Asia Energy logistics Group (HKSE:00351) Effective Interest Rate on Debt % : 25.52% (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Asia Energy logistics Group 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. Asia Energy logistics Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$2.7 Mil. Asia Energy logistics Group's average total debt for the quarter that ended in Dec. 2023 was HK$10.6 Mil. Therefore, Asia Energy logistics Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 25.52%.

Asia Energy logistics Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Asia Energy logistics Group'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.

Asia Energy logistics Group Effective Interest Rate on Debt % Chart

Asia Energy logistics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

2.35

25.35

31.19

23.55

10.96

Asia Energy logistics Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															33.87	17.08	30.10	14.71	25.52

Competitive Comparison of Asia Energy logistics Group's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Asia Energy logistics Group'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.

Asia Energy logistics Group's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Energy logistics Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Asia Energy logistics Group's Effective Interest Rate on Debt % falls into.

Asia Energy logistics Group Effective Interest Rate on Debt % Calculation

Asia Energy logistics Group'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 * -3.798	/	( (57.235	+	12.067)	/ 2 )
=	-1 * -3.798	/	34.651
=	10.96 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.85	+	55.385
=	57.235

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.117	+	6.95
=	12.067

Asia Energy logistics Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -2.712	/	( (9.183	+	12.067)	/ 2 )
=	-1 * -2.712	/	10.625
=	25.52 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.251	+	8.932
=	9.183

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.117	+	6.95
=	12.067

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Asia Energy logistics Group (HKSE:00351) Effective Interest Rate on Debt % Explanation

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

Asia Energy logistics Group Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Asia Energy logistics Group's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Energy logistics Group (HKSE:00351) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asia Energy logistics Group Ltd (HKSE:00351) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

26 Harbour Road, China Resources Building, Room 2906, 29 Floor, Wanchai, Hong Kong, HKG

Website

https://www.aelg.com.hk

Asia Energy logistics Group Ltd operates through the Telecommunication related business and Shipping and logistics segments. The Shipping and logistics segment which generates the majority of the revenue focuses on investment in owning and operating vessels, coal shipment logistics services, acquisition, management, and operation of terminals, as well as related logistics operations.

Executives

Pang Yuet	2101 Beneficial owner
Jetport Development Limited	2101 Beneficial owner
Oriental Solar Group Limited	2101 Beneficial owner
King Castle Enterprises Limited
Vms Investment Group Limited	2101 Beneficial owner
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Wong Kin Ting	2101 Beneficial owner

Asia Energy logistics Group (HKSE:00351) Headlines

No Headlines