GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guangdong Feinan Resources Recycling Co Ltd (SZSE:301500) » Definitions » Effective Interest Rate on Debt %

Guangdong Feinan Resources Recycling Co (SZSE:301500) Effective Interest Rate on Debt % : 3.19% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Guangdong Feinan Resources Recycling 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. Guangdong Feinan Resources Recycling Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥144 Mil. Guangdong Feinan Resources Recycling Co's average total debt for the quarter that ended in Mar. 2024 was ¥4,506 Mil. Therefore, Guangdong Feinan Resources Recycling Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.19%.


Guangdong Feinan Resources Recycling Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Guangdong Feinan Resources Recycling 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.

Guangdong Feinan Resources Recycling Co Effective Interest Rate on Debt % Chart

Guangdong Feinan Resources Recycling Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 2.11 4.57 4.25 4.73 2.96

Guangdong Feinan Resources Recycling Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 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 2.57 2.45 3.08 2.64 3.19

Competitive Comparison of Guangdong Feinan Resources Recycling Co's Effective Interest Rate on Debt %

For the Waste Management subindustry, Guangdong Feinan Resources Recycling 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.


Guangdong Feinan Resources Recycling Co's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Feinan Resources Recycling Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Guangdong Feinan Resources Recycling Co's Effective Interest Rate on Debt % falls into.



Guangdong Feinan Resources Recycling Co Effective Interest Rate on Debt % Calculation

Guangdong Feinan Resources Recycling 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  *  -105.187/( (2796.17+4313.956)/ 2 )
=-1  *  -105.187/3555.063
=2.96 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=651.854 + 2144.316
=2796.17

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2108.981 + 2204.975
=4313.956

Guangdong Feinan Resources Recycling 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  *  -143.88/( (4313.956+4698.667)/ 2 )
=-1  *  -143.88/4506.3115
=3.19 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2108.981 + 2204.975
=4313.956

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2187.793 + 2510.874
=4698.667

* 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.


Guangdong Feinan Resources Recycling Co  (SZSE:301500) Effective Interest Rate on Debt % Explanation

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


Guangdong Feinan Resources Recycling Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Guangdong Feinan Resources Recycling Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Feinan Resources Recycling Co (SZSE:301500) Business Description

Traded in Other Exchanges
N/A
Address
No. 3-6, Dachong Section, Guihe Road, Lishui Town, Nanhai, Guangdong, Foshan, CHN, 526233
Guangdong Feinan Resources Recycling Co Ltd is mainly engaged in the disposal of non-ferrous metal hazardous waste and the recycling of renewable resources. It is an environmental protection enterprise covering hazardous waste collection, harmless disposal, and resource recycling. The company applies traditional metallurgical technology to the non-ferrous metal hazardous waste disposal and utilization business. It can combine different batches of hazardous waste with low metal grade and different impurity content with copper-containing materials and adopt leading process technology to ultimately produce electrolytic copper, and ice Copper, anode slime and other resource-based products can truly realize resource regeneration and turn waste into treasure.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Headlines

No Headlines