GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhangjiagang Furui Special Equipment Co Ltd (SZSE:300228) » Definitions » Effective Interest Rate on Debt %

Zhangjiagang Furui Special Equipment Co (SZSE:300228) Effective Interest Rate on Debt % : 2.75% (As of Mar. 2025)


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

What is Zhangjiagang Furui Special Equipment 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. Zhangjiagang Furui Special Equipment Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥5 Mil. Zhangjiagang Furui Special Equipment Co's average total debt for the quarter that ended in Mar. 2025 was ¥166 Mil. Therefore, Zhangjiagang Furui Special Equipment Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 2.75%.


Zhangjiagang Furui Special Equipment Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Zhangjiagang Furui Special Equipment 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.

Zhangjiagang Furui Special Equipment Co Effective Interest Rate on Debt % Chart

Zhangjiagang Furui Special Equipment 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 Premium Member Only Premium Member Only 4.66 4.73 4.41 4.89 3.71

Zhangjiagang Furui Special Equipment 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 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 3.37 3.28 5.80 0.63 2.75

Competitive Comparison of Zhangjiagang Furui Special Equipment Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Zhangjiagang Furui Special Equipment 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.


Zhangjiagang Furui Special Equipment Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhangjiagang Furui Special Equipment Co's Effective Interest Rate on Debt % falls into.


;
;

Zhangjiagang Furui Special Equipment Co Effective Interest Rate on Debt % Calculation

Zhangjiagang Furui Special Equipment 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  *  -9.722/( (350.791+172.957)/ 2 )
=-1  *  -9.722/261.874
=3.71 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.685 + 330.106
=350.791

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.404 + 146.553
=172.957

Zhangjiagang Furui Special Equipment 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  *  -4.556/( (172.957+158.475)/ 2 )
=-1  *  -4.556/165.716
=2.75 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=26.404 + 146.553
=172.957

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25.382 + 133.093
=158.475

* 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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Zhangjiagang Furui Special Equipment Co  (SZSE:300228) Effective Interest Rate on Debt % Explanation

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


Zhangjiagang Furui Special Equipment Co Effective Interest Rate on Debt % Related Terms

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


Zhangjiagang Furui Special Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Chen 19 New Road, Yangshe Town, Zhangjiagang City, Jiangsu Province, CHN, 215637
Zhangjiagang Furui Special Equipment Co Ltd is engaged in the design and manufacture of the one-stop integrated solution of natural gas liquefaction, storage, transportation, loading, and unloading as well as the terminal application; and non-standard heavy-duty pressure vessels, vehicle motors remanufacturing, hydrogen Energy equipments and IOT (Internet of Things) of LNG industry.
Executives
Wu Pin Fang Director
Yu Qing Qing Securities Affairs Representative
Huang Feng Directors, executives
Zhang Jian Zhong Executives
Jiang Yan Executives
Yin Jin Song Executives
Meng Wei Hua Executives
Xu Xue Hao Executives
Zhang Bo Executives
Guo Jing Juan Independent director
Zhou Jian Lin Executives
Xu Jun Jie Executives
Wu Xin Hua Executives
Peng Jun Chou Executives
Wu Qi Ming Supervisors

Zhangjiagang Furui Special Equipment Co Headlines

No Headlines