ZX (HKSE:09890) Effective Interest Rate on Debt % : 0.29% (As of Dec. 2023)

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What is ZX 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. ZX's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$16 Mil. ZX's average total debt for the quarter that ended in Dec. 2023 was HK$5,335 Mil. Therefore, ZX's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.29%.

ZX Effective Interest Rate on Debt % Historical Data

The historical data trend for ZX'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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ZX Effective Interest Rate on Debt % Chart

ZX Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

0.33

0.29

0.34

0.29

ZX Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Effective Interest Rate on Debt %	0.33	0.29	0.34	0.29

Competitive Comparison of ZX's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, ZX'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.

ZX's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, ZX's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where ZX's Effective Interest Rate on Debt % falls into.

ZX Effective Interest Rate on Debt % Calculation

ZX'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 * -15.677	/	( (7155.971	+	3514.408)	/ 2 )
=	-1 * -15.677	/	5335.1895
=	0.29 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	213.018	+	6942.953
=	7155.971

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	167.543	+	3346.865
=	3514.408

ZX'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 * -15.677	/	( (7155.971	+	3514.408)	/ 2 )
=	-1 * -15.677	/	5335.1895
=	0.29 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	213.018	+	6942.953
=	7155.971

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	167.543	+	3346.865
=	3514.408

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.

ZX (HKSE:09890) Effective Interest Rate on Debt % Explanation

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

ZX Effective Interest Rate on Debt % Related Terms

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ZX (HKSE:09890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN

Website

https://www.zx.com

ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.

Executives

Wu Xubo	2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd.	2301 Trustee
Wxland Holding Limited	2201 Interest of corporation controlled by you
Wxland International Ltd	2101 Beneficial owner
Wxland Limited	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Wu Xuan	2307 Founder of a discretionary trust who can infl
Wxzela International Ltd	2101 Beneficial owner
Zela Holding Limited	2201 Interest of corporation controlled by you
Chen Yang	2201 Interest of corporation controlled by you
Wxworld Holding Limited	2101 Beneficial owner

ZX (HKSE:09890) Headlines

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