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China Calxon Group Co (SZSE:000918) Effective Interest Rate on Debt % : 10.73% (As of Mar. 2023)


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What is China Calxon 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. China Calxon Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was ¥372 Mil. China Calxon Group Co's average total debt for the quarter that ended in Mar. 2023 was ¥3,469 Mil. Therefore, China Calxon Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 10.73%.


China Calxon Group Co Effective Interest Rate on Debt % Historical Data

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

China Calxon Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.49 11.88 14.42 13.95 13.78

China Calxon Group Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 9.81 20.42 8.66 16.76 10.73

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

For the Real Estate - Development subindustry, China Calxon 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.


China Calxon Group Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Calxon Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



China Calxon Group Co Effective Interest Rate on Debt % Calculation

China Calxon Group Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -483.662/( (3557.503+3460.416)/ 2 )
=-1  *  -483.662/3508.9595
=13.78 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1709.845 + 1847.658
=3557.503

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1405.971 + 2054.445
=3460.416

China Calxon Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -372.352/( (3460.416+3477.455)/ 2 )
=-1  *  -372.352/3468.9355
=10.73 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1405.971 + 2054.445
=3460.416

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1352.876 + 2124.579
=3477.455

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


China Calxon Group Co  (SZSE:000918) Effective Interest Rate on Debt % Explanation

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


China Calxon Group Co Effective Interest Rate on Debt % Related Terms

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China Calxon Group Co (SZSE:000918) Business Description

Traded in Other Exchanges
N/A
Address
No. 536, Hongqiao Road, Xuhui District, Jiakai City Group, Shanghai, CHN
China Calxon Group Co Ltd is a real estate development and commercial asset management company. It is engaged in developing urban commercial projects in Jiangsu, Zhejiang, and Shanghai. Company broadly divide its real estate development into residential. living room and property management. Companies project includes Wuxi property, Huzhou Property, Chongqing property and other.
Executives
Zhou Zhao Yong Executives
Wang Zhen Guo Executives
Geng Xiao Zhen Supervisors
Wu Dong Ming Director
Jiang Rong Executives
Zhu Li Ping Executives
Zhang Yu Executives
Chen Hao Directors, executives

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