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YLZ Information Technology Co (SZSE:300096) Effective Interest Rate on Debt % : 4.84% (As of Mar. 2024)


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What is YLZ Information Technology 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. YLZ Information Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0.5 Mil. YLZ Information Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥10.8 Mil. Therefore, YLZ Information Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.84%.


YLZ Information Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for YLZ Information Technology 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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YLZ Information Technology Co Effective Interest Rate on Debt % Chart

YLZ Information Technology 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 5.98 5.79 6.54 6.10 4.20

YLZ Information Technology 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 4.16 3.51 4.71 12.74 4.84

Competitive Comparison of YLZ Information Technology Co's Effective Interest Rate on Debt %

For the Software - Application subindustry, YLZ Information Technology 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.


YLZ Information Technology Co's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, YLZ Information Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where YLZ Information Technology Co's Effective Interest Rate on Debt % falls into.



YLZ Information Technology Co Effective Interest Rate on Debt % Calculation

YLZ Information Technology 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  *  -3.72/( (166.132+10.949)/ 2 )
=-1  *  -3.72/88.5405
=4.20 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.829 + 154.303
=166.132

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.945 + 4.004
=10.949

YLZ Information Technology 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  *  -0.524/( (10.949+10.717)/ 2 )
=-1  *  -0.524/10.833
=4.84 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.945 + 4.004
=10.949

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.369 + 4.348
=10.717

* 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.


YLZ Information Technology Co  (SZSE:300096) Effective Interest Rate on Debt % Explanation

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


YLZ Information Technology Co Effective Interest Rate on Debt % Related Terms

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YLZ Information Technology Co (SZSE:300096) Business Description

Traded in Other Exchanges
N/A
Address
Huandao Road, Zhenzhu Software, Suite B, 5/f, Kexin Building, Par, Xiamen, CHN, 361005
YLZ Information Technology Co Ltd provides information services for livelihood industries in China. It offers its solutions in the areas of human resources, social security, health, financial, housing, education, and energy saving and environmental protection industries.
Executives
Huang Wen Can Directors, executives
Shi Xue Lian Supervisors
Wu Yi Yu Directors, executives
Zhang Xi Director
Shi Jian An Executives
Lei Biao Directors, executives
Huang Bang Jie Supervisors
Wu Wen Fei Executives
Gu Pei Jian Director
Zheng Ren Gui Executives

YLZ Information Technology Co (SZSE:300096) Headlines

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