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Shenzhen Fine Made Electronics Group Co (SZSE:300671) Effective Interest Rate on Debt % : 2.01% (As of Mar. 2024)


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What is Shenzhen Fine Made Electronics 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. Shenzhen Fine Made Electronics Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥14.5 Mil. Shenzhen Fine Made Electronics Group Co's average total debt for the quarter that ended in Mar. 2024 was ¥721.2 Mil. Therefore, Shenzhen Fine Made Electronics Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.01%.


Shenzhen Fine Made Electronics Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Fine Made Electronics 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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Shenzhen Fine Made Electronics Group Co Effective Interest Rate on Debt % Chart

Shenzhen Fine Made Electronics Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.52 4.89 4.12 5.58 3.57

Shenzhen Fine Made Electronics 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 2.14 2.79 2.61 1.33 2.01

Competitive Comparison of Shenzhen Fine Made Electronics Group Co's Effective Interest Rate on Debt %

For the Semiconductors subindustry, Shenzhen Fine Made Electronics 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.


Shenzhen Fine Made Electronics Group Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shenzhen Fine Made Electronics Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Shenzhen Fine Made Electronics Group Co Effective Interest Rate on Debt % Calculation

Shenzhen Fine Made Electronics Group Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -20.078/( (312.771+813.288)/ 2 )
=-1  *  -20.078/563.0295
=3.57 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62.398 + 250.373
=312.771

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150.019 + 663.269
=813.288

Shenzhen Fine Made Electronics 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  *  -14.5/( (771.641+670.7)/ 2 )
=-1  *  -14.5/721.1705
=2.01 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.61 + 662.031
=771.641

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.574 + 563.126
=670.7

* 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.


Shenzhen Fine Made Electronics Group Co  (SZSE:300671) Effective Interest Rate on Debt % Explanation

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


Shenzhen Fine Made Electronics Group Co Effective Interest Rate on Debt % Related Terms

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Shenzhen Fine Made Electronics Group Co (SZSE:300671) Business Description

Traded in Other Exchanges
N/A
Address
18th Floor, West District, Times Technology Building, Nongyuan Road, Xiangmihu Street, Futian District, Guangdong Province, Shenzhen, CHN, 518048
Shenzhen Fine Made Electronics Group Co Ltd is an integrated circuit design enterprises. It is engaged in the design, research and development, production and operation of high-performance analog and digital-analog hybrid integrated circuits. Its product portfolio comprises power management, LED control and drive, MOSFET class, infrared remote control class and other consumer products.

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