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Sichuan Dawn Precision Technology Co (SZSE:300780) Effective Interest Rate on Debt % : 3.48% (As of Mar. 2024)


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What is Sichuan Dawn Precision Technology 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. Sichuan Dawn Precision Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥23.3 Mil. Sichuan Dawn Precision Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥670.7 Mil. Therefore, Sichuan Dawn Precision Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.48%.


Sichuan Dawn Precision Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sichuan Dawn Precision Technology 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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Sichuan Dawn Precision Technology Co Effective Interest Rate on Debt % Chart

Sichuan Dawn Precision Technology 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 8.14 4.24 3.09 4.19 3.71

Sichuan Dawn Precision Technology 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 3.44 4.55 3.72 3.86 3.48

Competitive Comparison of Sichuan Dawn Precision Technology Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Sichuan Dawn Precision Technology 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.


Sichuan Dawn Precision Technology Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sichuan Dawn Precision Technology Co's Effective Interest Rate on Debt % falls into.



Sichuan Dawn Precision Technology Co Effective Interest Rate on Debt % Calculation

Sichuan Dawn Precision Technology 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  *  -24.991/( (698.039+647.901)/ 2 )
=-1  *  -24.991/672.97
=3.71 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=341.747 + 356.292
=698.039

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=284.33 + 363.571
=647.901

Sichuan Dawn Precision Technology 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  *  -23.312/( (647.901+693.561)/ 2 )
=-1  *  -23.312/670.731
=3.48 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=284.33 + 363.571
=647.901

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=286.016 + 407.545
=693.561

* 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.


Sichuan Dawn Precision Technology Co  (SZSE:300780) Effective Interest Rate on Debt % Explanation

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


Sichuan Dawn Precision Technology Co Effective Interest Rate on Debt % Related Terms

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Sichuan Dawn Precision Technology Co (SZSE:300780) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Zhuyi Avenue, Qingshen County, Sichuan Province, Meishan, CHN, 620460
Sichuan Dawn Precision Technology Co Ltd is engaged in the production of casting forging, machining, heat treatment, assembly and packaging. It offers large-scale application of industrial robots, intelligent equipment, intelligent transportation, intelligent warehouse Key technologies of intelligent manufacturing such as information technology, digital technology, equipment data acquisition, large-scale customized production, export of European standard, American standard, Japanese standard, national standard pulley, gear, sprocket, timing belt pulley, coupling, cone Standard mechanical transmission parts such as sleeves, expansion sleeves, geared motors, industrial belts, as well as complete sets of equipment and related parts and components.
Executives
Lei Yong Qiang Director
Li Xi Yun Executives
Xie Long De Directors, executives
Lei Yu Fei Director
Gou Xia Hong Supervisors
Lei Yong Zhi Directors, executives
Wang Fu Min Director

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