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Guangdong Yueyun Transportation Co (HKSE:03399) Effective Interest Rate on Debt % : 4.29% (As of Dec. 2023)


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What is Guangdong Yueyun Transportation 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. Guangdong Yueyun Transportation Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$181 Mil. Guangdong Yueyun Transportation Co's average total debt for the quarter that ended in Dec. 2023 was HK$4,208 Mil. Therefore, Guangdong Yueyun Transportation Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.29%.


Guangdong Yueyun Transportation Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guangdong Yueyun Transportation 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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Guangdong Yueyun Transportation Co Effective Interest Rate on Debt % Chart

Guangdong Yueyun Transportation 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 4.56 4.78 4.63 4.47 4.26

Guangdong Yueyun Transportation Co Semi-Annual Data
Jun14 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 4.58 4.31 4.68 4.21 4.29

Competitive Comparison of Guangdong Yueyun Transportation Co's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Guangdong Yueyun Transportation 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.


Guangdong Yueyun Transportation Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangdong Yueyun Transportation Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Guangdong Yueyun Transportation Co's Effective Interest Rate on Debt % falls into.



Guangdong Yueyun Transportation Co Effective Interest Rate on Debt % Calculation

Guangdong Yueyun Transportation 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  *  -186.693/( (4753.12+4004.092)/ 2 )
=-1  *  -186.693/4378.606
=4.26 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2711.2 + 2041.92
=4753.12

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3078.641 + 925.451
=4004.092

Guangdong Yueyun Transportation 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  *  -180.516/( (4411.26+4004.092)/ 2 )
=-1  *  -180.516/4207.676
=4.29 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3068.162 + 1343.098
=4411.26

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3078.641 + 925.451
=4004.092

* 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.


Guangdong Yueyun Transportation Co  (HKSE:03399) Effective Interest Rate on Debt % Explanation

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


Guangdong Yueyun Transportation Co Effective Interest Rate on Debt % Related Terms

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Guangdong Yueyun Transportation Co (HKSE:03399) Business Description

Traded in Other Exchanges
N/A
Address
188 Connaught Road West, Rooms 3108 - 3112, 31st Floor, Hong Kong Plaza, Hong Kong, HKG
Guangdong Yueyun Transportation Co Ltd is an investment holding company principally engaged in the travel services business. The group along with its subsidiaries is an integrated transportation and logistics service provider. The segments of the company are expressway service zones operation, road passenger transportation and auxiliary, taiping interchange operation, and other business. It derives a majority of its revenue from the expressway service zones operation segment. The Travel services business is categorized into Expressway Service Zones Operation (Energy Business, Retail Business, Merchant Solicitation Business, Advertising Business), Road Passenger Transportation and Auxiliary Services, and Operation of Taiping Interchange.
Executives
Pope Asset Management Llc 2102 Investment manager
Shah Capital Management 2102 Investment manager

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