GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shunfa Hengneng Corp (SZSE:000631) » Definitions » Effective Interest Rate on Debt %

Shunfa Hengneng (SZSE:000631) Effective Interest Rate on Debt % : 645.93% (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Shunfa Hengneng 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. Shunfa Hengneng's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥0.4 Mil. Shunfa Hengneng's average total debt for the quarter that ended in Sep. 2024 was ¥0.1 Mil. Therefore, Shunfa Hengneng's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 645.93%.


Shunfa Hengneng Effective Interest Rate on Debt % Historical Data

The historical data trend for Shunfa Hengneng'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.

Shunfa Hengneng Effective Interest Rate on Debt % Chart

Shunfa Hengneng Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 4.97 5.43 5.66 4.20

Shunfa Hengneng Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.23 4.25 5.86 8.89 645.93

Competitive Comparison of Shunfa Hengneng's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Shunfa Hengneng'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.


Shunfa Hengneng's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shunfa Hengneng's Effective Interest Rate on Debt % distribution charts can be found below:

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



Shunfa Hengneng Effective Interest Rate on Debt % Calculation

Shunfa Hengneng'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  *  -1.892/( (70.081+20.111)/ 2 )
=-1  *  -1.892/45.096
=4.20 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.023 + 50.058
=70.081

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.045 + 20.066
=20.111

Shunfa Hengneng's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -0.436/( (0.09+0.045)/ 2 )
=-1  *  -0.436/0.0675
=645.93 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.046 + 0.044
=0.09

* 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 four times the quarterly (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Shunfa Hengneng  (SZSE:000631) Effective Interest Rate on Debt % Explanation

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


Shunfa Hengneng Effective Interest Rate on Debt % Related Terms

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


Shunfa Hengneng Business Description

Industry
Traded in Other Exchanges
N/A
Address
Shixin North Road, No. 777, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Shunfa Hengneng Corp is engaged in Real estate operation and development.
Executives
Sun Jian Rong Supervisors
Wang De Hong Directors, executives
Chen Gui Zhang Director

Shunfa Hengneng Headlines

No Headlines