Gushengtang Holdings (HKSE:02273) Effective Interest Rate on Debt % : 5.41% (As of Dec. 2023)

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What is Gushengtang 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. Gushengtang Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$21 Mil. Gushengtang Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$391 Mil. Therefore, Gushengtang Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.41%.

Gushengtang Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Gushengtang 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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Gushengtang Holdings Effective Interest Rate on Debt % Chart

Gushengtang Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.48

4.37

4.78

4.83

7.01

Gushengtang Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial					5.69	4.88	4.92	9.05	5.41

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

For the Medical Care Facilities subindustry, Gushengtang 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.

Gushengtang Holdings's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Gushengtang Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Gushengtang Holdings Effective Interest Rate on Debt % Calculation

Gushengtang 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 * -27.974	/	( (392.287	+	405.326)	/ 2 )
=	-1 * -27.974	/	398.8065
=	7.01 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	307.828	+	84.459
=	392.287

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	303.305	+	102.021
=	405.326

Gushengtang 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 * -21.136	/	( (376.747	+	405.326)	/ 2 )
=	-1 * -21.136	/	391.0365
=	5.41 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	277.468	+	99.279
=	376.747

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	303.305	+	102.021
=	405.326

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.

Gushengtang Holdings (HKSE:02273) Effective Interest Rate on Debt % Explanation

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

Gushengtang Holdings Effective Interest Rate on Debt % Related Terms

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Gushengtang Holdings (HKSE:02273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Gushengtang Holdings Ltd (HKSE:02273) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 419, Qingsha Road, Room 005, Dongchong Town, Nansha District, Guangzhou, CHN

Website

https://www.gstzy.cn

Gushengtang Holdings Ltd is a traditional Chinese medicine (TCM) company. Through offline medical institutions and online healthcare platforms, it provides customers with a comprehensive range of TCM healthcare services and products to address diverse medical and healthcare management needs. As all of the Group's revenue is derived from the PRC.

Executives

Tu Zhiliang	2501 Other
Wumianshan Ltd.	2201 Interest of corporation controlled by you
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Tu Family Holdings Limited
Trident Trust Company (singapore) Pte. Limited
Dream True Limited
Action Thrive Group Limited	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you
Eight Roads Holdings Limited	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Eight Roads Shareholdings Limited	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Johnson Iv Edward C.	2301 Trustee
Johnson Abigail P.	2301 Trustee

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