GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Senior Technology Material Co Ltd (SZSE:300568) » Definitions » Effective Interest Rate on Debt %

Shenzhen Senior Technology Material Co (SZSE:300568) Effective Interest Rate on Debt % : 1.82% (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is Shenzhen Senior Technology Material 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. Shenzhen Senior Technology Material Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥191 Mil. Shenzhen Senior Technology Material Co's average total debt for the quarter that ended in Mar. 2025 was ¥10,523 Mil. Therefore, Shenzhen Senior Technology Material Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.82%.


Shenzhen Senior Technology Material Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Senior Technology Material 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.

Shenzhen Senior Technology Material Co Effective Interest Rate on Debt % Chart

Shenzhen Senior Technology Material 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 1.21 3.52 1.90 1.56 1.23

Shenzhen Senior Technology Material 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 1.42 1.77 1.69 0.37 1.82

Competitive Comparison of Shenzhen Senior Technology Material Co's Effective Interest Rate on Debt %

For the Chemicals subindustry, Shenzhen Senior Technology Material 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.


Shenzhen Senior Technology Material Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenzhen Senior Technology Material Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shenzhen Senior Technology Material Co's Effective Interest Rate on Debt % falls into.


;
;

Shenzhen Senior Technology Material Co Effective Interest Rate on Debt % Calculation

Shenzhen Senior Technology Material 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  *  -96.757/( (5563.769+10221.089)/ 2 )
=-1  *  -96.757/7892.429
=1.23 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2960.959 + 2602.81
=5563.769

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6097.376 + 4123.713
=10221.089

Shenzhen Senior Technology Material 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  *  -191.04/( (10221.089+10824.407)/ 2 )
=-1  *  -191.04/10522.748
=1.82 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6097.376 + 4123.713
=10221.089

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6258.784 + 4565.623
=10824.407

* 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.


Shenzhen Senior Technology Material Co  (SZSE:300568) Effective Interest Rate on Debt % Explanation

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


Shenzhen Senior Technology Material Co Effective Interest Rate on Debt % Related Terms

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


Shenzhen Senior Technology Material Co Business Description

Traded in Other Exchanges
N/A
Address
North of Tianyuan Road, Gongming Office, Guangming District, Guangdong Province, Shenzhen, CHN, 518106
Shenzhen Senior Technology Material Co Ltd is operating in the lithium battery separator industry. The company is mainly focused on the research, development, production, sales and service of lithium battery separators. The company's product portfolio includes SQ's high strength dry process, SW's wet process, SH's ceramic coating Products and SJ's polymer coating. Its products are widely used in new energy vehicles, digital products, energy storage power stations, aerospace, electric tools and other fields.
Executives
Chen Xiu Feng Directors, executives
Wang Chang Hong Directors, executives
Chen Liang Directors, executives
Han Xue Song Director
Zhang Sheng Executives

Shenzhen Senior Technology Material Co Headlines

No Headlines