Nexchip Semiconductor (SHSE:688249) Effective Interest Rate on Debt % : 3.30% (As of Mar. 2024)

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What is Nexchip Semiconductor 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. Nexchip Semiconductor's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥554 Mil. Nexchip Semiconductor's average total debt for the quarter that ended in Mar. 2024 was ¥16,793 Mil. Therefore, Nexchip Semiconductor's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.30%.

Nexchip Semiconductor Effective Interest Rate on Debt % Historical Data

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

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.91

5.12

2.52

3.83

3.65

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									4.51	2.35	6.57	2.85	3.30

Competitive Comparison of Nexchip Semiconductor's Effective Interest Rate on Debt %

For the Semiconductors subindustry, Nexchip Semiconductor'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.

Nexchip Semiconductor's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nexchip Semiconductor's Effective Interest Rate on Debt % distribution charts can be found below:

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

Nexchip Semiconductor Effective Interest Rate on Debt % Calculation

Nexchip Semiconductor'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 * -451.674	/	( (11189.804	+	13571.723)	/ 2 )
=	-1 * -451.674	/	12380.7635
=	3.65 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	10191.875	+	997.929
=	11189.804

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11510.03	+	2061.693
=	13571.723

Nexchip Semiconductor'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 * -553.868	/	( (13571.723	+	20013.81)	/ 2 )
=	-1 * -553.868	/	16792.7665
=	3.30 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11510.03	+	2061.693
=	13571.723

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17704.845	+	2308.965
=	20013.81

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.

Nexchip Semiconductor (SHSE:688249) Effective Interest Rate on Debt % Explanation

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

Nexchip Semiconductor Effective Interest Rate on Debt % Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

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Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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