Hans Energy Co (HKSE:00554) Effective Interest Rate on Debt % : 5.39% (As of Dec. 2023)

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What is Hans Energy 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. Hans Energy Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$31.7 Mil. Hans Energy Co's average total debt for the quarter that ended in Dec. 2023 was HK$587.1 Mil. Therefore, Hans Energy Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.39%.

Hans Energy Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hans Energy 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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Hans Energy Co Effective Interest Rate on Debt % Chart

Hans Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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6.28

6.50

6.78

7.35

5.25

Hans Energy Co 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															6.77	6.84	6.86	5.29	5.39

Competitive Comparison of Hans Energy Co's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Hans Energy 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.

Hans Energy Co's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hans Energy Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hans Energy Co's Effective Interest Rate on Debt % falls into.

Hans Energy Co Effective Interest Rate on Debt % Calculation

Hans Energy 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 * -31.7	/	( (617.161	+	591.064)	/ 2 )
=	-1 * -31.7	/	604.1125
=	5.25 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	448.17	+	168.991
=	617.161

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	450.482	+	140.582
=	591.064

Hans Energy Co'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 * -31.668	/	( (583.122	+	591.064)	/ 2 )
=	-1 * -31.668	/	587.093
=	5.39 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	463.366	+	119.756
=	583.122

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	450.482	+	140.582
=	591.064

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.

Hans Energy Co (HKSE:00554) Effective Interest Rate on Debt % Explanation

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

Hans Energy Co Effective Interest Rate on Debt % Related Terms

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Hans Energy Co (HKSE:00554) Business Description

Industry

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Traded in Other Exchanges

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Address

25 Harbour Road, Unit 2608, 26th Floor, Harbour Centre, Wanchai, Hong Kong, HKG

Website

https://www.hansenergy.com

Hans Energy Co Ltd is an operator in the provision of terminal and storage facilities and services for liquid petrochemical products in South China. The company provides integrated facilities of jetties, storage tanks, warehousing, and logistics services. Its reporting segments are Trading, Terminal storage, and Retail. It derives key revenue from the Trading segment which represents the group's trading of oil and petrochemical products business carried out in the PRC and Hong Kong.

Executives

An David	2101 Beneficial owner
Julius Baer Family Office & Trust Ltd.
Vand Petro-chemicals (bvi) Company Ltd.	2101 Beneficial owner
Extreme Wise Investments Limited	2101 Beneficial owner

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