Suzhou HYC Technology Co (SHSE:688001) Effective Interest Rate on Debt % : 2.70% (As of Mar. 2025)

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What is Suzhou HYC 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. Suzhou HYC Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥30 Mil. Suzhou HYC Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥1,118 Mil. Therefore, Suzhou HYC Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.70%.

Suzhou HYC Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Suzhou HYC 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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Suzhou HYC Technology Co Effective Interest Rate on Debt % Chart

Suzhou HYC Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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-7.84

0.46

3.83

3.77

4.31

Suzhou HYC 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															0.31	8.24	4.36	4.23	2.70

Competitive Comparison of Suzhou HYC Technology Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Suzhou HYC 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.

Suzhou HYC Technology Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

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Suzhou HYC Technology Co Effective Interest Rate on Debt % Calculation

Suzhou HYC 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 * -39.998	/	( (824.752	+	1032.474)	/ 2 )
=	-1 * -39.998	/	928.613
=	4.31 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	806.522	+	18.23
=	824.752

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	737.4	+	295.074
=	1032.474

Suzhou HYC 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 * -30.172	/	( (1032.474	+	1204.102)	/ 2 )
=	-1 * -30.172	/	1118.288
=	2.70 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	737.4	+	295.074
=	1032.474

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	742.193	+	461.909
=	1204.102

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.

Suzhou HYC Technology Co (SHSE:688001) Effective Interest Rate on Debt % Explanation

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

Suzhou HYC Technology Co Effective Interest Rate on Debt % Related Terms

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Suzhou HYC Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou HYC Technology Co Ltd (SHSE:688001) » Definitions » Effective Interest Rate on Debt %

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Address

No. 8 Qingqiu Lane, Suzhou Industrial Park, Suzhou, CHN, 215000

Website

http://www.hyc.cn

Suzhou HYC Technology Co Ltd is a provider of industrial automatic test equipment and complete line system solutions. The test products are used in the manufacturers of LCD, flexible OLED, semiconductor, new energy automotive electronics and other industries.

Executives

Chen Wen Yuan	Director
Zhu Chen	Director
Cheng Zhong	senior management
Zhang Qian	Director
Jiang Rui Xiang	senior management

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