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STFS (Star Fashion Culture Holdings) Effective Interest Rate on Debt % : 4.31% (As of Jun. 2024)


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What is Star Fashion Culture Holdings 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. Star Fashion Culture Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $0.03 Mil. Star Fashion Culture Holdings's average total debt for the quarter that ended in Jun. 2024 was $0.74 Mil. Therefore, Star Fashion Culture Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.31%.


Star Fashion Culture Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Star Fashion Culture Holdings'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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Star Fashion Culture Holdings Effective Interest Rate on Debt % Chart

Star Fashion Culture Holdings Annual Data
Trend Jun22 Jun23 Jun24
Effective Interest Rate on Debt %
3.87 4.38 3.20

Star Fashion Culture Holdings Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Effective Interest Rate on Debt % - 4.05 5.00 3.08 4.31

Competitive Comparison of Star Fashion Culture Holdings's Effective Interest Rate on Debt %

For the Advertising Agencies subindustry, Star Fashion Culture Holdings'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.


Star Fashion Culture Holdings's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Star Fashion Culture Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Star Fashion Culture Holdings's Effective Interest Rate on Debt % falls into.


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Star Fashion Culture Holdings Effective Interest Rate on Debt % Calculation

Star Fashion Culture Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2023 )+Total Debt  (A: Jun. 2024 ))/ count )
=-1  *  -0.031/( (1.199+0.737)/ 2 )
=-1  *  -0.031/0.968
=3.20 %

where

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.035 + 1.164
=1.199

Star Fashion Culture Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -0.032/( (0.749+0.737)/ 2 )
=-1  *  -0.032/0.743
=4.31 %

where

* 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.

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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Star Fashion Culture Holdings  (NAS:STFS) Effective Interest Rate on Debt % Explanation

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


Star Fashion Culture Holdings Effective Interest Rate on Debt % Related Terms

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Star Fashion Culture Holdings Business Description

Traded in Other Exchanges
N/A
Address
Sishui Road, 12th Floor, No.611, Huli District, Xiamen, CHN
Star Fashion Culture Holdings Ltd is a content marketing solutions services provider. The company offer services focusing on marketing campaign planning and execution, offline advertising services; and online precision marketing services. The services also include marketing campaign planning and execution, events including marathons, sports events, and music festivals.