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Sichuan Road & Bridge Co (SHSE:600039) Effective Interest Rate on Debt % : 3.82% (As of Mar. 2024)


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What is Sichuan Road & Bridge 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. Sichuan Road & Bridge Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥2,977 Mil. Sichuan Road & Bridge Co's average total debt for the quarter that ended in Mar. 2024 was ¥77,890 Mil. Therefore, Sichuan Road & Bridge Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.82%.


Sichuan Road & Bridge Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Sichuan Road & Bridge 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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Sichuan Road & Bridge Co Effective Interest Rate on Debt % Chart

Sichuan Road & Bridge 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 4.93 5.16 4.88 4.80 4.21

Sichuan Road & Bridge Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.56 4.16 4.66 3.90 3.82

Competitive Comparison of Sichuan Road & Bridge Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Sichuan Road & Bridge 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.


Sichuan Road & Bridge Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Road & Bridge Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Sichuan Road & Bridge Co's Effective Interest Rate on Debt % falls into.



Sichuan Road & Bridge Co Effective Interest Rate on Debt % Calculation

Sichuan Road & Bridge 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  *  -2806.364/( (57039.062+76152.055)/ 2 )
=-1  *  -2806.364/66595.5585
=4.21 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=51128.5 + 5910.562
=57039.062

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62899.421 + 13252.634
=76152.055

Sichuan Road & Bridge Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -2976.964/( (76152.055+79627.307)/ 2 )
=-1  *  -2976.964/77889.681
=3.82 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62899.421 + 13252.634
=76152.055

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=67965.328 + 11661.979
=79627.307

* 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 four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Sichuan Road & Bridge Co  (SHSE:600039) Effective Interest Rate on Debt % Explanation

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


Sichuan Road & Bridge Co Effective Interest Rate on Debt % Related Terms

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Sichuan Road & Bridge Co (SHSE:600039) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Gao Peng Avenue, No. F-59, Science & Technology Industrial Park, High-Tech Zone, Sichuan Province, Chengdu, CHN, 610041
Sichuan Road & Bridge Co Ltd is a China-based company engaged in the investigation, design, construction, conservation, and management of highways.
Executives
Zhu Nian Hong Director
Feng Qiang Lin senior management
Zhang Hang Chuan senior management
Hu Yuan Hua Director
Li Ji Dong senior management
Wang Chuan Fu senior management
Zhang Jian Ming senior management
Gan Hong Director
Zhou Yong senior management
Long Yong senior management
Yang Ru Gang Director
Wang Zhong Lin senior management
Liu De Yong senior management
Lu Wei senior management
Guo Xiang Hui Director

Sichuan Road & Bridge Co (SHSE:600039) Headlines

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