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Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Qinhuangdao Tianqin Equipment Manufacturing 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. Qinhuangdao Tianqin Equipment Manufacturing Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Qinhuangdao Tianqin Equipment Manufacturing Co's average total debt for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Therefore, Qinhuangdao Tianqin Equipment Manufacturing Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was N/A%.


Qinhuangdao Tianqin Equipment Manufacturing Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Qinhuangdao Tianqin Equipment Manufacturing 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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Qinhuangdao Tianqin Equipment Manufacturing Co Effective Interest Rate on Debt % Chart

Qinhuangdao Tianqin Equipment Manufacturing Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Qinhuangdao Tianqin Equipment Manufacturing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Qinhuangdao Tianqin Equipment Manufacturing Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Qinhuangdao Tianqin Equipment Manufacturing 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.


Qinhuangdao Tianqin Equipment Manufacturing Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Qinhuangdao Tianqin Equipment Manufacturing Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Qinhuangdao Tianqin Equipment Manufacturing Co's Effective Interest Rate on Debt % falls into.



Qinhuangdao Tianqin Equipment Manufacturing Co Effective Interest Rate on Debt % Calculation

Qinhuangdao Tianqin Equipment Manufacturing 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  *  -0.018000000000001/( (0+0)/ 1 )
=-1  *  -0.018000000000001/0
=N/A %

where

Qinhuangdao Tianqin Equipment Manufacturing 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  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* 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.


Qinhuangdao Tianqin Equipment Manufacturing Co  (SZSE:300922) Effective Interest Rate on Debt % Explanation

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


Qinhuangdao Tianqin Equipment Manufacturing Co Effective Interest Rate on Debt % Related Terms

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Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Xueshan Road, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004
Qinhuangdao Tianqin Equipment Manufacturing Co Ltd is engaged in the research and development, production and sales of special protective devices and equipment parts centered on the new processing and application technology of polymer composite materials.
Executives
Liu Jin Shu Executives
Zhang Peng Director
Wang Zhao Jun Director
Bi Yi Jun Supervisors
Wang Su Rong Directors, Directors, and Executives
Tong Qiu Ju Executives
Ji Fu Yan Executives
Liu Xing Min Executives
Pan Jian Hui Director
Li Li Yong Supervisors

Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Headlines

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