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Henan Jinma Energy Company (HKSE:06885) Effective Interest Rate on Debt % : 3.31% (As of Dec. 2023)


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What is Henan Jinma Energy Company 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. Henan Jinma Energy Company's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$145 Mil. Henan Jinma Energy Company's average total debt for the quarter that ended in Dec. 2023 was HK$4,371 Mil. Therefore, Henan Jinma Energy Company's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.31%.


Henan Jinma Energy Company Effective Interest Rate on Debt % Historical Data

The historical data trend for Henan Jinma Energy Company'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.

Henan Jinma Energy Company Effective Interest Rate on Debt % Chart

Henan Jinma Energy Company 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 5.71 6.10 3.46 3.61 3.36

Henan Jinma Energy Company Semi-Annual Data
Dec14 Dec15 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 3.49 3.44 3.74 3.31 3.31

Competitive Comparison of Henan Jinma Energy Company's Effective Interest Rate on Debt %

For the Coking Coal subindustry, Henan Jinma Energy Company'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.


Henan Jinma Energy Company's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Henan Jinma Energy Company's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Henan Jinma Energy Company's Effective Interest Rate on Debt % falls into.



Henan Jinma Energy Company Effective Interest Rate on Debt % Calculation

Henan Jinma Energy Company'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  *  -137.126/( (3621.848+4544.28)/ 2 )
=-1  *  -137.126/4083.064
=3.36 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2070.124 + 1551.724
=3621.848

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1770.435 + 2773.845
=4544.28

Henan Jinma Energy Company'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  *  -144.772/( (4197.59+4544.28)/ 2 )
=-1  *  -144.772/4370.935
=3.31 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1814.814 + 2382.776
=4197.59

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1770.435 + 2773.845
=4544.28

* 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.


Henan Jinma Energy Company  (HKSE:06885) Effective Interest Rate on Debt % Explanation

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


Henan Jinma Energy Company Effective Interest Rate on Debt % Related Terms

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Henan Jinma Energy Company (HKSE:06885) Business Description

Traded in Other Exchanges
N/A
Address
West First Ring Road South, Henan Province, Jiyuan, CHN, 459000
Henan Jinma Energy Company Ltd operates as a coke producer and processor of coking by-products in the coking chemical industry in Henan province. It operates through the following business segments: Coke Segment is mainly engaged in the manufacture of Coke. The Refined Chemicals Segment is mainly engaged in the manufacture of benzene-based chemicals and coal-tar-based chemicals. Energy Products Segment is mainly engaged in the manufacture of coal gas. The Trading Segment is mainly engaged in the trading of coal and coal mining equipment. It generates maximum revenue from the Coke segment. Geographically, it derives revenue from the PRC.
Executives
Lam Yuk Wai 2202 Interest of your spouse
Yiu Chiu Fai 2101 Beneficial owner
Zheng Jing 2202 Interest of your spouse
Wang Li Jie 2201 Interest of corporation controlled by you
Ji Yuan Shi Jin Ma Xing Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Bei Jing Fang Da Guo Ji Shi Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Fang Wei 2201 Interest of corporation controlled by you
Jiang Xi Fang Da Gang Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Xi Ping Gang Shi Ye Gu Fen You Xian Gong Si 2101 Beneficial owner
Liao Ning Fang Da Ji Tuan Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Xing Hua Gong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Ma Jiao Hua Ying Shu Wei Jing Qun Dao You Xian Gong Si 2201 Interest of corporation controlled by you
Jin Ma Neng Yuan Xiang Gang You Xian Gong Si 2101 Beneficial owner
Ma Gang Ji Tuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Ma An Shan Gang Tie Gu Fen You Xian Gong Si 2101 Beneficial owner

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