Konka Group Co (SZSE:000016) Effective Interest Rate on Debt % : 3.58% (As of Mar. 2024)

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What is Konka Group 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. Konka Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥815 Mil. Konka Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥22,752 Mil. Therefore, Konka Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.58%.

Konka Group Co Effective Interest Rate on Debt % Historical Data

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

Konka Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.91

4.57

4.63

4.29

4.04

Konka Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.06	3.68	3.84	4.17	3.58

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

For the Consumer Electronics subindustry, Konka Group 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.

Konka Group Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

Konka Group Co Effective Interest Rate on Debt % Calculation

Konka Group 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 * -884.535	/	( (21724.689	+	22071.1)	/ 2 )
=	-1 * -884.535	/	21897.8945
=	4.04 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13735.91	+	7988.779
=	21724.689

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10366.361	+	11704.739
=	22071.1

Konka Group 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 * -815.292	/	( (22071.1	+	23433.641)	/ 2 )
=	-1 * -815.292	/	22752.3705
=	3.58 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10366.361	+	11704.739
=	22071.1

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11991.178	+	11442.463
=	23433.641

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.

Konka Group Co (SZSE:000016) Effective Interest Rate on Debt % Explanation

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

Konka Group Co Effective Interest Rate on Debt % Related Terms

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Konka Group Co (SZSE:000016) Business Description

Industry

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Traded in Other Exchanges

200016:China

Address

28 Keji South Twelfth Road, Yuehai Street, 15-24th Floor, Konka R&D Center, Science and Technology Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.konka.com

Konka Group Co Ltd operates in the consumer electronics industry of China. The company sells its goods primarily in China, but a portion of its sales are from overseas markets. Most of its revenue is derived from the business-to-business sale of various color TV models including Smart TVs, LED TVs, 4K TVs, and OLED TVs. Its secondary source of revenue is obtained from the manufacture and sale of mobile phones and appliances such as refrigerators, washing machines, air conditioners, and freezers. The Konka Group also develops and maintains software technologies, produces and distributes molds and plastic products, and provides digital network products.

Executives

Zhou Bin	Executives
Zhang Guang Hui	Supervisors
Huo Jun	Director

Konka Group Co (SZSE:000016) Headlines

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