SenseTime Group (HKSE:00020) Effective Interest Rate on Debt % : 3.51% (As of Dec. 2023)

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What is SenseTime Group 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. SenseTime Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$171 Mil. SenseTime Group's average total debt for the quarter that ended in Dec. 2023 was HK$4,881 Mil. Therefore, SenseTime Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.51%.

SenseTime Group Effective Interest Rate on Debt % Historical Data

The historical data trend for SenseTime Group'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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SenseTime Group Effective Interest Rate on Debt % Chart

SenseTime Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.81

4.44

3.26

2.57

3.51

SenseTime Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					3.02	3.47	2.88	3.53	3.51

Competitive Comparison of SenseTime Group's Effective Interest Rate on Debt %

For the Software - Application subindustry, SenseTime Group'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.

SenseTime Group's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

SenseTime Group Effective Interest Rate on Debt % Calculation

SenseTime Group'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 * -160.415	/	( (3929.2	+	5211.655)	/ 2 )
=	-1 * -160.415	/	4570.4275
=	3.51 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3363.97	+	565.23
=	3929.2

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4838.852	+	372.803
=	5211.655

SenseTime Group'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 * -171.272	/	( (4550.039	+	5211.655)	/ 2 )
=	-1 * -171.272	/	4880.847
=	3.51 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4179.355	+	370.684
=	4550.039

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4838.852	+	372.803
=	5211.655

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.

SenseTime Group (HKSE:00020) Effective Interest Rate on Debt % Explanation

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

SenseTime Group Effective Interest Rate on Debt % Related Terms

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SenseTime Group (HKSE:00020) Business Description

Industry

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SNTMF:USA

Address

No. 1900 Hongmei Road, Xuhui District, Shanghai, CHN, 200233

Website

https://www.sensetime.com

SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The Company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of advanced AI software, the sale of AI software platform & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities in relation to AI technologyThe Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.

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