GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shenzhen Feima International Supply Chain Co Ltd (SZSE:002210) » Definitions » Effective Interest Rate on Debt %

Shenzhen Feima International Supply Chain Co (SZSE:002210) Effective Interest Rate on Debt % : 11.43% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Shenzhen Feima International Supply Chain 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. Shenzhen Feima International Supply Chain Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥31.3 Mil. Shenzhen Feima International Supply Chain Co's average total debt for the quarter that ended in Mar. 2024 was ¥274.1 Mil. Therefore, Shenzhen Feima International Supply Chain Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 11.43%.


Shenzhen Feima International Supply Chain Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Feima International Supply Chain 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.

Shenzhen Feima International Supply Chain Co Effective Interest Rate on Debt % Chart

Shenzhen Feima International Supply Chain 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 16.33 20.88 6.66 7.48 9.07

Shenzhen Feima International Supply Chain 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 6.73 7.85 7.81 10.18 11.43

Competitive Comparison of Shenzhen Feima International Supply Chain Co's Effective Interest Rate on Debt %

For the Airports & Air Services subindustry, Shenzhen Feima International Supply Chain 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.


Shenzhen Feima International Supply Chain Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shenzhen Feima International Supply Chain Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shenzhen Feima International Supply Chain Co's Effective Interest Rate on Debt % falls into.



Shenzhen Feima International Supply Chain Co Effective Interest Rate on Debt % Calculation

Shenzhen Feima International Supply Chain 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  *  -29.024/( (371.255+268.808)/ 2 )
=-1  *  -29.024/320.0315
=9.07 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=242.528 + 128.727
=371.255

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.194 + 147.614
=268.808

Shenzhen Feima International Supply Chain 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  *  -31.328/( (268.808+279.474)/ 2 )
=-1  *  -31.328/274.141
=11.43 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.194 + 147.614
=268.808

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=121.064 + 158.41
=279.474

* 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.


Shenzhen Feima International Supply Chain Co  (SZSE:002210) Effective Interest Rate on Debt % Explanation

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


Shenzhen Feima International Supply Chain Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Shenzhen Feima International Supply Chain Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Feima International Supply Chain Co (SZSE:002210) Business Description

Traded in Other Exchanges
N/A
Address
26th Floor, Shennan Avenue, Sunshine Golf Builing, Futian District, Shenzhen, CHN, 518040
Shenzhen Feima International Supply Chain Co Ltd is a supply chain service provider. The service offered by the group include coal supply chain services, plastic supply chain services and non-ferrous metal supply chain services.
Executives
Zhao Zi Jun Director
Yan Jin Fa Independent director
Huang Shan Min Directors, executives
Cao Jie Directors, executives
Zhan Shuang Supervisors
Qiao Kang Supervisors
Zhao Zi Min Supervisors
Wang Li Mei Director
Luo Zhao Liang Supervisors
Yin Jian Director
Huang Zhuang Mian Directors, executives
Huang Tao Executives

Shenzhen Feima International Supply Chain Co (SZSE:002210) Headlines

No Headlines