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Threes Company Media Group Co (SHSE:605168) Effective Interest Rate on Debt % : 4.21% (As of Mar. 2024)


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What is Threes Company Media Group 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. Threes Company Media Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥31 Mil. Threes Company Media Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥741 Mil. Therefore, Threes Company Media Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.21%.


Threes Company Media Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Threes Company Media Group 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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Threes Company Media Group Co Effective Interest Rate on Debt % Chart

Threes Company Media Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 1.91 3.34 6.31 5.49

Threes Company Media Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.24 3.95 4.21 3.56 4.21

Competitive Comparison of Threes Company Media Group Co's Effective Interest Rate on Debt %

For the Advertising Agencies subindustry, Threes Company Media Group 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.


Threes Company Media Group Co's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Threes Company Media Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Threes Company Media Group Co's Effective Interest Rate on Debt % falls into.



Threes Company Media Group Co Effective Interest Rate on Debt % Calculation

Threes Company Media Group 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  *  -32.916/( (466.419+733.003)/ 2 )
=-1  *  -32.916/599.711
=5.49 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61.661 + 404.758
=466.419

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.05 + 609.953
=733.003

Threes Company Media Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -31.2/( (733.003+748.943)/ 2 )
=-1  *  -31.2/740.973
=4.21 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=123.05 + 609.953
=733.003

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=118.193 + 630.75
=748.943

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


Threes Company Media Group Co  (SHSE:605168) Effective Interest Rate on Debt % Explanation

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


Threes Company Media Group Co Effective Interest Rate on Debt % Related Terms

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Threes Company Media Group Co (SHSE:605168) Business Description

Traded in Other Exchanges
N/A
Address
Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN
Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.
Executives
Guo Xian Wei Director
Wang Chuan Directors, senior managers
Li Da senior management
Chen Sheng senior management
Zhang Hao Directors, senior managers
Dai Xiu Ju Supervisors
Wang Lei Supervisors
Qian Jun Dong Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

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