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Dongguan Mentech Optical & Magnetic Co (SZSE:002902) Effective Interest Rate on Debt % : 4.15% (As of Mar. 2025)


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What is Dongguan Mentech Optical & Magnetic 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. Dongguan Mentech Optical & Magnetic Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥30 Mil. Dongguan Mentech Optical & Magnetic Co's average total debt for the quarter that ended in Mar. 2025 was ¥732 Mil. Therefore, Dongguan Mentech Optical & Magnetic Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.15%.


Dongguan Mentech Optical & Magnetic Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Dongguan Mentech Optical & Magnetic 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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Dongguan Mentech Optical & Magnetic Co Effective Interest Rate on Debt % Chart

Dongguan Mentech Optical & Magnetic 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 2.96 4.39 6.02 6.20 3.63

Dongguan Mentech Optical & Magnetic 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 3.79 3.99 3.40 3.17 4.15

Competitive Comparison of Dongguan Mentech Optical & Magnetic Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Dongguan Mentech Optical & Magnetic 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.


Dongguan Mentech Optical & Magnetic Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Dongguan Mentech Optical & Magnetic Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dongguan Mentech Optical & Magnetic Co's Effective Interest Rate on Debt % falls into.


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Dongguan Mentech Optical & Magnetic Co Effective Interest Rate on Debt % Calculation

Dongguan Mentech Optical & Magnetic 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  *  -24.85/( (692.196+676.546)/ 2 )
=-1  *  -24.85/684.371
=3.63 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.519 + 570.677
=692.196

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=136.084 + 540.462
=676.546

Dongguan Mentech Optical & Magnetic 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  *  -30.376/( (676.546+787.55)/ 2 )
=-1  *  -30.376/732.048
=4.15 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=136.084 + 540.462
=676.546

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=180.782 + 606.768
=787.55

* 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.


Dongguan Mentech Optical & Magnetic Co  (SZSE:002902) Effective Interest Rate on Debt % Explanation

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


Dongguan Mentech Optical & Magnetic Co Effective Interest Rate on Debt % Related Terms

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Dongguan Mentech Optical & Magnetic Co Business Description

Traded in Other Exchanges
N/A
Address
No. 157, Shipai Section, Dongyuan Avenue, Building 1, Guangdong Province, Shipai Town, Dongguan, CHN, 523330
Dongguan Mentech Optical & Magnetic Co Ltd is engaged in the research and development and manufacturing of magnetic and optical components and modules. The company has three key product lines: magnetic components, optical components and modules and new energy power supply systems. Its products are widely used in the access network, backbone, metro, fibre optic switches, fibre optic transceivers, digital television, optical communication, motherboards, network switches, routers, set-top boxes and network data communication industries. The company has an operational presence across Beijing, Hong Kong, Taiwan, USA, and Korea.
Executives
Chen Cong Executives
Yang Xian Yong Director
Yang Zhong Directors, executives
Yang Xun Wen Executives
Qian Yin Bo Executives
Li Jing Zhou Directors, executives
Yang Xian Jin Director
Ye Zi Hong Supervisors

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