Greatview Aseptic Packaging Co (HKSE:00468) Effective Interest Rate on Debt % : 4.68% (As of Dec. 2023)

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What is Greatview Aseptic Packaging 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. Greatview Aseptic Packaging Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$8 Mil. Greatview Aseptic Packaging Co's average total debt for the quarter that ended in Dec. 2023 was HK$169 Mil. Therefore, Greatview Aseptic Packaging Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.68%.

Greatview Aseptic Packaging Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Greatview Aseptic Packaging 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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Greatview Aseptic Packaging Co Effective Interest Rate on Debt % Chart

Greatview Aseptic Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.97

1.73

1.25

1.87

3.68

Greatview Aseptic Packaging Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.74	1.18	2.45	4.12	4.68

Competitive Comparison of Greatview Aseptic Packaging Co's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greatview Aseptic Packaging Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Greatview Aseptic Packaging Co Effective Interest Rate on Debt % Calculation

Greatview Aseptic Packaging 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 * -8.312	/	( (268.619	+	183.428)	/ 2 )
=	-1 * -8.312	/	226.0235
=	3.68 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.373	+	261.246
=	268.619

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.602	+	166.826
=	183.428

Greatview Aseptic Packaging Co'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 * -7.906	/	( (154.217	+	183.428)	/ 2 )
=	-1 * -7.906	/	168.8225
=	4.68 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.25	+	149.967
=	154.217

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.602	+	166.826
=	183.428

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.

Greatview Aseptic Packaging Co (HKSE:00468) Effective Interest Rate on Debt % Explanation

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

Greatview Aseptic Packaging Co Effective Interest Rate on Debt % Related Terms

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Greatview Aseptic Packaging Co (HKSE:00468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greatview Aseptic Packaging Co Ltd (HKSE:00468) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

GRVWF:USA 8GA:Germany

Address

No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015

Website

https://www.greatviewpack.com

Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

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