Ningbo Color Master Batch Co (SZSE:301019) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Ningbo Color Master Batch 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. Ningbo Color Master Batch Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ¥0.0 Mil. Ningbo Color Master Batch Co's average total debt for the quarter that ended in Mar. 2024 was ¥7.5 Mil. Therefore, Ningbo Color Master Batch Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Ningbo Color Master Batch Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Ningbo Color Master Batch 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.

Ningbo Color Master Batch Co Effective Interest Rate on Debt % Chart

Ningbo Color Master Batch Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

20.31

18.94

5.64

4.56

1.82

Ningbo Color Master Batch Co Quarterly Data
	Dec18	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															-	1,047.10	0.57	3.97	-

Competitive Comparison of Ningbo Color Master Batch Co's Effective Interest Rate on Debt %

For the Specialty Chemicals subindustry, Ningbo Color Master Batch 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.

Ningbo Color Master Batch Co's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Color Master Batch Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ningbo Color Master Batch Co's Effective Interest Rate on Debt % falls into.

Ningbo Color Master Batch Co Effective Interest Rate on Debt % Calculation

Ningbo Color Master Batch 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 * -0.1	/	( (0.444	+	10.566)	/ 2 )
=	-1 * -0.1	/	5.505
=	1.82 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.024	+	0.42
=	0.444

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.566
=	10.566

Ningbo Color Master Batch 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	/	( (10.566	+	4.354)	/ 2 )
=	-1 * 0	/	7.46
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	10.566
=	10.566

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.354
=	4.354

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.

Ningbo Color Master Batch Co (SZSE:301019) Effective Interest Rate on Debt % Explanation

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

Ningbo Color Master Batch Co Effective Interest Rate on Debt % Related Terms

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

Ningbo Color Master Batch Co (SZSE:301019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ningbo Color Master Batch Co Ltd (SZSE:301019) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Jinhui West Road, Panhuo Street, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315105

Website

http://www.muli.com.cn

Ningbo Masterbatch Co Ltd is engaged in research and development, production, sales and technical services of masterbatch. The company's products include Color masterbatch, Black masterbatch, White masterbatch, and Functional masterbatch. Its products are used in home appliances, food packaging, cosmetics, daily necessities, building materials, and automobiles.

Executives

Zhao Mao Hua	Director
Zu Wan Nian	Supervisors
Zhou Bi Hong	Director
Zhang Xu Bo	Supervisors

Ningbo Color Master Batch Co (SZSE:301019) Headlines

No Headlines