GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Masterwork Group Co Ltd (SZSE:300195) » Definitions » Effective Interest Rate on Debt %

Masterwork Group Co (SZSE:300195) Effective Interest Rate on Debt % : 3.13% (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Masterwork 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. Masterwork Group Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was ¥77 Mil. Masterwork Group Co's average total debt for the quarter that ended in Sep. 2024 was ¥2,460 Mil. Therefore, Masterwork Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.13%.


Masterwork Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Masterwork 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.

* Premium members only.

Masterwork Group Co Effective Interest Rate on Debt % Chart

Masterwork 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 3.00 4.60 4.06 3.56 3.61

Masterwork 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 3.20 5.03 2.39 2.68 3.13

Competitive Comparison of Masterwork Group Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Masterwork 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.


Masterwork Group Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Masterwork Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Masterwork Group Co Effective Interest Rate on Debt % Calculation

Masterwork 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  *  -94.086/( (2643.577+2561.9)/ 2 )
=-1  *  -94.086/2602.7385
=3.61 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1430.732 + 1212.845
=2643.577

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1044.385 + 1517.515
=2561.9

Masterwork 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  *  -76.948/( (2462.364+2457.055)/ 2 )
=-1  *  -76.948/2459.7095
=3.13 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1213.915 + 1248.449
=2462.364

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1445.452 + 1011.603
=2457.055

* 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.


Masterwork Group Co  (SZSE:300195) Effective Interest Rate on Debt % Explanation

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


Masterwork Group Co Effective Interest Rate on Debt % Related Terms

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


Masterwork Group Co Business Description

Traded in Other Exchanges
N/A
Address
20 Shuangchuan Road, Beichen Economic Development Area, Tianjin, CHN, 300400
Masterwork Group Co Ltd is a manufacturer of print finishing equipment in China. It produces a series of equipment including high-precision high-speed automatic die cutting machine, high-precision automatic platen foil stamping and dies cutting machine with hologram system, high-speed automatic folding and gluing machine, digital quality inspection machine, digital ink jet printing machine, web-fed foil stamping/die cutting combination machine.
Executives
Zhu Da Ping Executives
Shen Zhi Hai Executives
Li Li Directors, executives
Zhu Hui Director
Wang Yu Xin Executives
Sun Xiang Lin Executives
Qiu Cheng Supervisors
Li Dong Hui Directors, executives
Zhao Tie Liu Director

Masterwork Group Co Headlines

No Headlines