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Yantai North Andre Juice Co (HKSE:02218) Effective Interest Rate on Debt % : 0.96% (As of Dec. 2023)


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What is Yantai North Andre Juice 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. Yantai North Andre Juice Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0.3 Mil. Yantai North Andre Juice Co's average total debt for the quarter that ended in Dec. 2023 was HK$32.2 Mil. Therefore, Yantai North Andre Juice Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.96%.


Yantai North Andre Juice Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Yantai North Andre Juice 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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Yantai North Andre Juice Co Effective Interest Rate on Debt % Chart

Yantai North Andre Juice Co 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 0.08 - 0.53 1.13 0.93

Yantai North Andre Juice Co Quarterly Data
Dec15 Jun16 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 Premium Member Only 0.91 - 3.23 0.96 -

Competitive Comparison of Yantai North Andre Juice Co's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Yantai North Andre Juice 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.


Yantai North Andre Juice Co's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yantai North Andre Juice Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yantai North Andre Juice Co's Effective Interest Rate on Debt % falls into.



Yantai North Andre Juice Co Effective Interest Rate on Debt % Calculation

Yantai North Andre Juice 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  *  -1.345/( (145.273+0)/ 1 )
=-1  *  -1.345/145.273
=0.93 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 145.273
=145.273

Yantai North Andre Juice 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  *  -0.308/( (32.207+0)/ 1 )
=-1  *  -0.308/32.207
=0.96 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 32.207
=32.207

* 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.


Yantai North Andre Juice Co  (HKSE:02218) Effective Interest Rate on Debt % Explanation

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


Yantai North Andre Juice Co Effective Interest Rate on Debt % Related Terms

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Yantai North Andre Juice Co (HKSE:02218) Business Description

Traded in Other Exchanges
Address
No. 18 Andre Avenue, Muping Economic Development Zone, Shandong Province, Yantai, CHN, 264100
Yantai North Andre Juice Co Ltd is a China-based company, that engages in the manufacture and sales of condensed fruit juice, apple essence, pomace, and related products. Its products include apple juice concentrate, pear juice concentrate, orange and lemon series juices, strawberry concentrate, bio-feedstuff, and other related products. It is also involved in the provision of juice processing services. The company operates its business in China, North America, Asia (excluding China), Europe, Oceania, and Africa. The Company distributes its products in domestic markets and overseas markets, out of which the majority is from the International market.
Executives
Mitsui & Co., Ltd. 2101 Beneficial owner
Hongan International Investment Company Limited 2101 Beneficial owner
Wang Kelly 2201 Interest of corporation controlled by you
Tiandi Win-win Investment Management Co., Limited 2101 Beneficial owner
Tian Di Yi Hao Yin Liao Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
Chen Sheng 2201 Interest of corporation controlled by you
Ma Lin 2202 Interest of your spouse
Ni Zhi Long 2101 Beneficial owner

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