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Nsfocus Technologies Group Co (SZSE:300369) Effective Interest Rate on Debt % : 5.68% (As of Mar. 2024)


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What is Nsfocus Technologies 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. Nsfocus Technologies Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥24 Mil. Nsfocus Technologies Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥422 Mil. Therefore, Nsfocus Technologies Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.68%.


Nsfocus Technologies Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Nsfocus Technologies 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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Nsfocus Technologies Group Co Effective Interest Rate on Debt % Chart

Nsfocus Technologies 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 3.83 2.09 4.18 4.42 3.14

Nsfocus Technologies Group 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 5.95 3.24 0.83 5.67 5.68

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

For the Software - Infrastructure subindustry, Nsfocus Technologies 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.


Nsfocus Technologies Group Co's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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



Nsfocus Technologies Group Co Effective Interest Rate on Debt % Calculation

Nsfocus Technologies 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  *  -7.673/( (109.927+378.642)/ 2 )
=-1  *  -7.673/244.2845
=3.14 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.146 + 77.781
=109.927

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.524 + 345.118
=378.642

Nsfocus Technologies Group 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  *  -23.948/( (378.642+464.506)/ 2 )
=-1  *  -23.948/421.574
=5.68 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.524 + 345.118
=378.642

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.368 + 435.138
=464.506

* 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.


Nsfocus Technologies Group Co  (SZSE:300369) Effective Interest Rate on Debt % Explanation

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


Nsfocus Technologies Group Co Effective Interest Rate on Debt % Related Terms

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Nsfocus Technologies Group Co (SZSE:300369) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Beibei Road, 5th Floor, Yitai Building, Haidian District, Beijing, CHN, 100089
Nsfocus Technologies Group Co Ltd is a China based internet and application security company. It offers enterprise-level network security solutions and services. The products offered by the company are Anti-DDoS system, Cloud DDoS protection service, Threat intelligence subscription service, Web application firewall, and Web vulnerability scanning system. In addition, it also offers solutions such as cloud DDoS defenses, on-premises DDoS defenses, Hybrid DDoS defenses, global threat intelligence, among others. The company has a business presence in China and other international countries.
Executives
Shen Ji Ye Director
Zhao Liang Executives
Li Lu Supervisors
Du Yan Ying Securities Affairs Representative
Li Hong Directors, Directors, and Executives
Chen Ke Executives
Ye Xiao Hu Executives

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