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Shenzhen Leaguer Co (SZSE:002243) Effective Interest Rate on Debt % : 2.95% (As of Mar. 2024)


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What is Shenzhen Leaguer 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 Leaguer Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥144 Mil. Shenzhen Leaguer Co's average total debt for the quarter that ended in Mar. 2024 was ¥4,878 Mil. Therefore, Shenzhen Leaguer Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.95%.


Shenzhen Leaguer Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen Leaguer 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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Shenzhen Leaguer Co Effective Interest Rate on Debt % Chart

Shenzhen Leaguer 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 3.46 2.85 2.89 2.78 3.62

Shenzhen Leaguer 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 3.84 3.48 3.26 3.62 2.95

Competitive Comparison of Shenzhen Leaguer Co's Effective Interest Rate on Debt %

For the Packaging & Containers subindustry, Shenzhen Leaguer 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 Leaguer Co's Effective Interest Rate on Debt % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shenzhen Leaguer Co's Effective Interest Rate on Debt % distribution charts can be found below:

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



Shenzhen Leaguer Co Effective Interest Rate on Debt % Calculation

Shenzhen Leaguer 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  *  -164.767/( (4374.918+4733.742)/ 2 )
=-1  *  -164.767/4554.33
=3.62 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3844.846 + 530.072
=4374.918

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3976.061 + 757.681
=4733.742

Shenzhen Leaguer 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  *  -143.888/( (4733.742+5023.105)/ 2 )
=-1  *  -143.888/4878.4235
=2.95 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3976.061 + 757.681
=4733.742

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4301.021 + 722.084
=5023.105

* 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 Leaguer Co  (SZSE:002243) Effective Interest Rate on Debt % Explanation

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


Shenzhen Leaguer Co Effective Interest Rate on Debt % Related Terms

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Shenzhen Leaguer Co (SZSE:002243) Business Description

Traded in Other Exchanges
N/A
Address
No. 1001, Longgang Avenue, Longgang District, Guangdong, Shenzhen, CHN, 518117
Shenzhen Leaguer Co Ltd formerly Shenzhen Beauty Star Co Ltd is engaged in development of new materials, packaging concept design, cosmetic and food plastic packaging production and sales, technological equipments and mold design manufacture, packaging recycling, battery packaging design, and automobile light weighting design.
Executives
He Zhen Directors, executives
Ren Hong Juan Securities Affairs Representative
Yao Zheng Yu Executives
Cao Hai Cheng Director
Lin Mao Qing Supervisors
Cheng Ruo Fei Directors, executives
Wang Ping Director
Sun Jiang Ning Supervisors
Li Gang Director
Lai Xiao Hua Executives

Shenzhen Leaguer Co (SZSE:002243) Headlines

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