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XIAXF (Xiabuxiabu Catering Management (China) Hldgs Co) Effective Interest Rate on Debt % : 6.08% (As of Jun. 2024)


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What is Xiabuxiabu Catering Management (China) Hldgs 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. Xiabuxiabu Catering Management (China) Hldgs Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $12.3 Mil. Xiabuxiabu Catering Management (China) Hldgs Co's average total debt for the quarter that ended in Jun. 2024 was $202.0 Mil. Therefore, Xiabuxiabu Catering Management (China) Hldgs Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 6.08%.


Xiabuxiabu Catering Management (China) Hldgs Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Xiabuxiabu Catering Management (China) Hldgs 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.

* Premium members only.

Xiabuxiabu Catering Management (China) Hldgs Co Effective Interest Rate on Debt % Chart

Xiabuxiabu Catering Management (China) Hldgs 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 4.79 5.13 5.13 4.74 4.76

Xiabuxiabu Catering Management (China) Hldgs Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5.55 4.59 5.64 3.75 6.08

Competitive Comparison of Xiabuxiabu Catering Management (China) Hldgs Co's Effective Interest Rate on Debt %

For the Restaurants subindustry, Xiabuxiabu Catering Management (China) Hldgs 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.


Xiabuxiabu Catering Management (China) Hldgs Co's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Xiabuxiabu Catering Management (China) Hldgs Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Xiabuxiabu Catering Management (China) Hldgs Co's Effective Interest Rate on Debt % falls into.



Xiabuxiabu Catering Management (China) Hldgs Co Effective Interest Rate on Debt % Calculation

Xiabuxiabu Catering Management (China) Hldgs 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  *  -10.144/( (213.133+213.109)/ 2 )
=-1  *  -10.144/213.121
=4.76 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=133.969 + 79.164
=213.133

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=125.21 + 87.899
=213.109

Xiabuxiabu Catering Management (China) Hldgs Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -12.288/( (213.109+190.885)/ 2 )
=-1  *  -12.288/201.997
=6.08 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=125.21 + 87.899
=213.109

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=108.313 + 82.572
=190.885

* 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 two times the semi-annual (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Xiabuxiabu Catering Management (China) Hldgs Co  (OTCPK:XIAXF) Effective Interest Rate on Debt % Explanation

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


Xiabuxiabu Catering Management (China) Hldgs Co Effective Interest Rate on Debt % Related Terms

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Xiabuxiabu Catering Management (China) Hldgs Co Business Description

Traded in Other Exchanges
Address
Suncun Industrial Development Zone, Huangcun Town, Daxing District, Beijing, CHN
Xiabuxiabu Catering Management is a Chinese multibrand restaurant operator. The firm generates most of its revenue from two hot pot restaurant chains—Xiabuxiabu and Coucou. Started in 1998, the namesake Xiabuxiabu brand is known for serving the Chinese hot pot format in a value-oriented, quick-service setting. Diners of Xiabuxiabu usually sit on bar counters, and a pot is provided for each diner. The Coucou brand was launched in 2016 as part of the group's foray into the high-end hot pot market. Unlike the group's namesake restaurant, Coucou serves Taiwanese-style hot pot in a beautifully decorated sit-down setting. The group does not franchise any of its restaurant brands, meaning all of its restaurants are self-operated and company-owned.

Xiabuxiabu Catering Management (China) Hldgs Co Headlines