Chutian Dragon Co (SZSE:003040) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is Chutian Dragon 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. Chutian Dragon Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0 Mil. Chutian Dragon Co's average total debt for the quarter that ended in Mar. 2024 was ¥12 Mil. Therefore, Chutian Dragon Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Chutian Dragon Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chutian Dragon 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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Chutian Dragon Co Effective Interest Rate on Debt % Chart

Chutian Dragon Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.29

2.30

3.43

5.67

5.53

Chutian Dragon Co Quarterly Data
	Dec17	Dec18	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															-	-	-	9.03	-

Competitive Comparison of Chutian Dragon Co's Effective Interest Rate on Debt %

For the Semiconductors subindustry, Chutian Dragon 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.

Chutian Dragon Co's Effective Interest Rate on Debt % Distribution in the Semiconductors Industry

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

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

Chutian Dragon Co Effective Interest Rate on Debt % Calculation

Chutian Dragon 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 * -0.792	/	( (14.959	+	13.687)	/ 2 )
=	-1 * -0.792	/	14.323
=	5.53 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.426	+	6.533
=	14.959

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.138	+	9.549
=	13.687

Chutian Dragon 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 * 0	/	( (13.687	+	10.75)	/ 2 )
=	-1 * 0	/	12.2185
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.138	+	9.549
=	13.687

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.909	+	7.841
=	10.75

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.

Chutian Dragon Co (SZSE:003040) Effective Interest Rate on Debt % Explanation

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

Chutian Dragon Co Effective Interest Rate on Debt % Related Terms

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Chutian Dragon Co (SZSE:003040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Chutian Dragon Co Ltd (SZSE:003040) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Yifa Industrial Zone, Zhuweitian, Fenggang Town, Guangdong Province, Dongguan, CHN, 523697

Website

http://www.ctdcn.com

Chutian Dragon Co Ltd is mainly engaged in the design, research and development, production, sales and service of smart cards. The main products are financial IC cards represented by financial social security cards and standard bank IC cards, and non-financial IC cards represented by communication cards and transportation cards. It has a wide range of customers and important influence in social security, finance, communications, transportation, medical, education and other industries.

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