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Tsann Kuen (China) Enterprise Co (SZSE:200512) Effective Interest Rate on Debt % : 5.24% (As of Mar. 2024)


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What is Tsann Kuen (China) Enterprise 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. Tsann Kuen (China) Enterprise Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was HK$23 Mil. Tsann Kuen (China) Enterprise Co's average total debt for the quarter that ended in Mar. 2024 was HK$442 Mil. Therefore, Tsann Kuen (China) Enterprise Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.24%.


Tsann Kuen (China) Enterprise Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Tsann Kuen (China) Enterprise 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.

Tsann Kuen (China) Enterprise Co Effective Interest Rate on Debt % Chart

Tsann Kuen (China) Enterprise 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 8.84 0.07 4.68 4.90 5.51

Tsann Kuen (China) Enterprise 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 5.27 5.01 4.95 5.61 5.24

Competitive Comparison of Tsann Kuen (China) Enterprise Co's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, Tsann Kuen (China) Enterprise 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.


Tsann Kuen (China) Enterprise Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tsann Kuen (China) Enterprise Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tsann Kuen (China) Enterprise Co's Effective Interest Rate on Debt % falls into.



Tsann Kuen (China) Enterprise Co Effective Interest Rate on Debt % Calculation

Tsann Kuen (China) Enterprise 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  *  -28.576/( (607.878+429.913)/ 2 )
=-1  *  -28.576/518.8955
=5.51 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=597.276 + 10.602
=607.878

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=428.947 + 0.966
=429.913

Tsann Kuen (China) Enterprise 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  *  -23.176/( (429.913+454.281)/ 2 )
=-1  *  -23.176/442.097
=5.24 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=428.947 + 0.966
=429.913

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=430.161 + 24.12
=454.281

* 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.


Tsann Kuen (China) Enterprise Co  (SZSE:200512) Effective Interest Rate on Debt % Explanation

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


Tsann Kuen (China) Enterprise Co Effective Interest Rate on Debt % Related Terms

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Tsann Kuen (China) Enterprise Co (SZSE:200512) Business Description

Traded in Other Exchanges
N/A
Address
TSANN KUEN Industrial Park, Taiwanese Investment Zone, Fujian Province, Zhangzhou, CHN, 363107
Tsann Kuen (China) Enterprise Co Ltd is a company that develops and manufactures household appliances, electronics, light industrial products and, modern office supplies. Its operating segments are Small home appliance manufacturing and Other services. The product categories include Cooking utensils, Everyday home appliances, Tea and coffee makers, and other products and services. Geographically the company operates in Australia, Africa, America, Europe, and Asia, of which prime revenue is derived from America. The majority of its revenue is generated through the Small home appliance manufacturing segment.

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