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Shanghai Xujiahui Commercial Co (SZSE:002561) Effective Interest Rate on Debt % : 4.27% (As of Jun. 2024)


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What is Shanghai Xujiahui Commercial 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. Shanghai Xujiahui Commercial Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was ¥5.7 Mil. Shanghai Xujiahui Commercial Co's average total debt for the quarter that ended in Jun. 2024 was ¥133.6 Mil. Therefore, Shanghai Xujiahui Commercial Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.27%.


Shanghai Xujiahui Commercial Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shanghai Xujiahui Commercial 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.

Shanghai Xujiahui Commercial Co Effective Interest Rate on Debt % Chart

Shanghai Xujiahui Commercial 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 - 0.60 4.66 4.63 4.45

Shanghai Xujiahui Commercial Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.42 4.46 4.46 4.35 4.27

Competitive Comparison of Shanghai Xujiahui Commercial Co's Effective Interest Rate on Debt %

For the Department Stores subindustry, Shanghai Xujiahui Commercial 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.


Shanghai Xujiahui Commercial Co's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Xujiahui Commercial Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shanghai Xujiahui Commercial Co's Effective Interest Rate on Debt % falls into.



Shanghai Xujiahui Commercial Co Effective Interest Rate on Debt % Calculation

Shanghai Xujiahui Commercial 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  *  -7.03/( (170.911+145.065)/ 2 )
=-1  *  -7.03/157.988
=4.45 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=140.705 + 30.206
=170.911

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=111.227 + 33.838
=145.065

Shanghai Xujiahui Commercial Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -5.7/( (138.575+128.602)/ 2 )
=-1  *  -5.7/133.5885
=4.27 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=104.206 + 34.369
=138.575

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.341 + 32.261
=128.602

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


Shanghai Xujiahui Commercial Co  (SZSE:002561) Effective Interest Rate on Debt % Explanation

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


Shanghai Xujiahui Commercial Co Effective Interest Rate on Debt % Related Terms

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Shanghai Xujiahui Commercial Co Business Description

Traded in Other Exchanges
N/A
Address
Number 1068, Zhaojiabang Road, Xuhui District, Shanghai, CHN, 1000
Shanghai Xujiahui Commercial Co Ltd is a China-based company engaged in the department stores retailing businesses. The company provides women's apparels, men's apparels and accessories, sporting goods, sports equipment, massage equipment, medicines, cosmetics, jewelry, watches and clocks, glasses, handbags, bedding, children's products, kitchen appliances and casual dining services through the retailing shopping malls.
Executives
Wang Bin Directors, executives
Chen Hui Yuan Securities Affairs Representative
Jin Guo Liang Director
Dai Zheng Kun Directors, executives
Yu Jia Liang Supervisors
Wang Lu Directors, executives
Tong Guang Yao Directors, executives
Liang Zhong Qiu Executives
Gao Yun Song Supervisors
Shi Wan Di Supervisors

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