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Shenzhen FRD Science & Techonology Co (SZSE:300602) Effective Interest Rate on Debt % : 3.24% (As of Mar. 2024)


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What is Shenzhen FRD Science & Techonology 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. Shenzhen FRD Science & Techonology Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥41 Mil. Shenzhen FRD Science & Techonology Co's average total debt for the quarter that ended in Mar. 2024 was ¥1,279 Mil. Therefore, Shenzhen FRD Science & Techonology Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.24%.


Shenzhen FRD Science & Techonology Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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.

* Premium members only.

Shenzhen FRD Science & Techonology Co Effective Interest Rate on Debt % Chart

Shenzhen FRD Science & Techonology 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 2.60 3.53 4.36 4.34 3.58

Shenzhen FRD Science & Techonology 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 3.64 2.90 2.83 3.33 3.24

Competitive Comparison of Shenzhen FRD Science & Techonology Co's Effective Interest Rate on Debt %

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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.


Shenzhen FRD Science & Techonology Co's Effective Interest Rate on Debt % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen FRD Science & Techonology Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's Effective Interest Rate on Debt % falls into.



Shenzhen FRD Science & Techonology Co Effective Interest Rate on Debt % Calculation

Shenzhen FRD Science & Techonology 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  *  -55.73/( (1766.104+1350.85)/ 2 )
=-1  *  -55.73/1558.477
=3.58 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=427.289 + 1338.815
=1766.104

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.707 + 878.143
=1350.85

Shenzhen FRD Science & Techonology 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  *  -41.464/( (1350.85+1207.858)/ 2 )
=-1  *  -41.464/1279.354
=3.24 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=472.707 + 878.143
=1350.85

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=451.112 + 756.746
=1207.858

* 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.


Shenzhen FRD Science & Techonology Co  (SZSE:300602) Effective Interest Rate on Debt % Explanation

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


Shenzhen FRD Science & Techonology Co Effective Interest Rate on Debt % Related Terms

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Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.
Executives
Ma Fei Director
Du Jin Song Directors, executives
Zhang Quan Hong Executives
Xie Huo Gui Supervisors
Liu Yi Executives
Wang Yan Directors, executives
Ma Jun Directors, executives
Lan Yu Hong Executives
Qiu Huan Wen Directors, executives
Shi Wei Min Executives
Lai Xiang Dong Independent director

Shenzhen FRD Science & Techonology Co (SZSE:300602) Headlines

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