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Hangzhou Wensli Silk Culture Co (SZSE:301066) Effective Interest Rate on Debt % : 0.11% (As of Mar. 2025)


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What is Hangzhou Wensli Silk Culture 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. Hangzhou Wensli Silk Culture Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ¥0.1 Mil. Hangzhou Wensli Silk Culture Co's average total debt for the quarter that ended in Mar. 2025 was ¥117.8 Mil. Therefore, Hangzhou Wensli Silk Culture Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 0.11%.


Hangzhou Wensli Silk Culture Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hangzhou Wensli Silk Culture 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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Hangzhou Wensli Silk Culture Co Effective Interest Rate on Debt % Chart

Hangzhou Wensli Silk Culture Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 1.94 3.75 3.70 0.21

Hangzhou Wensli Silk Culture 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 0.53 0.21 0.12 0.24 0.11

Competitive Comparison of Hangzhou Wensli Silk Culture Co's Effective Interest Rate on Debt %

For the Textile Manufacturing subindustry, Hangzhou Wensli Silk Culture 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.


Hangzhou Wensli Silk Culture Co's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hangzhou Wensli Silk Culture Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hangzhou Wensli Silk Culture Co's Effective Interest Rate on Debt % falls into.


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Hangzhou Wensli Silk Culture Co Effective Interest Rate on Debt % Calculation

Hangzhou Wensli Silk Culture 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  *  -0.106/( (3.044+96.136)/ 2 )
=-1  *  -0.106/49.59
=0.21 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.896 + 2.148
=3.044

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=94.223 + 1.913
=96.136

Hangzhou Wensli Silk Culture 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  *  -0.132/( (96.136+139.413)/ 2 )
=-1  *  -0.132/117.7745
=0.11 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=94.223 + 1.913
=96.136

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=138.081 + 1.332
=139.413

* 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.


Hangzhou Wensli Silk Culture Co  (SZSE:301066) Effective Interest Rate on Debt % Explanation

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


Hangzhou Wensli Silk Culture Co Effective Interest Rate on Debt % Related Terms

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Hangzhou Wensli Silk Culture Co Business Description

Traded in Other Exchanges
N/A
Address
No. 68 Tiancheng Road, Room 501, 5th Floor, Building 2, Wanshili Technology Building, Zhejiang Province, Hangzhou, CHN, 310021
Hangzhou Wensli Silk Culture Co Ltd is engaged in the research and development, design, production, and sales of silk related products. It develops high-end silk ornament and silk artworks based on traditional silk fabrics and silk garments. The company's main products can be divided into silk cultural and creative products (own terminal brands) and silk textile products (non-own terminal brands). The silk cultural and creative products with the Wanshili own brand as the core mainly include silk scarves, combination sets, home textiles, branded clothing, scarves, and silk crafts; and the silk textile products provided to women's clothing brands include silk fabrics, OEM clothing, and the digital printing processing services provided to customers by the company.

Hangzhou Wensli Silk Culture Co Headlines

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