Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Effective Interest Rate on Debt % : 6.04% (As of Dec. 2023)

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What is Yue Yuen Industrial (Holdings) 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. Yue Yuen Industrial (Holdings)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $75 Mil. Yue Yuen Industrial (Holdings)'s average total debt for the quarter that ended in Dec. 2023 was $1,240 Mil. Therefore, Yue Yuen Industrial (Holdings)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.04%.

Yue Yuen Industrial (Holdings) Effective Interest Rate on Debt % Historical Data

The historical data trend for Yue Yuen Industrial (Holdings)'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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Yue Yuen Industrial (Holdings) Effective Interest Rate on Debt % Chart

Yue Yuen Industrial (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.88

2.70

2.16

3.37

5.57

Yue Yuen Industrial (Holdings) Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.35	4.66	-	5.86	6.04

Competitive Comparison of Yue Yuen Industrial (Holdings)'s Effective Interest Rate on Debt %

For the Footwear & Accessories subindustry, Yue Yuen Industrial (Holdings)'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.

Yue Yuen Industrial (Holdings)'s Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Effective Interest Rate on Debt % falls into.

Yue Yuen Industrial (Holdings) Effective Interest Rate on Debt % Calculation

Yue Yuen Industrial (Holdings)'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 * -83.69	/	( (1766.174	+	1239.66)	/ 2 )
=	-1 * -83.69	/	1502.917
=	5.57 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1146.407	+	619.767
=	1766.174

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	507.305	+	732.355
=	1239.66

Yue Yuen Industrial (Holdings)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -74.884	/	( (0	+	1239.66)	/ 1 )
=	-1 * -74.884	/	1239.66
=	6.04 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	507.305	+	732.355
=	1239.66

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Yue Yuen Industrial (Holdings) (OTCPK:YUEIY) Effective Interest Rate on Debt % Explanation

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

Yue Yuen Industrial (Holdings) Effective Interest Rate on Debt % Related Terms

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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yue Yuen Industrial (Holdings) Ltd (OTCPK:YUEIY) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

YUEIF:USA 00551:Hong Kong YUE1:Germany

Address

108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.yueyuen.com

Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

From GuruFocus

Brandes Investment Trust Comments on Yue Yuen

By Holly LaFon • 12-04-2015