East Group Co (SZSE:300376) Effective Interest Rate on Debt % : 8.25% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is East 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. East Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥135 Mil. East Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥1,643 Mil. Therefore, East Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.25%.

East Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for East 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.

East Group Co Effective Interest Rate on Debt % Chart

East 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

11.99

10.56

9.58

9.56

8.60

East 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															8.88	5.59	6.64	11.45	8.25

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

For the Electrical Equipment & Parts subindustry, East 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.

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

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

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

East Group Co Effective Interest Rate on Debt % Calculation

East 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 * -178.724	/	( (2558.553	+	1596.159)	/ 2 )
=	-1 * -178.724	/	2077.356
=	8.60 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1113.448	+	1445.105
=	2558.553

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1301.523	+	294.636
=	1596.159

East 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 * -135.468	/	( (1596.159	+	1689.565)	/ 2 )
=	-1 * -135.468	/	1642.862
=	8.25 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1301.523	+	294.636
=	1596.159

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1355.317	+	334.248
=	1689.565

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.

East Group Co (SZSE:300376) Effective Interest Rate on Debt % Explanation

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

East Group Co Effective Interest Rate on Debt % Related Terms

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

East Group Co (SZSE:300376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » East Group Co Ltd (SZSE:300376) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 6 Northern Industry Road, Songshan lake, Science and Technology Industrial Park, Dongguan, CHN, 523808

Website

http://www.eastups.com

East Group Co Ltd operates as a power supply manufacturer in China. It focuses on providing green, energy-saving, stable, reliable and continuous power supplies. The products offered by the group include Solar inverters & Solar PV energy solutions, UPS & Data center solutions, Electric vehicle charging station, Stabilizer and Lead-acid maintenance-free battery. Geographically it operates through China and it holds more than 200 representative offices around China. The company's products are sold in both Chinese and international markets.

Executives

Dai Bao Feng	Director
Zhang Tao	Executives
Xu Hai Bo	Directors, executives
Zhang Shun Jiang	Executives
Yu Wei	Directors, executives
He Jia	Director
Shi Xiao Li	Supervisors
He Si Mo	Directors, executives
Zhao Jiu Hong	Directors, executives
Yang Qin	Supervisors
Chen Yong Hua	Executives
Sun Xiao Ling	Supervisors

East Group Co (SZSE:300376) Headlines

No Headlines