AECC Aviation Power Co (SHSE:600893) Effective Interest Rate on Debt % : 3.31% (As of Mar. 2024)

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What is AECC Aviation Power 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. AECC Aviation Power Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥295 Mil. AECC Aviation Power Co's average total debt for the quarter that ended in Mar. 2024 was ¥8,895 Mil. Therefore, AECC Aviation Power Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.31%.

AECC Aviation Power Co Effective Interest Rate on Debt % Historical Data

The historical data trend for AECC Aviation Power 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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AECC Aviation Power Co Effective Interest Rate on Debt % Chart

AECC Aviation Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.41

0.65

0.47

5.00

4.58

AECC Aviation Power 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															5.79	4.39	3.23	3.98	3.31

Competitive Comparison of AECC Aviation Power Co's Effective Interest Rate on Debt %

For the Aerospace & Defense subindustry, AECC Aviation Power 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.

AECC Aviation Power Co's Effective Interest Rate on Debt % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aviation Power Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where AECC Aviation Power Co's Effective Interest Rate on Debt % falls into.

AECC Aviation Power Co Effective Interest Rate on Debt % Calculation

AECC Aviation Power 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 * -295.983	/	( (3355.996	+	9560.8)	/ 2 )
=	-1 * -295.983	/	6458.398
=	4.58 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	793.695	+	2562.301
=	3355.996

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	632.234	+	8928.566
=	9560.8

AECC Aviation Power 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 * -294.516	/	( (9560.8	+	8229.805)	/ 2 )
=	-1 * -294.516	/	8895.3025
=	3.31 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	632.234	+	8928.566
=	9560.8

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	656.517	+	7573.288
=	8229.805

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.

AECC Aviation Power Co (SHSE:600893) Effective Interest Rate on Debt % Explanation

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

AECC Aviation Power Co Effective Interest Rate on Debt % Related Terms

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AECC Aviation Power Co (SHSE:600893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aviation Power Co Ltd (SHSE:600893) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengcheng Road, Weiyang District, Shaanxi Province, Xi'an, CHN, 710021

Website

http://www.xaec.com

AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.

Executives

Lei Wei Long	Director
Shu Wei	senior management
Xu Guang Jing	senior management
Pang Wei	Director
Zhao Yue	senior management
Shi Jing Ming	Supervisors
Ning Fu Shun	Director
Mu Ya Shi	senior management

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