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China Conch Environment Protection Holdings (HKSE:00587) Effective Interest Rate on Debt % : 2.48% (As of Dec. 2023)


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What is China Conch Environment Protection 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. China Conch Environment Protection Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$113 Mil. China Conch Environment Protection Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$4,577 Mil. Therefore, China Conch Environment Protection Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.48%.


China Conch Environment Protection Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for China Conch Environment Protection 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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China Conch Environment Protection Holdings Effective Interest Rate on Debt % Chart

China Conch Environment Protection Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 3.07 1.69 2.49 2.58 2.50

China Conch Environment Protection Holdings Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 2.17 2.55 2.56 2.49 2.48

Competitive Comparison of China Conch Environment Protection Holdings's Effective Interest Rate on Debt %

For the Waste Management subindustry, China Conch Environment Protection 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.


China Conch Environment Protection Holdings's Effective Interest Rate on Debt % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Conch Environment Protection Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Conch Environment Protection Holdings's Effective Interest Rate on Debt % falls into.



China Conch Environment Protection Holdings Effective Interest Rate on Debt % Calculation

China Conch Environment Protection 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  *  -111.022/( (4223.982+4665.889)/ 2 )
=-1  *  -111.022/4444.9355
=2.50 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3510.114 + 713.868
=4223.982

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3267.708 + 1398.181
=4665.889

China Conch Environment Protection 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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -113.388/( (4487.183+4665.889)/ 2 )
=-1  *  -113.388/4576.536
=2.48 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3618.96 + 868.223
=4487.183

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3267.708 + 1398.181
=4665.889

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


China Conch Environment Protection Holdings  (HKSE:00587) Effective Interest Rate on Debt % Explanation

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


China Conch Environment Protection Holdings Effective Interest Rate on Debt % Related Terms

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China Conch Environment Protection Holdings (HKSE:00587) Business Description

Traded in Other Exchanges
N/A
Address
No. 1005, South Jiuhua Road, Yijiang District, Anhui Province, Wuhu Conch International Conference Center, Wuhu, CHN, 241070
China Conch Environment Protection Holdings Ltd is an energy conservation and environmental protection enterprise focusing on providing eco-friendly and cost-efficient treatment of industrial solid and hazardous waste in China. It had secured around 100 environmental protection projects in various provinces, municipalities, and regions nationwide. The group has three segments: industrial hazardous waste treatment services, industrial solid waste treatment services and comprehensive resource utilization.
Executives
Wang Jingqian 2103 Interests held jointly with another person
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si 2103 Interests held jointly with another person
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Han Zhuhua 2103 Interests held jointly with another person
Zhou Xiaochuan 2103 Interests held jointly with another person
Yan Zi 2103 Interests held jointly with another person
Qi Shengli 2103 Interests held jointly with another person
Ma Wei 2103 Interests held jointly with another person
Liao Dan 2202 Interest of your spouse
Li Xiaobo 2103 Interests held jointly with another person
Li Qunfeng 2103 Interests held jointly with another person
Ji Xian 2103 Interests held jointly with another person
Guo Dan 2103 Interests held jointly with another person

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