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Lepu Medical Technology (Beijing) Co (SZSE:300003) Effective Interest Rate on Debt % : 3.38% (As of Mar. 2024)


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What is Lepu Medical Technology (Beijing) 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. Lepu Medical Technology (Beijing) Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥169 Mil. Lepu Medical Technology (Beijing) Co's average total debt for the quarter that ended in Mar. 2024 was ¥4,992 Mil. Therefore, Lepu Medical Technology (Beijing) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.38%.


Lepu Medical Technology (Beijing) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Lepu Medical Technology (Beijing) 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.

Lepu Medical Technology (Beijing) Co Effective Interest Rate on Debt % Chart

Lepu Medical Technology (Beijing) 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 5.69 5.02 4.45 4.11 3.69

Lepu Medical Technology (Beijing) 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 3.89 3.64 3.06 3.78 3.38

Competitive Comparison of Lepu Medical Technology (Beijing) Co's Effective Interest Rate on Debt %

For the Medical Devices subindustry, Lepu Medical Technology (Beijing) 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.


Lepu Medical Technology (Beijing) Co's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lepu Medical Technology (Beijing) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Lepu Medical Technology (Beijing) Co's Effective Interest Rate on Debt % falls into.



Lepu Medical Technology (Beijing) Co Effective Interest Rate on Debt % Calculation

Lepu Medical Technology (Beijing) 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  *  -170.645/( (4341.633+4910.747)/ 2 )
=-1  *  -170.645/4626.19
=3.69 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2400.788 + 1940.845
=4341.633

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3372.969 + 1537.778
=4910.747

Lepu Medical Technology (Beijing) 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  *  -168.832/( (4910.747+5073.982)/ 2 )
=-1  *  -168.832/4992.3645
=3.38 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3372.969 + 1537.778
=4910.747

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3475.315 + 1598.667
=5073.982

* 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.


Lepu Medical Technology (Beijing) Co  (SZSE:300003) Effective Interest Rate on Debt % Explanation

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


Lepu Medical Technology (Beijing) Co Effective Interest Rate on Debt % Related Terms

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Lepu Medical Technology (Beijing) Co (SZSE:300003) Business Description

Traded in Other Exchanges
N/A
Address
No.27, Qian Qian Road, Changping District, Beijing, Beijing, CHN, 100044
Lepu Medical Technology (Beijing) Co Ltd is a China-based company. It specialized in developing, manufacturing and marketing the high-tech medical devices and equipment. The company is engaged in the fields of cardiovascular interventions, structural heart diseases, cardiac rhythm management, anesthesia and critical care, in vitro diagnostics and general surgery. It operates in more than 80 countries.
Executives
Wei Zhan Jiang Executives
Zhang Zhi Bin Executives
Wang Yong Executives
Guo Tong Jun Executives
Zheng Guo Rui Executives
Pu Zhong Jie Directors, executives
Lv Yong Hui Executives
Chen Juan Executives
Zhang Xia Executives
Wang Jian Hui Executives

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