Guangdong TCL Smart Home Appliances Co (SZSE:002668) Effective Interest Rate on Debt % : 4.75% (As of Mar. 2025)

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What is Guangdong TCL Smart Home Appliances 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. Guangdong TCL Smart Home Appliances Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥46 Mil. Guangdong TCL Smart Home Appliances Co's average total debt for the quarter that ended in Mar. 2025 was ¥964 Mil. Therefore, Guangdong TCL Smart Home Appliances Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.75%.

Guangdong TCL Smart Home Appliances Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guangdong TCL Smart Home Appliances 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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Guangdong TCL Smart Home Appliances Co Effective Interest Rate on Debt % Chart

Guangdong TCL Smart Home Appliances Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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7.10

8.43

6.36

6.51

5.18

Guangdong TCL Smart Home Appliances 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															8.16	7.43	3.37	2.17	4.75

Competitive Comparison of Guangdong TCL Smart Home Appliances Co's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Guangdong TCL Smart Home Appliances 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.

Guangdong TCL Smart Home Appliances Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong TCL Smart Home Appliances Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Guangdong TCL Smart Home Appliances Co's Effective Interest Rate on Debt % falls into.

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Guangdong TCL Smart Home Appliances Co Effective Interest Rate on Debt % Calculation

Guangdong TCL Smart Home Appliances 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 * -48.402	/	( (942.116	+	927.707)	/ 2 )
=	-1 * -48.402	/	934.9115
=	5.18 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	274.273	+	667.843
=	942.116

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	245.489	+	682.218
=	927.707

Guangdong TCL Smart Home Appliances 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 * -45.82	/	( (927.707	+	999.756)	/ 2 )
=	-1 * -45.82	/	963.7315
=	4.75 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	245.489	+	682.218
=	927.707

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	250.022	+	749.734
=	999.756

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.

Guangdong TCL Smart Home Appliances Co (SZSE:002668) Effective Interest Rate on Debt % Explanation

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

Guangdong TCL Smart Home Appliances Co Effective Interest Rate on Debt % Related Terms

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Guangdong TCL Smart Home Appliances Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong TCL Smart Home Appliances Co Ltd (SZSE:002668) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

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Address

No. 54 Dongfu North Road, Nantou Town, Guangdong Province, Zhongshan, CHN, 528427

Website

https://www.tclsmarthome.com

Guangdong TCL Smart Home Appliances Co Ltd is a China based company engaged in manufacturing of refrigerators. Its products include combined fridge freezer, double door refrigerator, upright freezer, wine cellar, beverage cooler, mini bar fridge, and under counter fridge, among others.

Executives

Zhao Guo Dong	Secretary, Director
Yu Wei Bao	Executives
Zhang Feng Yi	Independent director
Zhou Jiang Hai	Securities Affairs Representative
Long Yong Xian	Supervisors
Liu Zhan Cheng	Directors, executives
Jiang Wen Hong	Supervisors
Guan Zhi Hua	Executives
Su Dong Ping	Director

Guangdong TCL Smart Home Appliances Co Headlines

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