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UTour Group Co (SZSE:002707) Effective Interest Rate on Debt % : 8.13% (As of Mar. 2024)


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What is UTour Group 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. UTour Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥31 Mil. UTour Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥379 Mil. Therefore, UTour Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.13%.


UTour Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for UTour Group 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.

UTour Group Co Effective Interest Rate on Debt % Chart

UTour Group 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 5.78 5.85 5.89 8.72 6.90

UTour Group Co 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 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 6.59 6.47 7.37 6.98 8.13

Competitive Comparison of UTour Group Co's Effective Interest Rate on Debt %

For the Travel Services subindustry, UTour Group 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.


UTour Group Co's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, UTour Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where UTour Group Co's Effective Interest Rate on Debt % falls into.



UTour Group Co Effective Interest Rate on Debt % Calculation

UTour Group 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  *  -36.175/( (591.628+456.331)/ 2 )
=-1  *  -36.175/523.9795
=6.90 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.524 + 547.104
=591.628

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.282 + 435.049
=456.331

UTour Group Co'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  *  -30.804/( (456.331+301.401)/ 2 )
=-1  *  -30.804/378.866
=8.13 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.282 + 435.049
=456.331

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.421 + 294.98
=301.401

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


UTour Group Co  (SZSE:002707) Effective Interest Rate on Debt % Explanation

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


UTour Group Co Effective Interest Rate on Debt % Related Terms

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UTour Group Co (SZSE:002707) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Chaoyang Park Road, West 2nd Gate, Chaoyang Park, Chaoyang District, Beijing, CHN, 100125
UTour Group Co Ltd is a Chinese company operating as a travel agency. It operates a professional travel service e-commerce website, provides tourists with team travel, hotel reservations, and membership services. The company is mainly engaged in outbound travel wholesale, outbound travel retail, integrated marketing services, long-distance outbound travels in various countries.
Executives
Feng Bin Directors, executives
Zhang Yi Man Directors, executives
Wang Chun Feng Executives
Guo Hong Bin Director
Wang Wei Wei Supervisors
Han Li Directors, executives
Cao Jian Directors, executives
Zhang Lei Executives
Zhao Rui Executives
Li Hong Xiu Supervisors
Du Zheng Tai Executives
Wang Feng Secretary Dong
Hu Ping Securities Affairs Representative
Lin Yan Directors, executives
He Jing Directors, executives

UTour Group Co (SZSE:002707) Headlines

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