Tai United Holdings (HKSE:00718) Effective Interest Rate on Debt % : 10.33% (As of Jun. 2023)

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What is Tai United 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. Tai United Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was HK$176.5 Mil. Tai United Holdings's average total debt for the quarter that ended in Jun. 2023 was HK$1,708.4 Mil. Therefore, Tai United Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 10.33%.

Tai United Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Tai United 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.

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Tai United Holdings Effective Interest Rate on Debt % Chart

Tai United Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

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4.10

3.20

2.74

12.11

9.73

Tai United Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.31	11.31	9.78	9.70	10.33

Competitive Comparison of Tai United Holdings's Effective Interest Rate on Debt %

For the Medical Distribution subindustry, Tai United 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.

Tai United Holdings's Effective Interest Rate on Debt % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Tai United Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tai United Holdings Effective Interest Rate on Debt % Calculation

Tai United Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -178.153	/	( (1915.167	+	1747.871)	/ 2 )
=	-1 * -178.153	/	1831.519
=	9.73 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.53	+	1913.637
=	1915.167

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.007	+	1745.864
=	1747.871

Tai United Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -176.544	/	( (1747.871	+	1668.94)	/ 2 )
=	-1 * -176.544	/	1708.4055
=	10.33 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.007	+	1745.864
=	1747.871

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.574	+	1668.366
=	1668.94

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

Tai United Holdings (HKSE:00718) Effective Interest Rate on Debt % Explanation

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

Tai United Holdings Effective Interest Rate on Debt % Related Terms

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Tai United Holdings (HKSE:00718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Tai United Holdings Ltd (HKSE:00718) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/taiunited/index.ht

Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.

Executives

Satinu Resources Group Ltd.	2201 Interest of corporation controlled by you
Songbird Sg Pte. Ltd.	2101 Beneficial owner

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