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Yihai International Holdings (HKSE:01579) Effective Interest Rate on Debt % : 4.07% (As of Dec. 2023)


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What is Yihai International 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. Yihai International Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$4 Mil. Yihai International Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$107 Mil. Therefore, Yihai International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.07%.


Yihai International Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Yihai International 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.

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Yihai International Holdings Effective Interest Rate on Debt % Chart

Yihai International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 3.64 5.15 4.35 4.28

Yihai International Holdings Semi-Annual Data
Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.22 4.56 4.32 4.13 4.07

Competitive Comparison of Yihai International Holdings's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Yihai International 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.


Yihai International Holdings's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yihai International Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yihai International Holdings's Effective Interest Rate on Debt % falls into.



Yihai International Holdings Effective Interest Rate on Debt % Calculation

Yihai International 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  *  -4.748/( (127.649+94.349)/ 2 )
=-1  *  -4.748/110.999
=4.28 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.569 + 43.08
=127.649

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=59.356 + 34.993
=94.349

Yihai International 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  *  -4.37/( (120.324+94.349)/ 2 )
=-1  *  -4.37/107.3365
=4.07 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=74.787 + 45.537
=120.324

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=59.356 + 34.993
=94.349

* 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.

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.


Yihai International Holdings  (HKSE:01579) Effective Interest Rate on Debt % Explanation

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


Yihai International Holdings Effective Interest Rate on Debt % Related Terms

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Yihai International Holdings (HKSE:01579) Business Description

Traded in Other Exchanges
Address
No. 2500 Zhenbei Road, Room 1810, Putuo District, Shanghai, CHN, 200062
Yihai International Holdings Ltd is a compound condiment manufacturer in China. The product portfolio of the company includes Hotpot soup flavoring, Hotpot dipping sauce products, Chinese-style compound condiment products, Self-serving small hotpot products, and others. It generates a majority of its revenue from Hotpot soup flavoring products. It also provides other products such as Thirteen Kinds of Spices Crayfish Seasoner, Minced Garlic Crayfish Seasoner, Spicy Boiled Fish Seasoner, and others. Geographically, the company generates a majority of its revenue from the People's Republic of China.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Cititrust Private Trust (cayman) Limited 2301 Trustee
Twice Happiness Ltd. 2201 Interest of corporation controlled by you
Lee Hailey 2307 Founder of a discretionary trust who can infl
Shi Sean 2307 Founder of a discretionary trust who can infl
Shu Ping 2307 Founder of a discretionary trust who can infl
Zhang Yong 2307 Founder of a discretionary trust who can infl
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Zysp Yihai Ltd 2101 Beneficial owner
Sp Yh Ltd 2101 Beneficial owner
Jljh Yihai Ltd 2201 Interest of corporation controlled by you
Vistra Trust (hong Kong) Limited 2301 Trustee
Shi Yonghong 2101 Beneficial owner

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