Jayud Global Logistics (Jayud Global Logistics) Effective Interest Rate on Debt % : 2.49% (As of Dec. 2023)

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What is Jayud Global Logistics 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. Jayud Global Logistics's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.16 Mil. Jayud Global Logistics's average total debt for the quarter that ended in Dec. 2023 was $6.50 Mil. Therefore, Jayud Global Logistics's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.49%.

Jayud Global Logistics Effective Interest Rate on Debt % Historical Data

The historical data trend for Jayud Global Logistics'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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Jayud Global Logistics Effective Interest Rate on Debt % Chart

Jayud Global Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

4.28

5.97

2.22

1.93

Jayud Global Logistics Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial			6.00	2.16	1.56	1.75	2.49

Competitive Comparison of Jayud Global Logistics's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Jayud Global Logistics'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.

Jayud Global Logistics's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jayud Global Logistics's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Jayud Global Logistics's Effective Interest Rate on Debt % falls into.

Jayud Global Logistics Effective Interest Rate on Debt % Calculation

Jayud Global Logistics'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 * -0.139	/	( (7.338	+	7.099)	/ 2 )
=	-1 * -0.139	/	7.2185
=	1.93 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.536	+	4.802
=	7.338

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.243	+	5.856
=	7.099

Jayud Global Logistics'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 * -0.162	/	( (5.893	+	7.099)	/ 2 )
=	-1 * -0.162	/	6.496
=	2.49 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.809	+	4.084
=	5.893

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.243	+	5.856
=	7.099

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.

Jayud Global Logistics (NAS:JYD) Effective Interest Rate on Debt % Explanation

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

Jayud Global Logistics Effective Interest Rate on Debt % Related Terms

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Jayud Global Logistics (Jayud Global Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayud Global Logistics Ltd (NAS:JYD) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

Shenyan Road, 4th Floor, Building 4, Shatoujiao Free Trade Zone, Yantian District, Shenzhen, CHN

Website

https://www.jayud.com

Jayud Global Logistics Ltd is a end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services. It offers freight forwarding services, (ii) supply chain management, and (iii) other value-added services.