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Cscec Scimee Sci & Tech Co (SZSE:300425) Effective Interest Rate on Debt % : 3.37% (As of Mar. 2024)


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What is Cscec Scimee Sci & Tech 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. Cscec Scimee Sci & Tech Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥28 Mil. Cscec Scimee Sci & Tech Co's average total debt for the quarter that ended in Mar. 2024 was ¥837 Mil. Therefore, Cscec Scimee Sci & Tech Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.37%.


Cscec Scimee Sci & Tech Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Cscec Scimee Sci & Tech 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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Cscec Scimee Sci & Tech Co Effective Interest Rate on Debt % Chart

Cscec Scimee Sci & Tech 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 4.84 3.75 3.49 3.50 3.78

Cscec Scimee Sci & Tech 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 3.55 3.81 3.72 3.91 3.37

Competitive Comparison of Cscec Scimee Sci & Tech Co's Effective Interest Rate on Debt %

For the Pollution & Treatment Controls subindustry, Cscec Scimee Sci & Tech 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.


Cscec Scimee Sci & Tech Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cscec Scimee Sci & Tech Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Cscec Scimee Sci & Tech Co's Effective Interest Rate on Debt % falls into.



Cscec Scimee Sci & Tech Co Effective Interest Rate on Debt % Calculation

Cscec Scimee Sci & Tech 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  *  -30.484/( (798.766+812.069)/ 2 )
=-1  *  -30.484/805.4175
=3.78 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=341.927 + 456.839
=798.766

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=270.555 + 541.514
=812.069

Cscec Scimee Sci & Tech 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  *  -28.196/( (812.069+861.964)/ 2 )
=-1  *  -28.196/837.0165
=3.37 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=270.555 + 541.514
=812.069

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=248.853 + 613.111
=861.964

* 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.


Cscec Scimee Sci & Tech Co  (SZSE:300425) Effective Interest Rate on Debt % Explanation

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


Cscec Scimee Sci & Tech Co Effective Interest Rate on Debt % Related Terms

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Cscec Scimee Sci & Tech Co (SZSE:300425) Business Description

Traded in Other Exchanges
N/A
Address
3 Wu Xin Yi Lu Road, Wuhou District, Sichuan, Chengdu, CHN, 610045
Cscec Scimee Sci & Tech Co Ltd, formerly Scimee Sci & Tech Co Ltd provides high-quality water environment services. The company provides full-process services that cover industrial investment and financing, technology research and development, consulting design, equipment manufacturing, construction and operation, and operation management.
Executives
Yang Wei Executives
Lv Zhi Guo Executives
Xiao Zuo Cai Executives
Tang Yi Jun Executives
Luo Yong Supervisors
Huang Jiang Executives
Wen Shi Ping Directors, executives
Wang Zhe Xiao Executives
Dong Li Ping Executives
Tang Zhi Gang Supervisors
Li Shi Fu Director

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