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Changjiang Publishing & Media Co (SHSE:600757) Effective Interest Rate on Debt % : 5.09% (As of Mar. 2024)


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What is Changjiang Publishing & Media 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. Changjiang Publishing & Media Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥3 Mil. Changjiang Publishing & Media Co's average total debt for the quarter that ended in Mar. 2024 was ¥68 Mil. Therefore, Changjiang Publishing & Media Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.09%.


Changjiang Publishing & Media Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Changjiang Publishing & Media 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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Changjiang Publishing & Media Co Effective Interest Rate on Debt % Chart

Changjiang Publishing & Media 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 7.12 1.65 6.03 4.93 4.90

Changjiang Publishing & Media 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 8.61 -1.73 1.82 11.89 5.09

Competitive Comparison of Changjiang Publishing & Media Co's Effective Interest Rate on Debt %

For the Publishing subindustry, Changjiang Publishing & Media 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.


Changjiang Publishing & Media Co's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Changjiang Publishing & Media Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Changjiang Publishing & Media Co's Effective Interest Rate on Debt % falls into.



Changjiang Publishing & Media Co Effective Interest Rate on Debt % Calculation

Changjiang Publishing & Media 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  *  -2.981/( (72.086+49.565)/ 2 )
=-1  *  -2.981/60.8255
=4.90 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.359 + 42.727
=72.086

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.378 + 22.187
=49.565

Changjiang Publishing & Media 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  *  -3.44/( (49.565+85.664)/ 2 )
=-1  *  -3.44/67.6145
=5.09 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27.378 + 22.187
=49.565

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=63.226 + 22.438
=85.664

* 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.


Changjiang Publishing & Media Co  (SHSE:600757) Effective Interest Rate on Debt % Explanation

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


Changjiang Publishing & Media Co Effective Interest Rate on Debt % Related Terms

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Changjiang Publishing & Media Co (SHSE:600757) Business Description

Traded in Other Exchanges
N/A
Address
No. 268 Xiongchu Avenue, 11th-12th Floor, Block B, Hubei Publishing Culture City, Hubei Province, Wuhan, CHN, 430070
Changjiang Publishing & Media Co Ltd is engaged in the publication and media industry, as well as the manufacturing of clothing and other fiber products.
Executives
Zhou Yi Ping Director
Tian Wu Ying senior management
Wan Zhi Director
Hua Ying Sheng Director
Luo Jin Supervisors

Changjiang Publishing & Media Co (SHSE:600757) Headlines

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