Fengzhushou Co (SZSE:301382) Effective Interest Rate on Debt % : 4.28% (As of Mar. 2024)

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What is Fengzhushou 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. Fengzhushou Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥10 Mil. Fengzhushou Co's average total debt for the quarter that ended in Mar. 2024 was ¥222 Mil. Therefore, Fengzhushou Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.28%.

Fengzhushou Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Fengzhushou 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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Fengzhushou Co Effective Interest Rate on Debt % Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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144.00

77.39

43.00

5.05

5.33

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														4.26	4.67	3.58	3.84	4.28

Competitive Comparison of Fengzhushou Co's Effective Interest Rate on Debt %

For the Software - Application subindustry, Fengzhushou 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.

Fengzhushou Co's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Fengzhushou Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fengzhushou Co's Effective Interest Rate on Debt % falls into.

Fengzhushou Co Effective Interest Rate on Debt % Calculation

Fengzhushou 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 * -10.863	/	( (242.631	+	165.259)	/ 2 )
=	-1 * -10.863	/	203.945
=	5.33 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	38.22	+	204.411
=	242.631

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	60.676	+	104.583
=	165.259

Fengzhushou 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 * -9.52	/	( (165.259	+	279.349)	/ 2 )
=	-1 * -9.52	/	222.304
=	4.28 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	60.676	+	104.583
=	165.259

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	47.828	+	231.521
=	279.349

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.

Fengzhushou Co (SZSE:301382) Effective Interest Rate on Debt % Explanation

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

Fengzhushou Co Effective Interest Rate on Debt % Related Terms

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Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » Effective Interest Rate on Debt %

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Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

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