GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chongqing Zongshen Power Machinery Co Ltd (SZSE:001696) » Definitions » Effective Interest Rate on Debt %

Chongqing Zongshen Power Machinery Co (SZSE:001696) Effective Interest Rate on Debt % : 4.11% (As of Mar. 2025)


View and export this data going back to 1997. Start your Free Trial

What is Chongqing Zongshen Power Machinery 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. Chongqing Zongshen Power Machinery Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥100 Mil. Chongqing Zongshen Power Machinery Co's average total debt for the quarter that ended in Mar. 2025 was ¥2,442 Mil. Therefore, Chongqing Zongshen Power Machinery Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.11%.


Chongqing Zongshen Power Machinery Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chongqing Zongshen Power Machinery 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.

Chongqing Zongshen Power Machinery Co Effective Interest Rate on Debt % Chart

Chongqing Zongshen Power Machinery Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 4.78 5.30 6.31 5.75

Chongqing Zongshen Power Machinery Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.66 4.21 5.03 4.76 4.11

Competitive Comparison of Chongqing Zongshen Power Machinery Co's Effective Interest Rate on Debt %

For the Auto Parts subindustry, Chongqing Zongshen Power Machinery 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.


Chongqing Zongshen Power Machinery Co's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Zongshen Power Machinery Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chongqing Zongshen Power Machinery Co's Effective Interest Rate on Debt % falls into.


;
;

Chongqing Zongshen Power Machinery Co Effective Interest Rate on Debt % Calculation

Chongqing Zongshen Power Machinery Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -110.684/( (1440.228+2412.156)/ 2 )
=-1  *  -110.684/1926.192
=5.75 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=796.779 + 643.449
=1440.228

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1794.654 + 617.502
=2412.156

Chongqing Zongshen Power Machinery Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -100.492/( (2412.156+2472.422)/ 2 )
=-1  *  -100.492/2442.289
=4.11 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1794.654 + 617.502
=2412.156

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1678.527 + 793.895
=2472.422

* 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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Chongqing Zongshen Power Machinery Co  (SZSE:001696) Effective Interest Rate on Debt % Explanation

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


Chongqing Zongshen Power Machinery Co Effective Interest Rate on Debt % Related Terms

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


Chongqing Zongshen Power Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
Zongshen Industrial Park, Banan District, Chongqing, Chongqing, CHN, 400054
Chongqing Zongshen Power Machinery Co Ltd. is engaged in the development, manufacture and sale of motorcycle engines, general power machinery and accessories in China.
Executives
Hu Xian Yuan Director
Li Yao Director
Jiang Zong Gui Supervisors
Zuo Zong Shen Director
Huang Pei Guo Directors, executives
Qin Zhong Rong Directors, executives
Lei Ting Supervisors
Wang Da Ying Director
Zuo Zong Xin Executives
Feng Qi Executives
Liu Gang Executives
Zhang Kui Executives
Zhou Jia Ping Executives
Huang Jing Xue Executives
Chen Yao Jun Executives

Chongqing Zongshen Power Machinery Co Headlines

No Headlines