Jiangsu Cnano Technology Co (SHSE:688116) Effective Interest Rate on Debt % : 3.15% (As of Mar. 2025)

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What is Jiangsu Cnano 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. Jiangsu Cnano Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥42 Mil. Jiangsu Cnano Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥1,320 Mil. Therefore, Jiangsu Cnano Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 3.15%.

Jiangsu Cnano Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Jiangsu Cnano 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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Jiangsu Cnano Technology Co Effective Interest Rate on Debt % Chart

Jiangsu Cnano Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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6.49

-4.54

7.23

3.89

3.41

Jiangsu Cnano 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															3.44	3.23	3.27	3.16	3.15

Competitive Comparison of Jiangsu Cnano Technology Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Jiangsu Cnano 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.

Jiangsu Cnano Technology Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Cnano Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Jiangsu Cnano Technology Co Effective Interest Rate on Debt % Calculation

Jiangsu Cnano 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 * -44.601	/	( (1233.693	+	1381.102)	/ 2 )
=	-1 * -44.601	/	1307.3975
=	3.41 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1026.826	+	206.867
=	1233.693

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1143.927	+	237.175
=	1381.102

Jiangsu Cnano 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 * -41.64	/	( (1381.102	+	1259.341)	/ 2 )
=	-1 * -41.64	/	1320.2215
=	3.15 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1143.927	+	237.175
=	1381.102

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1166.148	+	93.193
=	1259.341

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.

Jiangsu Cnano Technology Co (SHSE:688116) Effective Interest Rate on Debt % Explanation

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

Jiangsu Cnano Technology Co Effective Interest Rate on Debt % Related Terms

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Jiangsu Cnano Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Cnano Technology Co Ltd (SHSE:688116) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000

Website

http://www.cnanotechnology.com

Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development, and sales of nanoscale carbon materials and related products, including carbon nanotube powder, carbon nanotube conductive paste, graphene composite conductive paste, carbon nanotube conductive masterbatch, etc. The carbon nanotube-related products produced by the company are mainly used in the field of lithium batteries, to improve the energy density and cycle life performance of lithium batteries, and finally used in new energy vehicles, 3C Products, energy storage batteries, and other fields.

Executives

Wang Ming Guang	senior management
Yue Bang Xian	Senior management, core technical personnel
Cai Yong Lve	Directors, senior managers
Xie Bao Dong	Core technical personnel
Wei Zhao Jie	Core technical personnel
Liu Fei	Core technical personnel
Guo Wei Xing	Core technical personnel
Lin Wei Guo	Core technical personnel
Shi Yin Huan	Core technical personnel
Ye Ya Wen	senior management
Yan Yan	Directors, senior managers
Zheng Tao	Directors, senior managers, core technical personn
Zhang Mei Jie	Directors, senior managers, core technical personn
Cai Wei Zheng	Core technical personnel
Cai Zong Yan	Core technical personnel

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