GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shuangliang Eco-Energy Systems Co Ltd (SHSE:600481) » Definitions » Effective Interest Rate on Debt %

Shuangliang Eco-Energy Systems Co (SHSE:600481) Effective Interest Rate on Debt % : 4.59% (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Shuangliang Eco-Energy Systems 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. Shuangliang Eco-Energy Systems Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥468 Mil. Shuangliang Eco-Energy Systems Co's average total debt for the quarter that ended in Mar. 2024 was ¥10,194 Mil. Therefore, Shuangliang Eco-Energy Systems Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.59%.


Shuangliang Eco-Energy Systems Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shuangliang Eco-Energy Systems 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.

* Premium members only.

Shuangliang Eco-Energy Systems Co Effective Interest Rate on Debt % Chart

Shuangliang Eco-Energy Systems 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 4.87 4.70 3.69 6.86 4.91

Shuangliang Eco-Energy Systems 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 5.69 4.88 4.45 4.50 4.59

Competitive Comparison of Shuangliang Eco-Energy Systems Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Shuangliang Eco-Energy Systems 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.


Shuangliang Eco-Energy Systems Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shuangliang Eco-Energy Systems Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shuangliang Eco-Energy Systems Co's Effective Interest Rate on Debt % falls into.



Shuangliang Eco-Energy Systems Co Effective Interest Rate on Debt % Calculation

Shuangliang Eco-Energy Systems 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  *  -348.64/( (4262.025+9944.511)/ 2 )
=-1  *  -348.64/7103.268
=4.91 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=186.033 + 4075.992
=4262.025

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3105.507 + 6839.004
=9944.511

Shuangliang Eco-Energy Systems 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  *  -468.02/( (9944.511+10444.228)/ 2 )
=-1  *  -468.02/10194.3695
=4.59 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3105.507 + 6839.004
=9944.511

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3506.74 + 6937.488
=10444.228

* 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.


Shuangliang Eco-Energy Systems Co  (SHSE:600481) Effective Interest Rate on Debt % Explanation

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


Shuangliang Eco-Energy Systems Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Shuangliang Eco-Energy Systems Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shuangliang Eco-Energy Systems Co (SHSE:600481) Business Description

Traded in Other Exchanges
N/A
Address
Shuangliang Industrial Park, Ligang Town, Jiangyin, Jiangsu, CHN, 214444
Shuangliang Eco-Energy Systems Co Ltd is a China-based company engaged in the development and manufacturing of energy and water conservation and environmental protection system. Its products include central air conditioning system, high-efficient heat transfer system, desalination system, sewage treatment system, and other energy conservation system.
Executives
Ma Xue Jun senior management
Wang Lei senior management
Wu Gang senior management
Liu Zheng Yu Directors, senior managers
Fan Gao Ding Director

Shuangliang Eco-Energy Systems Co (SHSE:600481) Headlines

No Headlines