Bengang Steel Plates Co (SZSE:200761) Effective Interest Rate on Debt % : 2.91% (As of Mar. 2025)

View and export this data going back to 1997. Start your Free Trial

What is Bengang Steel Plates 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. Bengang Steel Plates Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was HK$367 Mil. Bengang Steel Plates Co's average total debt for the quarter that ended in Mar. 2025 was HK$12,633 Mil. Therefore, Bengang Steel Plates Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.91%.

Bengang Steel Plates Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Bengang Steel Plates 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.

Bengang Steel Plates Co Effective Interest Rate on Debt % Chart

Bengang Steel Plates 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

5.24

5.52

4.35

4.00

3.62

Bengang Steel Plates 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															3.95	3.68	3.81	3.11	2.91

Competitive Comparison of Bengang Steel Plates Co's Effective Interest Rate on Debt %

For the Steel subindustry, Bengang Steel Plates 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.

Bengang Steel Plates Co's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bengang Steel Plates Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Bengang Steel Plates Co's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Bengang Steel Plates Co Effective Interest Rate on Debt % Calculation

Bengang Steel Plates 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 * -410.748	/	( (10425.264	+	12275.357)	/ 2 )
=	-1 * -410.748	/	11350.3105
=	3.62 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9316.301	+	1108.963
=	10425.264

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10778.953	+	1496.404
=	12275.357

Bengang Steel Plates 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 * -367.112	/	( (12275.357	+	12989.851)	/ 2 )
=	-1 * -367.112	/	12632.604
=	2.91 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10778.953	+	1496.404
=	12275.357

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11214.317	+	1775.534
=	12989.851

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.

Bengang Steel Plates Co (SZSE:200761) Effective Interest Rate on Debt % Explanation

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

Bengang Steel Plates Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Bengang Steel Plates Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bengang Steel Plates Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bengang Steel Plates Co Ltd (SZSE:200761) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

000761:China

Address

No.16, Renmin Road, Pingshan District, Liaoning Province, Benxi, CHN, 117000

Website

http://www.bxsteel.com

Bengang Steel Plates Co Ltd is an iron and steel smelting company. Its products are applied in automobiles, household appliances, petrochemical engineering, machine manufacturing, energy transportation, architectural decoration, metal parts, and various other industries and are exported to more than 60 countries and regions.

Bengang Steel Plates Co Headlines

No Headlines