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Beijing Roborock Technology Co (SHSE:688169) Effective Interest Rate on Debt % : 4.09% (As of Mar. 2024)


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What is Beijing Roborock Technology 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. Beijing Roborock Technology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥5 Mil. Beijing Roborock Technology Co's average total debt for the quarter that ended in Mar. 2024 was ¥132 Mil. Therefore, Beijing Roborock Technology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.09%.


Beijing Roborock Technology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Beijing Roborock Technology 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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Beijing Roborock Technology Co Effective Interest Rate on Debt % Chart

Beijing Roborock Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial - 2.11 5.64 3.08 8.59

Beijing Roborock Technology 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 4.34 4.73 5.60 20.66 4.09

Competitive Comparison of Beijing Roborock Technology Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, Beijing Roborock Technology 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.


Beijing Roborock Technology Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Roborock Technology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Beijing Roborock Technology Co's Effective Interest Rate on Debt % falls into.



Beijing Roborock Technology Co Effective Interest Rate on Debt % Calculation

Beijing Roborock Technology 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  *  -9.498/( (85.854+135.248)/ 2 )
=-1  *  -9.498/110.551
=8.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.035 + 16.819
=85.854

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.66 + 25.588
=135.248

Beijing Roborock Technology 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  *  -5.4/( (135.248+129.028)/ 2 )
=-1  *  -5.4/132.138
=4.09 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.66 + 25.588
=135.248

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=94.1 + 34.928
=129.028

* 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.


Beijing Roborock Technology Co  (SHSE:688169) Effective Interest Rate on Debt % Explanation

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


Beijing Roborock Technology Co Effective Interest Rate on Debt % Related Terms

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Beijing Roborock Technology Co (SHSE:688169) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Heiquan Road, No. 6016, 6017, 6018, 6th Floor, Block C, Kangjian Baosheng Plaza, Room 6003, Building C, Haidian District, Beijing, CHN, 100085
Beijing Roborock Technology Co Ltd is engaged in research, development, and production of robotic home cleaners and other cleaning appliances. The company's products portfolio includes Roborocok H6, Roborock S6 Serie, Roborock S4, Roborock S5 Max, Roborock S5, Roborock Xiaowa E2, and Roborock Xiaowa E3. Its Roborock acts both as a powerful vacuum, and an mopping robot.
Executives
Tian Jia Core technical personnel
Luo Han Core technical personnel
Quan Gang senior management
Sun Jia Directors, senior managers
Wang Zheng Core technical personnel
Wang Xuan senior management
Shen Rui Senior management, core technical personnel
Qian Qi Jie senior management
Zhang Lei Core technical personnel
Wang Hua Huo Core technical personnel
Wan Yun Peng Directors, senior managers
Chang Jing Directors, senior managers
Xue Ying Nan Core technical personnel
Zhang Yu Qing Core technical personnel
Liu Xiao Yu Core technical personnel

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