Gstarsoft Co (SHSE:688657) Effective Interest Rate on Debt % : 4.13% (As of Mar. 2024)

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What is Gstarsoft 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. Gstarsoft Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Gstarsoft Co's average total debt for the quarter that ended in Mar. 2024 was ¥0.8 Mil. Therefore, Gstarsoft Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.13%.

Gstarsoft Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Gstarsoft 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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Gstarsoft Co Effective Interest Rate on Debt % Chart

Gstarsoft Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.41

4.51

4.16

4.18

Gstarsoft Co Quarterly Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.90	4.72	4.76	3.55	4.13

Competitive Comparison of Gstarsoft Co's Effective Interest Rate on Debt %

For the Software - Application subindustry, Gstarsoft 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.

Gstarsoft Co's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Gstarsoft Co Effective Interest Rate on Debt % Calculation

Gstarsoft 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 * -0.039	/	( (0.922	+	0.944)	/ 2 )
=	-1 * -0.039	/	0.933
=	4.18 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.125	+	0.797
=	0.922

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.294	+	0.65
=	0.944

Gstarsoft 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 * -0.032	/	( (0.944	+	0.605)	/ 2 )
=	-1 * -0.032	/	0.7745
=	4.13 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.294	+	0.65
=	0.944

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.196	+	0.409
=	0.605

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.

Gstarsoft Co (SHSE:688657) Effective Interest Rate on Debt % Explanation

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

Gstarsoft Co Effective Interest Rate on Debt % Related Terms

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Gstarsoft Co (SHSE:688657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gstarsoft Co Ltd (SHSE:688657) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

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Address

No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123

Website

https://www.gstarcad.com

Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.

Executives

Lu Xiang	Directors, senior managers, core technical personn
Li Zhang Chun	Core technical personnel
Wang Wei	Core technical personnel
Li Ming Jin	Core technical personnel
Wu Hai Long	Core technical personnel
Liang Jiang	Directors, senior managers, core technical personn
Yu Huai Gu	senior management
Deng Li Qun	Senior management, core technical personnel
Huang Mei Yu	senior management
Ding Guo Yun	senior management
Liang Hai Xia	senior management
Hu Li Xin	Director
Pan Li	Directors, senior managers, core technical personn

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