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Kangda International Environmental Co (HKSE:06136) Effective Interest Rate on Debt % : 5.81% (As of Dec. 2023)


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What is Kangda International Environmental 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. Kangda International Environmental Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$626 Mil. Kangda International Environmental Co's average total debt for the quarter that ended in Dec. 2023 was HK$10,769 Mil. Therefore, Kangda International Environmental Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.81%.


Kangda International Environmental Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Kangda International Environmental 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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Kangda International Environmental Co Effective Interest Rate on Debt % Chart

Kangda International Environmental 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 6.02 6.30 6.13 5.69 5.89

Kangda International Environmental 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 6.00 5.68 5.76 6.00 5.81

Competitive Comparison of Kangda International Environmental Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, Kangda International Environmental 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.


Kangda International Environmental Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kangda International Environmental Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kangda International Environmental Co's Effective Interest Rate on Debt % falls into.



Kangda International Environmental Co Effective Interest Rate on Debt % Calculation

Kangda International Environmental 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  *  -632.991/( (10633.153+10847.043)/ 2 )
=-1  *  -632.991/10740.098
=5.89 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7417.228 + 3215.925
=10633.153

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7017.204 + 3829.839
=10847.043

Kangda International Environmental 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  *  -626.028/( (10691.848+10847.043)/ 2 )
=-1  *  -626.028/10769.4455
=5.81 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7349.784 + 3342.064
=10691.848

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7017.204 + 3829.839
=10847.043

* 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.


Kangda International Environmental Co  (HKSE:06136) Effective Interest Rate on Debt % Explanation

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


Kangda International Environmental Co Effective Interest Rate on Debt % Related Terms

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Kangda International Environmental Co (HKSE:06136) Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN
Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.
Executives
Bpea Eqt Holdings Ab 2201 Interest of corporation controlled by you
Eqt Ab 2201 Interest of corporation controlled by you
Salata Jean Eric 2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian) 2401 A concert party to an agreement to buy shares
Zhao Sizhen 2201 Interest of corporation controlled by you
Kangda Holdings Company Limited 2101 Beneficial owner
China Water Affairs Group Limited 2201 Interest of corporation controlled by you
Sharp Profit Investments Limited 2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

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