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Chengdu Bright Eye Hospital Co (SZSE:301239) Effective Interest Rate on Debt % : 4.39% (As of Mar. 2024)


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What is Chengdu Bright Eye Hospital 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. Chengdu Bright Eye Hospital Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥82 Mil. Chengdu Bright Eye Hospital Co's average total debt for the quarter that ended in Mar. 2024 was ¥1,877 Mil. Therefore, Chengdu Bright Eye Hospital Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.39%.


Chengdu Bright Eye Hospital Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chengdu Bright Eye Hospital 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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Chengdu Bright Eye Hospital Co Effective Interest Rate on Debt % Chart

Chengdu Bright Eye Hospital Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 7.67 0.35 4.77 4.86 4.77

Chengdu Bright Eye Hospital Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 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 4.90 4.46 4.59 4.25 4.39

Competitive Comparison of Chengdu Bright Eye Hospital Co's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, Chengdu Bright Eye Hospital 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.


Chengdu Bright Eye Hospital Co's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chengdu Bright Eye Hospital Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chengdu Bright Eye Hospital Co's Effective Interest Rate on Debt % falls into.



Chengdu Bright Eye Hospital Co Effective Interest Rate on Debt % Calculation

Chengdu Bright Eye Hospital 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  *  -74.668/( (1272.948+1858.677)/ 2 )
=-1  *  -74.668/1565.8125
=4.77 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1024.981 + 247.967
=1272.948

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1450.762 + 407.915
=1858.677

Chengdu Bright Eye Hospital 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  *  -82.476/( (1858.677+1896.294)/ 2 )
=-1  *  -82.476/1877.4855
=4.39 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1450.762 + 407.915
=1858.677

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1654.818 + 241.476
=1896.294

* 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.


Chengdu Bright Eye Hospital Co  (SZSE:301239) Effective Interest Rate on Debt % Explanation

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


Chengdu Bright Eye Hospital Co Effective Interest Rate on Debt % Related Terms

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Chengdu Bright Eye Hospital Co (SZSE:301239) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, North 4th Section, First Ring Road, Jinniu District, Sichuan Province, Chengdu, CHN, 610084
Chengdu Bright Eye Hospital Co Ltd is engaged in providing diagnosis, treatment, health care and medical optometry and other ophthalmic general medical services for patients with ophthalmic diseases.

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