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Shiyue Daotian Group Co (HKSE:09676) Effective Interest Rate on Debt % : 1.54% (As of Dec. 2023)


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What is Shiyue Daotian 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. Shiyue Daotian Group Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$12 Mil. Shiyue Daotian Group Co's average total debt for the quarter that ended in Dec. 2023 was HK$802 Mil. Therefore, Shiyue Daotian Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.54%.

Shiyue Daotian Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shiyue Daotian 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.

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Shiyue Daotian Group Co Effective Interest Rate on Debt % Chart

Shiyue Daotian Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
6.95 5.79 1.60 1.54

Shiyue Daotian Group Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt % 6.95 5.79 1.60 1.54

Competitive Comparison of Shiyue Daotian Group Co's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Shiyue Daotian 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.

Shiyue Daotian Group Co's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shiyue Daotian Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shiyue Daotian Group Co's Effective Interest Rate on Debt % falls into.


Shiyue Daotian Group Co Effective Interest Rate on Debt % Calculation

Shiyue Daotian 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  *  -12.373/( (463.338+1141.29)/ 2 )
=-1  *  -12.373/802.314
=1.54 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.339 + 450.999
=463.338

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.293 + 1119.997
=1141.29

Shiyue Daotian 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: Dec. 2022 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -12.373/( (463.338+1141.29)/ 2 )
=-1  *  -12.373/802.314
=1.54 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.339 + 450.999
=463.338

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=21.293 + 1119.997
=1141.29

* 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 one times the annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Shiyue Daotian Group Co  (HKSE:09676) Effective Interest Rate on Debt % Explanation

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

Shiyue Daotian Group Co Effective Interest Rate on Debt % Related Terms

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Shiyue Daotian Group Co (HKSE:09676) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiyue Daotian Group Co Ltd (HKSE:09676) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:09985 HKSE:06186 HKSE:01579 HKSE:00142 HKSE:00345 HKSE:01610 HKSE:01112 HKSE:06683 HKSE:01475 HKSE:01458 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
2nd Floor, Building A, Yisha Wenxin Plaza, Chaoyang, Beijing, CHN
Website
https://www.shiyuedaotian.com
Shiyue Daotian Group Co Ltd is one of China's leading and rapidly growing pantry staple food companies, enjoying a robust multichannel brand presence. It has been dedicated to providing its consumers with pre-packaged premium rice, whole grain, bean, and dried food products.
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