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Dongguan Development (Holdings) Co (SZSE:000828) Effective Interest Rate on Debt % : 1.37% (As of Mar. 2024)


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What is Dongguan Development (Holdings) 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. Dongguan Development (Holdings) Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥128 Mil. Dongguan Development (Holdings) Co's average total debt for the quarter that ended in Mar. 2024 was ¥9,333 Mil. Therefore, Dongguan Development (Holdings) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.37%.


Dongguan Development (Holdings) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Dongguan Development (Holdings) 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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Dongguan Development (Holdings) Co Effective Interest Rate on Debt % Chart

Dongguan Development (Holdings) 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 1.91 2.33 2.97 1.91 1.46

Dongguan Development (Holdings) 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 1.34 1.30 1.19 1.35 1.37

Competitive Comparison of Dongguan Development (Holdings) Co's Effective Interest Rate on Debt %

For the Infrastructure Operations subindustry, Dongguan Development (Holdings) 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.


Dongguan Development (Holdings) Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Development (Holdings) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Dongguan Development (Holdings) Co's Effective Interest Rate on Debt % falls into.



Dongguan Development (Holdings) Co Effective Interest Rate on Debt % Calculation

Dongguan Development (Holdings) 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  *  -131.071/( (9489.484+8458.034)/ 2 )
=-1  *  -131.071/8973.759
=1.46 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5617.357 + 3872.127
=9489.484

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4423.871 + 4034.163
=8458.034

Dongguan Development (Holdings) 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  *  -127.836/( (8458.034+10207.978)/ 2 )
=-1  *  -127.836/9333.006
=1.37 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4423.871 + 4034.163
=8458.034

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4718.893 + 5489.085
=10207.978

* 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.


Dongguan Development (Holdings) Co  (SZSE:000828) Effective Interest Rate on Debt % Explanation

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


Dongguan Development (Holdings) Co Effective Interest Rate on Debt % Related Terms

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Dongguan Development (Holdings) Co (SZSE:000828) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Guanzhang Road, Dongcheng District, Dongguan, Guangdong, CHN, 523110
Dongguan Development (Holdings) Co Ltd operates as a highway operator in China.
Executives
Wang Qing Ming Directors, executives
Huang Yong Executives
Yin Zhi Peng Supervisors
Guo Xu Dong Supervisors
Yin Jin Rong Director
Zhao Hong Jian Executives
Lin Bo Director
Liu Qi Lan Supervisors

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