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De Rucci Healthy Sleep Co (SZSE:001323) Effective Interest Rate on Debt % : 3.56% (As of Mar. 2024)


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What is De Rucci Healthy Sleep 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. De Rucci Healthy Sleep Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥21 Mil. De Rucci Healthy Sleep Co's average total debt for the quarter that ended in Mar. 2024 was ¥592 Mil. Therefore, De Rucci Healthy Sleep Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.56%.


De Rucci Healthy Sleep Co Effective Interest Rate on Debt % Historical Data

The historical data trend for De Rucci Healthy Sleep 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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De Rucci Healthy Sleep Co Effective Interest Rate on Debt % Chart

De Rucci Healthy Sleep Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 7.44 2.30 4.98 5.39 2.86

De Rucci Healthy Sleep Co Quarterly Data
Dec18 Dec19 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 4.74 6.18 9.94 2.50 3.56

Competitive Comparison of De Rucci Healthy Sleep Co's Effective Interest Rate on Debt %

For the Furnishings, Fixtures & Appliances subindustry, De Rucci Healthy Sleep 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.


De Rucci Healthy Sleep Co's Effective Interest Rate on Debt % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De Rucci Healthy Sleep Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where De Rucci Healthy Sleep Co's Effective Interest Rate on Debt % falls into.



De Rucci Healthy Sleep Co Effective Interest Rate on Debt % Calculation

De Rucci Healthy Sleep 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  *  -8.793/( (103.603+511.883)/ 2 )
=-1  *  -8.793/307.743
=2.86 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=62.745 + 40.858
=103.603

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=46.602 + 465.281
=511.883

De Rucci Healthy Sleep 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  *  -21.064/( (511.883+671.853)/ 2 )
=-1  *  -21.064/591.868
=3.56 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=46.602 + 465.281
=511.883

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=52.398 + 619.455
=671.853

* 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.


De Rucci Healthy Sleep Co  (SZSE:001323) Effective Interest Rate on Debt % Explanation

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


De Rucci Healthy Sleep Co Effective Interest Rate on Debt % Related Terms

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De Rucci Healthy Sleep Co (SZSE:001323) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Houjie Science and Technology Avenue, Houjie Town, Guangdong Province, Dongguan, CHN, 523900
De Rucci Healthy Sleep Co Ltd specializes in the research and development, production and sales of a complete set of healthy sleep systems.
Executives
Deng Yong Hui Executives

De Rucci Healthy Sleep Co (SZSE:001323) Headlines

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