 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 5.99 6.19 7.66 4.98 3.40

Silvery Dragon Prestressed Materials Co Tianjin 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 3.88 5.87 2.99 2.38 2.55

Competitive Comparison of Silvery Dragon Prestressed Materials Co Tianjin's Effective Interest Rate on Debt %

For the Steel subindustry, Silvery Dragon Prestressed Materials Co Tianjin'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.


Silvery Dragon Prestressed Materials Co Tianjin's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Silvery Dragon Prestressed Materials Co Tianjin's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Silvery Dragon Prestressed Materials Co Tianjin's Effective Interest Rate on Debt % falls into.


;
;

Silvery Dragon Prestressed Materials Co Tianjin Effective Interest Rate on Debt % Calculation

Silvery Dragon Prestressed Materials Co Tianjin'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  *  -20.567/( (408.84+799.252)/ 2 )
=-1  *  -20.567/604.046
=3.40 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.174 + 407.666
=408.84

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=299.137 + 500.115
=799.252

Silvery Dragon Prestressed Materials Co Tianjin'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  *  -21.864/( (799.252+917.633)/ 2 )
=-1  *  -21.864/858.4425
=2.55 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=299.137 + 500.115
=799.252

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.637 + 613.996
=917.633

* 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.


Silvery Dragon Prestressed Materials Co Tianjin  (SHSE:603969) Effective Interest Rate on Debt % Explanation

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


Silvery Dragon Prestressed Materials Co Tianjin Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Silvery Dragon Prestressed Materials Co Tianjin's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Silvery Dragon Prestressed Materials Co Tianjin Business Description

Traded in Other Exchanges
N/A
Address
No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.
Executives
Zhong Zhi Chao Director
Xie Zhi Chao senior management
Ai Zhi Gang senior management
Zhang Qi Ming senior management
Yu Jing Qi Director
Xie Zhi Feng Director
Xie Tie Gen Director
Xie Zhao Ting Supervisors
Xie Hui Zong senior management
Xie Zhi Qin senior management
Li Jing Quan senior management
Zhang Xin Director
Sun Wei Na Director
Xie Tie Qiao Director
Lian Jiang Supervisors

Silvery Dragon Prestressed Materials Co Tianjin Headlines

No Headlines