J&T Global Express (FRA:J92) Effective Interest Rate on Debt % : 5.58% (As of Dec. 2023)

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What is J&T Global Express 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. J&T Global Express's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €90 Mil. J&T Global Express's average total debt for the quarter that ended in Dec. 2023 was €1,614 Mil. Therefore, J&T Global Express's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.58%.

J&T Global Express Effective Interest Rate on Debt % Historical Data

The historical data trend for J&T Global Express'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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J&T Global Express Effective Interest Rate on Debt % Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

2.23

15.69

8.90

6.13

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	13.88	6.90	6.70	5.58

Competitive Comparison of J&T Global Express's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Effective Interest Rate on Debt % falls into.

J&T Global Express Effective Interest Rate on Debt % Calculation

J&T Global Express'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 * -96.367	/	( (1501.944	+	1642.536)	/ 2 )
=	-1 * -96.367	/	1572.24
=	6.13 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1286.075	+	215.869
=	1501.944

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1261.452	+	381.084
=	1642.536

J&T Global Express'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 * -90.026	/	( (1586.246	+	1642.536)	/ 2 )
=	-1 * -90.026	/	1614.391
=	5.58 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1264.907	+	321.339
=	1586.246

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1261.452	+	381.084
=	1642.536

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.

J&T Global Express (FRA:J92) Effective Interest Rate on Debt % Explanation

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

J&T Global Express Effective Interest Rate on Debt % Related Terms

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J&T Global Express (FRA:J92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

01519:Hong Kong

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

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