Dongjiang Environmental Co (HKSE:00895) Effective Interest Rate on Debt % : 4.09% (As of Dec. 2023)

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What is Dongjiang Environmental 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. Dongjiang Environmental Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$242 Mil. Dongjiang Environmental Co's average total debt for the quarter that ended in Dec. 2023 was HK$5,923 Mil. Therefore, Dongjiang Environmental Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.09%.

Dongjiang Environmental Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Dongjiang Environmental 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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Dongjiang Environmental Co Effective Interest Rate on Debt % Chart

Dongjiang Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.33

3.90

3.53

3.98

3.82

Dongjiang Environmental Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.98	3.29	3.16	4.09	3.57

Competitive Comparison of Dongjiang Environmental Co's Effective Interest Rate on Debt %

For the Waste Management subindustry, Dongjiang Environmental 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.

Dongjiang Environmental Co's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Dongjiang Environmental Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dongjiang Environmental Co's Effective Interest Rate on Debt % falls into.

Dongjiang Environmental Co Effective Interest Rate on Debt % Calculation

Dongjiang Environmental 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 * -202.62	/	( (4506.588	+	6113.948)	/ 2 )
=	-1 * -202.62	/	5310.268
=	3.82 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3438.181	+	1068.407
=	4506.588

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3714.625	+	2399.323
=	6113.948

Dongjiang Environmental 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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -242.052	/	( (5732.126	+	6113.948)	/ 2 )
=	-1 * -242.052	/	5923.037
=	4.09 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3730.595	+	2001.531
=	5732.126

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3714.625	+	2399.323
=	6113.948

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

Dongjiang Environmental Co (HKSE:00895) Effective Interest Rate on Debt % Explanation

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

Dongjiang Environmental Co Effective Interest Rate on Debt % Related Terms

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Dongjiang Environmental Co (HKSE:00895) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Dongjiang Environmental Co Ltd (HKSE:00895) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

DGN:Germany 002672:China

Address

No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN

Website

https://www.dongjiang.com.cn

Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.

Executives

Guang Dong Sheng Guang Cheng Zi Chan Jing Ying You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Hui Hong Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Jiang Su Su Hui Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

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