Peric Special Gases Co (SHSE:688146) Effective Interest Rate on Debt % : 5.22% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Peric Special Gases 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. Peric Special Gases Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥1 Mil. Peric Special Gases Co's average total debt for the quarter that ended in Mar. 2024 was ¥10 Mil. Therefore, Peric Special Gases Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.22%.

Peric Special Gases Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Peric Special Gases 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.

* Premium members only.

Peric Special Gases Co Effective Interest Rate on Debt % Chart

Peric Special Gases Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

2.46

2.27

3.40

0.20

1.92

Peric Special Gases Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								4.70	4.77	4.80	-12.43	5.22

Competitive Comparison of Peric Special Gases Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Peric Special Gases 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.

Peric Special Gases Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

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

* The bar in red indicates where Peric Special Gases Co's Effective Interest Rate on Debt % falls into.

Peric Special Gases Co Effective Interest Rate on Debt % Calculation

Peric Special Gases 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 * -0.377	/	( (28.071	+	11.244)	/ 2 )
=	-1 * -0.377	/	19.6575
=	1.92 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.457	+	10.614
=	28.071

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11.244
=	11.244

Peric Special Gases 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 * -0.516	/	( (11.244	+	8.511)	/ 2 )
=	-1 * -0.516	/	9.8775
=	5.22 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	11.244
=	11.244

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	8.511
=	8.511

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.

Peric Special Gases Co (SHSE:688146) Effective Interest Rate on Debt % Explanation

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

Peric Special Gases Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Peric Special Gases Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Peric Special Gases Co (SHSE:688146) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Peric Special Gases Co Ltd (SHSE:688146) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Weiwu Road, Chemical Industry Cluster Area, Feixiang District, Hebei Province, Handan, CHN, 057550

Website

https://www.pericsg.com

Peric Special Gases Co Ltd is engaged in the research and development, production and sales of electronic specialty gases and trifluoromethanesulfonic acid series products.

Peric Special Gases Co (SHSE:688146) Headlines

No Headlines