GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zixin Group Holdings Ltd (SGX:42W) » Definitions » Effective Interest Rate on Debt %

Zixin Group Holdings (SGX:42W) Effective Interest Rate on Debt % : 4.43% (As of Sep. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Zixin Group 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. Zixin Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was S$0.40 Mil. Zixin Group Holdings's average total debt for the quarter that ended in Sep. 2023 was S$9.07 Mil. Therefore, Zixin Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.43%.


Zixin Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Zixin Group 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.

* Premium members only.

Zixin Group Holdings Effective Interest Rate on Debt % Chart

Zixin Group Holdings Annual Data
Trend Jun14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 7.73 4.88 4.29 4.30

Zixin Group Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.35 4.35 3.99 4.20 4.43

Competitive Comparison of Zixin Group Holdings's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Zixin Group 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.


Zixin Group Holdings's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zixin Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Zixin Group Holdings's Effective Interest Rate on Debt % falls into.



Zixin Group Holdings Effective Interest Rate on Debt % Calculation

Zixin Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.364/( (7.7+9.249)/ 2 )
=-1  *  -0.364/8.4745
=4.30 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.048 + 9.201
=9.249

Zixin Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.402/( (9.249+8.888)/ 2 )
=-1  *  -0.402/9.0685
=4.43 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.048 + 9.201
=9.249

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.048 + 8.84
=8.888

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


Zixin Group Holdings  (SGX:42W) Effective Interest Rate on Debt % Explanation

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


Zixin Group Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Zixin Group Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zixin Group Holdings (SGX:42W) Business Description

Traded in Other Exchanges
N/A
Address
10 Anson Road, 27- 06 B, International Plaza, Singapore, SGP, 079903
Zixin Group Holdings Ltd is an investment holding company. The group is engaged in the research, production, and distribution of sweet potato food products across China, processed from purple and orange-fleshed sweet potatoes. The company generates its revenue from Sweet potato processed products and sweet potatoes, where the majority is generated from Sweet potato processed products.

Zixin Group Holdings (SGX:42W) Headlines

No Headlines