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Shandong Hontron Aluminum Industry Holding Co (SZSE:002379) Effective Interest Rate on Debt % : 10.74% (As of Mar. 2025)


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What is Shandong Hontron Aluminum Industry Holding 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. Shandong Hontron Aluminum Industry Holding Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥24 Mil. Shandong Hontron Aluminum Industry Holding Co's average total debt for the quarter that ended in Mar. 2025 was ¥219 Mil. Therefore, Shandong Hontron Aluminum Industry Holding Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 10.74%.


Shandong Hontron Aluminum Industry Holding Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shandong Hontron Aluminum Industry Holding 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.

Shandong Hontron Aluminum Industry Holding Co Effective Interest Rate on Debt % Chart

Shandong Hontron Aluminum Industry Holding 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 3.43 7.14 4.69 4.81 7.11

Shandong Hontron Aluminum Industry Holding 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 6.54 4.22 5.03 5.97 10.74

Competitive Comparison of Shandong Hontron Aluminum Industry Holding Co's Effective Interest Rate on Debt %

For the Aluminum subindustry, Shandong Hontron Aluminum Industry Holding 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.


Shandong Hontron Aluminum Industry Holding Co's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Hontron Aluminum Industry Holding Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shandong Hontron Aluminum Industry Holding Co's Effective Interest Rate on Debt % falls into.


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Shandong Hontron Aluminum Industry Holding Co Effective Interest Rate on Debt % Calculation

Shandong Hontron Aluminum Industry Holding 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  *  -12.322/( (126.198+220.432)/ 2 )
=-1  *  -12.322/173.315
=7.11 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=120.05 + 6.148
=126.198

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.993 + 106.439
=220.432

Shandong Hontron Aluminum Industry Holding 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  *  -23.56/( (220.432+218.405)/ 2 )
=-1  *  -23.56/219.4185
=10.74 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=113.993 + 106.439
=220.432

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=112.714 + 105.691
=218.405

* 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.


Shandong Hontron Aluminum Industry Holding Co  (SZSE:002379) Effective Interest Rate on Debt % Explanation

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


Shandong Hontron Aluminum Industry Holding Co Effective Interest Rate on Debt % Related Terms

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Shandong Hontron Aluminum Industry Holding Co Business Description

Traded in Other Exchanges
N/A
Address
East of Xinbo Road and north of No. 3 Trunk Canal Bridge, Boxing County, Economic Development Zone, Binzhou, Shandong, CHN, 256500
Shandong Hontron Aluminum Industry Holding Co Ltd is engaged in research & development, production and sales of high-precision aluminum plate and strip products.
Executives
Zhao Qian Fang Director
Wei Qi Liang Supervisors
Wang Lian Yong Director, Director, Representative of Securities A
Zhao Jun Xiang Supervisors
Han Mei Fang Executives
Li Ping Supervisors
Liu Qing Bo Supervisors
Hong Qun Li Directors, executives
Qiao Xiang Qian Executives
Mu Yu Shan Directors, executives
Pang Shu Zheng Secretary, Director
Guo Mao Qiu Executives

Shandong Hontron Aluminum Industry Holding Co Headlines

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