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Chengdu Expressway Co (HKSE:01785) Effective Interest Rate on Debt % : 4.29% (As of Dec. 2023)


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What is Chengdu Expressway 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. Chengdu Expressway Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$124 Mil. Chengdu Expressway Co's average total debt for the quarter that ended in Dec. 2023 was HK$2,884 Mil. Therefore, Chengdu Expressway Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.29%.


Chengdu Expressway Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chengdu Expressway 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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Chengdu Expressway Co Effective Interest Rate on Debt % Chart

Chengdu Expressway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 5.87 4.42 4.34 3.90 3.97

Chengdu Expressway Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 3.80 - 4.13 4.29 3.89

Competitive Comparison of Chengdu Expressway Co's Effective Interest Rate on Debt %

For the Infrastructure Operations subindustry, Chengdu Expressway 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.


Chengdu Expressway Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chengdu Expressway Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Chengdu Expressway Co Effective Interest Rate on Debt % Calculation

Chengdu Expressway 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  *  -125.077/( (3292.518+3004.559)/ 2 )
=-1  *  -125.077/3148.5385
=3.97 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2725.755 + 566.763
=3292.518

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2756.35 + 248.209
=3004.559

Chengdu Expressway 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  *  -123.844/( (2763.431+3004.559)/ 2 )
=-1  *  -123.844/2883.995
=4.29 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2763.431 + 0
=2763.431

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2756.35 + 248.209
=3004.559

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


Chengdu Expressway Co  (HKSE:01785) Effective Interest Rate on Debt % Explanation

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


Chengdu Expressway Co Effective Interest Rate on Debt % Related Terms

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Chengdu Expressway Co (HKSE:01785) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Shenghe 1st Road, 9th Floor, Chengnan Tianfu Building, High-Tech Zone, Sichuan, Chengdu, CHN
Chengdu Expressway Co Ltd is principally engaged in the operation, management and development of expressways located in and around Chengdu, Sichuan Province. Meanwhile, the Group also carries out retail of refined oil and operation of CNG. It operates in two reportable segments the Expressway segment segment comprises the construction, operation and maintenance of toll expressways located in Sichuan province; and the Energy Investment segment comprises the operation of petrol stations and a gas station and sales of refined oil and compressed natural gas. It derives majority of the revenue from Expressway segment.
Executives
Cheng Du Tian Fu Xin Qu Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Du Tian Fu Zi Ben Tou Zi You Xian Gong Si 2305 Beneficiary of a trust
Fu Guo Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Guang Dong Sheng Jiao Tong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Yue You Xian Gong Si 2101 Beneficial owner
Cheng Du Shi Xie Cheng Zi Chan Guan Li You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Cheng Du Gui Dao Jiao Tong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Du Cheng Jian Tou Zi Guan Li Ji Tuan You Xian Ze Ren Gong Si 2101 Beneficial owner
Cheng Du Huan Jing Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cheng Du Chan Ye Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Du Xian Jin Zhi Zao Chan Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Cheng Du Gui Dao Chan Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Cheng Du Jiao Zi Jin Rong Kong Gu Ji Tuan You Xian Gong Si Qian Cheng Cheng Du Jin Rong Kong Gu Ji T 2101 Beneficial owner

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