Hunan Gold (SZSE:002155) Effective Interest Rate on Debt % : 4.54% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hunan Gold 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. Hunan Gold's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥4 Mil. Hunan Gold's average total debt for the quarter that ended in Mar. 2024 was ¥84 Mil. Therefore, Hunan Gold's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.54%.

Hunan Gold Effective Interest Rate on Debt % Historical Data

The historical data trend for Hunan Gold'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.

Hunan Gold Effective Interest Rate on Debt % Chart

Hunan Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

10.41

14.08

10.80

5.92

2.30

Hunan Gold 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															3.98	19.45	-1.73	0.86	4.54

Competitive Comparison of Hunan Gold's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Hunan Gold'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.

Hunan Gold's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hunan Gold's Effective Interest Rate on Debt % distribution charts can be found below:

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

Hunan Gold Effective Interest Rate on Debt % Calculation

Hunan Gold'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 * -4.633	/	( (318.513	+	83.989)	/ 2 )
=	-1 * -4.633	/	201.251
=	2.30 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	318.513
=	318.513

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	83.989
=	83.989

Hunan Gold'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 * -3.816	/	( (83.989	+	83.989)	/ 2 )
=	-1 * -3.816	/	83.989
=	4.54 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	83.989
=	83.989

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	83.989
=	83.989

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.

Hunan Gold (SZSE:002155) Effective Interest Rate on Debt % Explanation

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

Hunan Gold Effective Interest Rate on Debt % Related Terms

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

Hunan Gold (SZSE:002155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hunan Gold Corp Ltd (SZSE:002155) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Furong Middle Road, 16th Floor, Jinyuan Hotel, Section 2, Yuhua District, Hunan, Changsha, CHN

Website

http://www.hngoldcorp.com

Hunan Gold Corp Ltd is a China-based company engaged in the exploration, mining, smelting, and processing of nonferrous metal. Its main products include gold, pure antimony, antimony oxide, ethylene glycol antimony and tungsten products. Its gold products include gold ingots and gold bars. The company distributes its products in domestic and overseas markets.

Executives

Huang Jian Qi	Executives
Chen Jian Quan	Directors, executives
Chen Fang Bin	Supervisors
Liu Yu Qiang	Independent director
Hu Chun Ming	Supervisors
Chen Gong Rong	Independent director
Chen Ze Lv	Director
Zhang Fan	Directors, executives
Liu Yong	Executives
Li Zhong Ping	Executives
Zhan Fei Qing	Executives
Li Xi Shan	Executives
Cui Wen	Executives
Zhu Ben Yuan	Supervisors
Xie Jian Long	Director

Hunan Gold (SZSE:002155) Headlines

No Headlines