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Beijing Oriental Jicheng Co (SZSE:002819) Effective Interest Rate on Debt % : 3.78% (As of Sep. 2024)


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What is Beijing Oriental Jicheng 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. Beijing Oriental Jicheng Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥6 Mil. Beijing Oriental Jicheng Co's average total debt for the quarter that ended in Sep. 2024 was ¥152 Mil. Therefore, Beijing Oriental Jicheng Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.78%.


Beijing Oriental Jicheng Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Beijing Oriental Jicheng 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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Beijing Oriental Jicheng Co Effective Interest Rate on Debt % Chart

Beijing Oriental Jicheng 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 5.61 3.55 4.01 2.84 4.82

Beijing Oriental Jicheng Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.03 7.05 4.18 4.80 3.78

Competitive Comparison of Beijing Oriental Jicheng Co's Effective Interest Rate on Debt %

For the Electronics & Computer Distribution subindustry, Beijing Oriental Jicheng 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.


Beijing Oriental Jicheng Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Oriental Jicheng Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Beijing Oriental Jicheng Co's Effective Interest Rate on Debt % falls into.



Beijing Oriental Jicheng Co Effective Interest Rate on Debt % Calculation

Beijing Oriental Jicheng 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  *  -7.747/( (164.607+156.521)/ 2 )
=-1  *  -7.747/160.564
=4.82 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.623 + 108.984
=164.607

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.892 + 119.629
=156.521

Beijing Oriental Jicheng Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  -5.764/( (151.727+152.901)/ 2 )
=-1  *  -5.764/152.314
=3.78 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.166 + 123.561
=151.727

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.062 + 123.839
=152.901

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


Beijing Oriental Jicheng Co  (SZSE:002819) Effective Interest Rate on Debt % Explanation

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


Beijing Oriental Jicheng Co Effective Interest Rate on Debt % Related Terms

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Beijing Oriental Jicheng Co Business Description

Traded in Other Exchanges
N/A
Address
No. 67, Fucheng Road, Yindu Building, Haidian District, Beijing, CHN, 100034
Beijing Oriental Jicheng Co Ltd operates as an integrated service provider in the field of electronic test and measurement in China. Its products include power supply, digital multimeter, signal generator, electronic load, data collector and switch, wireless device tester, semiconductor and solar cell testing equipment, calibrator, and analyzer instruments.
Executives
Zheng Da Wei Directors, executives
Chen Yi Gang Executives
Wang Ge Director
Zheng Peng Executives
Wu Xu Executives
Xiao Jia Zhong Supervisors
Yan Li Directors, executives
Chang Hong Directors, executives

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