China Liberal Education Holdings (China Liberal Education Holdings) Effective Interest Rate on Debt % : 18.07% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is China Liberal Education Holdings 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. China Liberal Education Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.34 Mil. China Liberal Education Holdings's average total debt for the quarter that ended in Dec. 2023 was $1.88 Mil. Therefore, China Liberal Education Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 18.07%.

China Liberal Education Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for China Liberal Education Holdings'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.

China Liberal Education Holdings Effective Interest Rate on Debt % Chart

China Liberal Education Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.73

25.97

21.28

China Liberal Education Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								8.51	-	41.77	15.60	18.07

Competitive Comparison of China Liberal Education Holdings's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, China Liberal Education Holdings'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.

China Liberal Education Holdings's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Liberal Education Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Liberal Education Holdings's Effective Interest Rate on Debt % falls into.

China Liberal Education Holdings Effective Interest Rate on Debt % Calculation

China Liberal Education Holdings'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 * -0.29	/	( (1.007	+	1.718)	/ 2 )
=	-1 * -0.29	/	1.3625
=	21.28 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.007
=	1.007

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.033	+	1.685
=	1.718

China Liberal Education Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.34	/	( (2.045	+	1.718)	/ 2 )
=	-1 * -0.34	/	1.8815
=	18.07 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	2.045
=	2.045

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.033	+	1.685
=	1.718

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

China Liberal Education Holdings (NAS:CLEU) Effective Interest Rate on Debt % Explanation

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

China Liberal Education Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of China Liberal Education Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

China Liberal Education Holdings (China Liberal Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Liberal Education Holdings Ltd (NAS:CLEU) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A1 Chaoqian Road, Room 805, Block 15, Science and Technology Park, Changping District, Beijing, CHN, 102200

Website

http://www.chinaliberal.com

China Liberal Education Holdings Ltd is an educational service provider operating in China. The company's operating segment includes Sino-foreign Jointly Managed Academic Programs, textbooks and course material sales, Overseas Study Consulting Services, Technological Consulting Services for Smart Campus Solutions and Tailored Job Readiness Training Services. Geographically, it derives revenue from China.