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Guilin Layn Natural Ingredients (SZSE:002166) Effective Interest Rate on Debt % : 4.01% (As of Mar. 2024)


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What is Guilin Layn Natural Ingredients 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. Guilin Layn Natural Ingredients's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥30 Mil. Guilin Layn Natural Ingredients's average total debt for the quarter that ended in Mar. 2024 was ¥751 Mil. Therefore, Guilin Layn Natural Ingredients's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.01%.


Guilin Layn Natural Ingredients Effective Interest Rate on Debt % Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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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Guilin Layn Natural Ingredients Effective Interest Rate on Debt % Chart

Guilin Layn Natural Ingredients 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 5.33 4.24 3.96 4.36 5.06

Guilin Layn Natural Ingredients 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 3.72 4.74 7.51 3.00 4.01

Competitive Comparison of Guilin Layn Natural Ingredients's Effective Interest Rate on Debt %

For the Farm Products subindustry, Guilin Layn Natural Ingredients'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.


Guilin Layn Natural Ingredients's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guilin Layn Natural Ingredients's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Guilin Layn Natural Ingredients's Effective Interest Rate on Debt % falls into.



Guilin Layn Natural Ingredients Effective Interest Rate on Debt % Calculation

Guilin Layn Natural Ingredients'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  *  -32.901/( (613.557+687.16)/ 2 )
=-1  *  -32.901/650.3585
=5.06 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=97.61 + 515.947
=613.557

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=65.171 + 621.989
=687.16

Guilin Layn Natural Ingredients'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  *  -30.104/( (687.16+814.789)/ 2 )
=-1  *  -30.104/750.9745
=4.01 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=65.171 + 621.989
=687.16

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.069 + 769.72
=814.789

* 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.


Guilin Layn Natural Ingredients  (SZSE:002166) Effective Interest Rate on Debt % Explanation

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


Guilin Layn Natural Ingredients Effective Interest Rate on Debt % Related Terms

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Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004
Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.
Executives
Yao Xin De Director
Huang Li Juan Independent director
Qin Ben Jun Directors, executives
Liu Hong Yu Independent director
Bai Yu Directors, executives
Jiang Xiao San Directors, executives
Jiang Zhi Gang Supervisors
Xie Yong Fu Executives

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