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Jiangsu Jujie Microfibers Textile Group Co (SZSE:300819) Effective Interest Rate on Debt % : 1.02% (As of Mar. 2025)


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What is Jiangsu Jujie Microfibers Textile 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. Jiangsu Jujie Microfibers Textile Group Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥0.2 Mil. Jiangsu Jujie Microfibers Textile Group Co's average total debt for the quarter that ended in Mar. 2025 was ¥15.0 Mil. Therefore, Jiangsu Jujie Microfibers Textile Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 1.02%.


Jiangsu Jujie Microfibers Textile Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Jiangsu Jujie Microfibers Textile 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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Jiangsu Jujie Microfibers Textile Group Co Effective Interest Rate on Debt % Chart

Jiangsu Jujie Microfibers Textile Group 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 5.50 1.37 2.42 5.04 1.36

Jiangsu Jujie Microfibers Textile Group 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 2.76 -1.47 3.88 3.67 1.02

Competitive Comparison of Jiangsu Jujie Microfibers Textile Group Co's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Jiangsu Jujie Microfibers Textile 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.


Jiangsu Jujie Microfibers Textile Group Co's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiangsu Jujie Microfibers Textile Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Jiangsu Jujie Microfibers Textile Group Co Effective Interest Rate on Debt % Calculation

Jiangsu Jujie Microfibers Textile Group 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  *  -0.523/( (51.888+24.963)/ 2 )
=-1  *  -0.523/38.4255
=1.36 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 51.888
=51.888

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 24.963
=24.963

Jiangsu Jujie Microfibers Textile Group 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  *  -0.152/( (24.963+4.962)/ 2 )
=-1  *  -0.152/14.9625
=1.02 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 24.963
=24.963

* 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.


Jiangsu Jujie Microfibers Textile Group Co  (SZSE:300819) Effective Interest Rate on Debt % Explanation

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


Jiangsu Jujie Microfibers Textile Group Co Effective Interest Rate on Debt % Related Terms

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Jiangsu Jujie Microfibers Textile Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68, Traffic Road, Southern suburb of Batu Town, Songling Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215222
Jiangsu Jujie Microfibers Textile Group Co Ltd is engaged in production and sales of superfine composite fiber fabrics and finished products. The company's fiber fabrics are used in sports, fashion, manufacturing dust free and clean cloth, home textile fabric, and airbags.

Jiangsu Jujie Microfibers Textile Group Co Headlines

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