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Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Effective Interest Rate on Debt % : 4.47% (As of Mar. 2024)


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What is Shaanxi Jinye Science Technology and Education 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. Shaanxi Jinye Science Technology and Education Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥65 Mil. Shaanxi Jinye Science Technology and Education Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥1,454 Mil. Therefore, Shaanxi Jinye Science Technology and Education Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.47%.


Shaanxi Jinye Science Technology and Education Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shaanxi Jinye Science Technology and Education 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.

* Premium members only.

Shaanxi Jinye Science Technology and Education Group Co Effective Interest Rate on Debt % Chart

Shaanxi Jinye Science Technology and Education Group Co 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 5.13 5.05 4.82 4.99 4.95

Shaanxi Jinye Science Technology and Education 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 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 6.13 4.95 4.94 3.61 4.47

Competitive Comparison of Shaanxi Jinye Science Technology and Education Group Co's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Shaanxi Jinye Science Technology and Education 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.


Shaanxi Jinye Science Technology and Education Group Co's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shaanxi Jinye Science Technology and Education Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shaanxi Jinye Science Technology and Education Group Co's Effective Interest Rate on Debt % falls into.



Shaanxi Jinye Science Technology and Education Group Co Effective Interest Rate on Debt % Calculation

Shaanxi Jinye Science Technology and Education 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  *  -65.074/( (1199.275+1427.856)/ 2 )
=-1  *  -65.074/1313.5655
=4.95 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=288.286 + 910.989
=1199.275

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=451.629 + 976.227
=1427.856

Shaanxi Jinye Science Technology and Education 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  *  -65.06/( (1427.856+1480.383)/ 2 )
=-1  *  -65.06/1454.1195
=4.47 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=451.629 + 976.227
=1427.856

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=554.833 + 925.55
=1480.383

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


Shaanxi Jinye Science Technology and Education Group Co  (SZSE:000812) Effective Interest Rate on Debt % Explanation

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


Shaanxi Jinye Science Technology and Education Group Co Effective Interest Rate on Debt % Related Terms

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Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Business Description

Traded in Other Exchanges
N/A
Address
No. 100 2nd Ring Road West Section, Jinye Xiandai Zhichuang, 6F, Xi'an, Shanxi, CHN, 710065
Shaanxi Jinye Science Technology And Education Co Ltd engages in the packaging and decorating of printed materials and the operation of high-tech digital printing technology. It is also involved in the education and cultural industries in China.
Executives
Qin Zhong Executives
Xiong Han Cheng Directors, executives
Yuan Han Yuan Director
Yan Kai Secretary Dong
Liang Xin Sheng Executives
Zhou Xin Qing Executives
Zhao Tian Jiao Directors, executives
Wang Zhou Suo Supervisors
Zhang You Qiang Executives
Shen Ke Qin Executives
Cheng Bin Executives
Liang Pei Rong Director
Li Jing Executives
Li Qing Quan Executives
Zhang Chi Lei Executives

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