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Ji Yao Holding Group Co (SZSE:300108) Effective Interest Rate on Debt % : 12.04% (As of Sep. 2024)


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What is Ji Yao Holding Group 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. Ji Yao Holding Group Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥167.1 Mil. Ji Yao Holding Group Co's average total debt for the quarter that ended in Sep. 2024 was ¥1,387.7 Mil. Therefore, Ji Yao Holding Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 12.04%.


Ji Yao Holding Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Ji Yao Holding Group 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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Ji Yao Holding Group Co Effective Interest Rate on Debt % Chart

Ji Yao Holding Group 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 9.52 7.57 8.69 12.12 10.59

Ji Yao Holding Group 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 13.35 8.84 9.25 13.41 12.04

Competitive Comparison of Ji Yao Holding Group Co's Effective Interest Rate on Debt %

For the Pharmaceutical Retailers subindustry, Ji Yao Holding Group 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.


Ji Yao Holding Group Co's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ji Yao Holding Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ji Yao Holding Group Co's Effective Interest Rate on Debt % falls into.



Ji Yao Holding Group Co Effective Interest Rate on Debt % Calculation

Ji Yao Holding Group 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  *  -157.415/( (1523.857+1448.473)/ 2 )
=-1  *  -157.415/1486.165
=10.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=575.077 + 948.78
=1523.857

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=676.641 + 771.832
=1448.473

Ji Yao Holding Group 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  *  -167.14/( (1387.874+1387.478)/ 2 )
=-1  *  -167.14/1387.676
=12.04 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=676.231 + 711.643
=1387.874

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=676.191 + 711.287
=1387.478

* 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.


Ji Yao Holding Group Co  (SZSE:300108) Effective Interest Rate on Debt % Explanation

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


Ji Yao Holding Group Co Effective Interest Rate on Debt % Related Terms

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Ji Yao Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Huancheng North Road, Jilin Province, Meihekou, CHN, 135000
Ji Yao Holding Group Co Ltd is a China based company involved in the pharmaceutical industry. It offers Chinese and Western medicines in the areas of pediatrics, phlegm and cough, gynecology, cardiovascular and cerebrovascular, antiviral, urinary, anti-inflammatory, gastrointestinal, tonic class, and rheumatoid immunity.
Executives
Dan Bao Hai Director
Ren Wen An Supervisors
Zhang Li Yun Supervisors
You Ke Li Executives
Xin Da Cheng Executives
Lu Zhong Kui Director
Liu Long Executives
Wang De Heng Directors, executives
Zhang Liang Directors, Directors, and Executives
Sun Jun Directors, executives
Zhang Xin Qiang Director

Ji Yao Holding Group Co Headlines

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