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Nexwise Intelligence China (SZSE:301248) Effective Interest Rate on Debt % : 3.56% (As of Mar. 2024)


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What is Nexwise Intelligence China 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. Nexwise Intelligence China's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0.6 Mil. Nexwise Intelligence China's average total debt for the quarter that ended in Mar. 2024 was ¥16.8 Mil. Therefore, Nexwise Intelligence China's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.56%.


Nexwise Intelligence China Effective Interest Rate on Debt % Historical Data

The historical data trend for Nexwise Intelligence China'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.

Nexwise Intelligence China Effective Interest Rate on Debt % Chart

Nexwise Intelligence China Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.64 2.05 0.67 2.06 2.78

Nexwise Intelligence China Quarterly Data
Jun15 Dec17 Dec18 Dec19 Mar20 Jun20 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 1.61 3.16 2.42 3.86 3.56

Competitive Comparison of Nexwise Intelligence China's Effective Interest Rate on Debt %

For the Software - Application subindustry, Nexwise Intelligence China'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.


Nexwise Intelligence China's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Nexwise Intelligence China's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Nexwise Intelligence China's Effective Interest Rate on Debt % falls into.



Nexwise Intelligence China Effective Interest Rate on Debt % Calculation

Nexwise Intelligence China'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  *  -0.571/( (28.116+12.911)/ 2 )
=-1  *  -0.571/20.5135
=2.78 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.092 + 14.024
=28.116

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.498 + 4.413
=12.911

Nexwise Intelligence China'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  *  -0.596/( (12.911+20.595)/ 2 )
=-1  *  -0.596/16.753
=3.56 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.498 + 4.413
=12.911

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16.92 + 3.675
=20.595

* 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.


Nexwise Intelligence China  (SZSE:301248) Effective Interest Rate on Debt % Explanation

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


Nexwise Intelligence China Effective Interest Rate on Debt % Related Terms

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Nexwise Intelligence China (SZSE:301248) Business Description

Traded in Other Exchanges
N/A
Address
No. 162, Science Avenue, Unit 301, Building B3, High-tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
Nexwise Intelligence China Ltd is a high-tech company in computing, intelligent system and security services. It is committed to security systems and intelligent systems, providing excellent services to military, government, police, energy and infrastructure and other partners.

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