Hangzhou Raycloud Technology Co (SHSE:688365) Effective Interest Rate on Debt % : 3.25% (As of Mar. 2025)

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What is Hangzhou Raycloud 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. Hangzhou Raycloud Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥6.4 Mil. Hangzhou Raycloud Technology Co's average total debt for the quarter that ended in Mar. 2025 was ¥197.0 Mil. Therefore, Hangzhou Raycloud Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 3.25%.

Hangzhou Raycloud Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hangzhou Raycloud 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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Hangzhou Raycloud Technology Co Effective Interest Rate on Debt % Chart

Hangzhou Raycloud Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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1.84

3.79

3.97

4.24

4.38

Hangzhou Raycloud 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															4.53	3.74	3.83	4.91	3.25

Competitive Comparison of Hangzhou Raycloud Technology Co's Effective Interest Rate on Debt %

For the Software - Application subindustry, Hangzhou Raycloud 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.

Hangzhou Raycloud Technology Co's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Hangzhou Raycloud Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Hangzhou Raycloud Technology Co Effective Interest Rate on Debt % Calculation

Hangzhou Raycloud 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 * -7.474	/	( (154.216	+	187.181)	/ 2 )
=	-1 * -7.474	/	170.6985
=	4.38 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	36.337	+	117.879
=	154.216

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.22	+	167.961
=	187.181

Hangzhou Raycloud 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 * -6.408	/	( (187.181	+	206.888)	/ 2 )
=	-1 * -6.408	/	197.0345
=	3.25 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.22	+	167.961
=	187.181

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	19.748	+	187.14
=	206.888

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.

Hangzhou Raycloud Technology Co (SHSE:688365) Effective Interest Rate on Debt % Explanation

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

Hangzhou Raycloud Technology Co Effective Interest Rate on Debt % Related Terms

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Hangzhou Raycloud Technology Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hangzhou Raycloud Technology Co Ltd (SHSE:688365) » Definitions » Effective Interest Rate on Debt %

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Address

No.588 Jiangnan Avenue, 11th Floor, Main Building, Hengxin Building, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310052

Website

http://www.raycloud.com

Hangzhou Raycloud Technology Co Ltd is an e-commerce software and service technology company. It provides value-added products and services such as SaaS products, supporting hardware, operating services, and CRM SMS for e-commerce merchants based on e-commerce platforms. Its products and services include super manager, courier assistant, wangdian transaction, wangdian data, merchandise, prosperous store promotion, super store manager-cross-border edition, super express, super commodity, super deal and seller network.

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