Haoyun Technologies Co (SZSE:300448) Effective Interest Rate on Debt % : 4.77% (As of Mar. 2024)

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What is Haoyun Technologies 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. Haoyun Technologies Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0.1 Mil. Haoyun Technologies Co's average total debt for the quarter that ended in Mar. 2024 was ¥1.5 Mil. Therefore, Haoyun Technologies Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.77%.

Haoyun Technologies Co Effective Interest Rate on Debt % Historical Data

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

Haoyun Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.34

3.91

4.45

8.57

4.71

Haoyun Technologies 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															4.69	4.78	4.68	4.60	4.77

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

For the Security & Protection Services subindustry, Haoyun Technologies 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.

Haoyun Technologies Co's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Haoyun Technologies Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Haoyun Technologies Co Effective Interest Rate on Debt % Calculation

Haoyun Technologies 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 * -0.087	/	( (2.11	+	1.582)	/ 2 )
=	-1 * -0.087	/	1.846
=	4.71 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.581	+	0.529
=	2.11

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.997	+	0.585
=	1.582

Haoyun Technologies 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 * -0.072	/	( (1.582	+	1.438)	/ 2 )
=	-1 * -0.072	/	1.51
=	4.77 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.997	+	0.585
=	1.582

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.846	+	0.592
=	1.438

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.

Haoyun Technologies Co (SZSE:300448) Effective Interest Rate on Debt % Explanation

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

Haoyun Technologies Co Effective Interest Rate on Debt % Related Terms

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Haoyun Technologies Co (SZSE:300448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Haoyun Technologies Co Ltd (SZSE:300448) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Room 102, Building 22, Donghuan Street, Tianan Headquarters Center, No. 555, North Panyu Avenue, Panyu District, Guangdong, Guangzhou, CHN, 511400

Website

http://www.haoyuntech.com

Haoyun Technologies Co Ltd is engaged in providing security solutions. The company offers services in the field of public security, justice, prison, education, transportation, and border inspection. The products of the company include a camera, display and control, storage products, access control products, transmission products, smart products, voice intercom products, and physical protection.

Executives

Xu Biao	Executives
Mao Qing Jiang	Director
Lei Hong Wen	Directors, executives
Chen Pian	Directors, executives
Yuan Xiao Kang	Executives
Yu Yang	Independent director
Wang Han Hui	Executives
Chen Wen Fang	Supervisors
Peng Yan Jun	Securities Affairs Representative
Huang Yang	Director
Long Zhong Sheng	Executives

Haoyun Technologies Co (SZSE:300448) Headlines

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