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CCS Supply Chain Management Co (SHSE:600180) Effective Interest Rate on Debt % : 8.51% (As of Mar. 2024)


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What is CCS Supply Chain Management 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. CCS Supply Chain Management Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥250 Mil. CCS Supply Chain Management Co's average total debt for the quarter that ended in Mar. 2024 was ¥2,940 Mil. Therefore, CCS Supply Chain Management Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.51%.


CCS Supply Chain Management Co Effective Interest Rate on Debt % Historical Data

The historical data trend for CCS Supply Chain Management 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.

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CCS Supply Chain Management Co Effective Interest Rate on Debt % Chart

CCS Supply Chain Management Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 9.70 8.95 10.02 11.12

CCS Supply Chain Management Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.48 12.15 10.21 10.31 8.51

Competitive Comparison of CCS Supply Chain Management Co's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, CCS Supply Chain Management 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.


CCS Supply Chain Management Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CCS Supply Chain Management Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CCS Supply Chain Management Co's Effective Interest Rate on Debt % falls into.



CCS Supply Chain Management Co Effective Interest Rate on Debt % Calculation

CCS Supply Chain Management 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  *  -313.212/( (2800.729+2834.295)/ 2 )
=-1  *  -313.212/2817.512
=11.12 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=361.939 + 2438.79
=2800.729

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=356.016 + 2478.279
=2834.295

CCS Supply Chain Management 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  *  -250.228/( (2834.295+3046.64)/ 2 )
=-1  *  -250.228/2940.4675
=8.51 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=356.016 + 2478.279
=2834.295

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=502.503 + 2544.137
=3046.64

* 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.


CCS Supply Chain Management Co  (SHSE:600180) Effective Interest Rate on Debt % Explanation

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


CCS Supply Chain Management Co Effective Interest Rate on Debt % Related Terms

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CCS Supply Chain Management Co (SHSE:600180) Business Description

Traded in Other Exchanges
N/A
Address
20/F, HailianMasion, No.20, Business Outer Ring Road, CBD, Zhengdong New Area, Zhengzhou, CHN, 450000
CCS Supply Chain Management Co Ltd is a China-based company engaged in coal supply chain management business. In addition, it is also engaged in supply chain financial business. Through its subsidiaries, the company is also engaged in the procurement and sales of coal.
Executives
Li Qun Li Director
Yan Gang Director
Zhang Ju Fang senior management
Wang Dong Sheng Director
Li Ai Jun senior management
Xing Guo Zhen Director
Jiang Hai Lin Director
Jiang Shao Qing Director
Jiang Pei Qi Supervisors

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