XGD (SZSE:300130) Effective Interest Rate on Debt % : 2.78% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is XGD 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. XGD's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥1 Mil. XGD's average total debt for the quarter that ended in Mar. 2024 was ¥30 Mil. Therefore, XGD's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.78%.

XGD Effective Interest Rate on Debt % Historical Data

The historical data trend for XGD'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.

XGD Effective Interest Rate on Debt % Chart

XGD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.86

4.50

4.81

9.42

4.93

XGD 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															4.01	5.87	1.43	9.81	2.78

Competitive Comparison of XGD's Effective Interest Rate on Debt %

For the Business Equipment & Supplies subindustry, XGD'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.

XGD's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XGD's Effective Interest Rate on Debt % distribution charts can be found below:

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

XGD Effective Interest Rate on Debt % Calculation

XGD'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 * -1.704	/	( (38.56	+	30.55)	/ 2 )
=	-1 * -1.704	/	34.555
=	4.93 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.025	+	25.535
=	38.56

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.222	+	19.328
=	30.55

XGD'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 * -0.82	/	( (30.55	+	28.464)	/ 2 )
=	-1 * -0.82	/	29.507
=	2.78 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.222	+	19.328
=	30.55

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.383	+	16.081
=	28.464

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.

XGD (SZSE:300130) Effective Interest Rate on Debt % Explanation

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

XGD Effective Interest Rate on Debt % Related Terms

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

XGD (SZSE:300130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XGD Inc (SZSE:300130) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

17th floor Jinsong,Tairan, Futian District, Shenzhen Trade and Industry Park Building, Shenzhen, CHN

Website

http://www.nexgo.com.cn

XGD Inc is a manufacturer of point of sales (POS) terminals and provide comprehensive associated technical services for electronic payment. It provides electronic funds transfer, debit card service, and other electronic financial services. Its products include smart POS, MINI POS, Wireless POS, Desktop POS, MPOS, and PINPPAD.

Executives

Sun Tong	Directors, executives
Yao Jun	Executives
Li Lin Jie	Supervisors
Shi Xiao Dong	Directors, executives
Jiang Han	Director
Wang Yang	Directors, executives
Wei Yu Hong	Directors, executives
Fang Yuan	Securities Affairs Representative
Zhao Hui	Executives
Li Jian	Executives
Liu Xiang	Directors, executives
Yang Xing	Supervisors
Tong Wei Dong	Executives
Luan Cheng Lan	Supervisors
Li Yan Fang	Secretary Dong

XGD (SZSE:300130) Headlines

No Headlines