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CSG Smart Science and Technology Co (SZSE:300222) Effective Interest Rate on Debt % : 2.61% (As of Mar. 2024)


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What is CSG Smart Science and 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. CSG Smart Science and Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥15 Mil. CSG Smart Science and Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥561 Mil. Therefore, CSG Smart Science and Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.61%.


CSG Smart Science and Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for CSG Smart Science and 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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CSG Smart Science and Technology Co Effective Interest Rate on Debt % Chart

CSG Smart Science and 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 5.24 3.09 4.61 4.04 3.79

CSG Smart Science and 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 3.44 3.68 5.46 1.45 2.61

Competitive Comparison of CSG Smart Science and Technology Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, CSG Smart Science and 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.


CSG Smart Science and Technology Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where CSG Smart Science and Technology Co's Effective Interest Rate on Debt % falls into.



CSG Smart Science and Technology Co Effective Interest Rate on Debt % Calculation

CSG Smart Science and 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  *  -24.435/( (695.813+594.516)/ 2 )
=-1  *  -24.435/645.1645
=3.79 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=188.47 + 507.343
=695.813

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=173.814 + 420.702
=594.516

CSG Smart Science and 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  *  -14.616/( (594.516+527.045)/ 2 )
=-1  *  -14.616/560.7805
=2.61 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=173.814 + 420.702
=594.516

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=125.251 + 401.794
=527.045

* 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.


CSG Smart Science and Technology Co  (SZSE:300222) Effective Interest Rate on Debt % Explanation

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


CSG Smart Science and Technology Co Effective Interest Rate on Debt % Related Terms

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CSG Smart Science and Technology Co (SZSE:300222) Business Description

Traded in Other Exchanges
N/A
Address
No. 456, Bibo Road, Zhangjiang High Tech, Pudong District, Shanghai, CHN, 201203
CSG Smart Science and Technology Co Ltd is engaged in the manufacturing of high-end equipment and smart distribution networks in China. It primarily focuses on improving the product quality, enhancing work safety, and reducing energy consumption and environmental pollution for customers in such areas as automaking, new energy, electrical equipment, rail transportation, and the war industry. It offers smart factory total solution to enhance production efficiency, welding products, intelligent logistics products, various other Service and special robots. Geographically it operates through China.
Executives
Yang Rui Jun Director
Zhang Bin Supervisors
Lu Ying Directors, executives
Wang Jia Lun Securities Affairs Representative
Mu Jun Bai Directors, executives
Ren Jian Fu Supervisors
Liu Xiao Jing Supervisors
Pan Jin Ping Executives
Chen Jian Director
Yao Yao Directors, executives
Xu Cong Wei Independent director
Huang Ming Song Directors, executives
Wang Ting Ting Supervisors
Lu Bing Director
Tao Wei Qing Supervisors

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