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National Electronics Holdings (HKSE:00213) Effective Interest Rate on Debt % : 4.27% (As of Sep. 2023)


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What is National Electronics Holdings 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. National Electronics Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$211.1 Mil. National Electronics Holdings's average total debt for the quarter that ended in Sep. 2023 was HK$4,948.7 Mil. Therefore, National Electronics Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.27%.


National Electronics Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for National Electronics Holdings'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.

National Electronics Holdings Effective Interest Rate on Debt % Chart

National Electronics Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.90 1.93 1.69 2.92

National Electronics Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.68 1.70 2.07 3.80 4.27

Competitive Comparison of National Electronics Holdings's Effective Interest Rate on Debt %

For the Footwear & Accessories subindustry, National Electronics Holdings'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.


National Electronics Holdings's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, National Electronics Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



National Electronics Holdings Effective Interest Rate on Debt % Calculation

National Electronics Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -140.266/( (4700.73+4914.505)/ 2 )
=-1  *  -140.266/4807.6175
=2.92 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3344.958 + 1355.772
=4700.73

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3532.932 + 1381.573
=4914.505

National Electronics Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -211.09/( (4914.505+4982.975)/ 2 )
=-1  *  -211.09/4948.74
=4.27 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3532.932 + 1381.573
=4914.505

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3787.526 + 1195.449
=4982.975

* 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 two times the semi-annual (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Electronics Holdings  (HKSE:00213) Effective Interest Rate on Debt % Explanation

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


National Electronics Holdings Effective Interest Rate on Debt % Related Terms

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National Electronics Holdings (HKSE:00213) Business Description

Traded in Other Exchanges
N/A
Address
11 Pedder Street, The Landmark, Suite 3201, Gloucester Tower, Central, Hong Kong, HKG
National Electronics Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacture of watches and trading of watch movements, Property development and investment, and Hotel operation. The property development and investment segment includes the development and sale of properties and the holding of properties for investment and leasing purposes. The company generates the majority of its revenue from sales of watches. The company has a Geographically presence in North America, Hong Kong, China, Europe, and Other Countries.
Executives
Lee Loewe Bon Chi
Lee Yuen Ching Jimmy
Fenmore Investments Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Americus Holdings Limited 2101 Beneficial owner

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