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Luzhou Xinglu Water (Group) Co (HKSE:02281) Effective Interest Rate on Debt % : 1.94% (As of Dec. 2023)


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What is Luzhou Xinglu Water (Group) 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. Luzhou Xinglu Water (Group) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$46 Mil. Luzhou Xinglu Water (Group) Co's average total debt for the quarter that ended in Dec. 2023 was HK$2,397 Mil. Therefore, Luzhou Xinglu Water (Group) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.94%.


Luzhou Xinglu Water (Group) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Luzhou Xinglu Water (Group) 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.

* Premium members only.

Luzhou Xinglu Water (Group) Co Effective Interest Rate on Debt % Chart

Luzhou Xinglu Water (Group) 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 5.12 5.54 7.07 6.29 3.42

Luzhou Xinglu Water (Group) Co Semi-Annual Data
Dec13 Dec14 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 5.86 7.47 5.22 4.76 1.94

Competitive Comparison of Luzhou Xinglu Water (Group) Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, Luzhou Xinglu Water (Group) 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.


Luzhou Xinglu Water (Group) Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Luzhou Xinglu Water (Group) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Luzhou Xinglu Water (Group) Co's Effective Interest Rate on Debt % falls into.



Luzhou Xinglu Water (Group) Co Effective Interest Rate on Debt % Calculation

Luzhou Xinglu Water (Group) 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  *  -84.75/( (2664.057+2290.564)/ 2 )
=-1  *  -84.75/2477.3105
=3.42 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2261.034 + 403.023
=2664.057

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1602.719 + 687.845
=2290.564

Luzhou Xinglu Water (Group) 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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -46.448/( (2504.303+2290.564)/ 2 )
=-1  *  -46.448/2397.4335
=1.94 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1784.341 + 719.962
=2504.303

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1602.719 + 687.845
=2290.564

* 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.


Luzhou Xinglu Water (Group) Co  (HKSE:02281) Effective Interest Rate on Debt % Explanation

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


Luzhou Xinglu Water (Group) Co Effective Interest Rate on Debt % Related Terms

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Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN
Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.
Executives
Hwabao Trust Co., Ltd 2301 Trustee
Fei Zhanbo 2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si 2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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