Tesson Holdings (HKSE:01201) Effective Interest Rate on Debt % : 8.00% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Tesson 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. Tesson Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$4.6 Mil. Tesson Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$57.7 Mil. Therefore, Tesson Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 8.00%.

Tesson Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Tesson 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.

Tesson Holdings Effective Interest Rate on Debt % Chart

Tesson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

7.64

4.27

3.16

4.63

8.27

Tesson Holdings 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															3.11	4.07	6.31	7.95	8.00

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

For the Electrical Equipment & Parts subindustry, Tesson 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.

Tesson Holdings's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tesson Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tesson Holdings Effective Interest Rate on Debt % Calculation

Tesson Holdings'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 * -4.777	/	( (62.278	+	53.305)	/ 2 )
=	-1 * -4.777	/	57.7915
=	8.27 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.341	+	56.937
=	62.278

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.513	+	51.792
=	53.305

Tesson Holdings'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 * -4.614	/	( (62.015	+	53.305)	/ 2 )
=	-1 * -4.614	/	57.66
=	8.00 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.326	+	57.689
=	62.015

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.513	+	51.792
=	53.305

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.

Tesson Holdings (HKSE:01201) Effective Interest Rate on Debt % Explanation

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

Tesson Holdings Effective Interest Rate on Debt % Related Terms

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

Tesson Holdings (HKSE:01201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tesson Holdings Ltd (HKSE:01201) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

68 Mody Road, Room 401A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.tessonholdings.com

Tesson Holdings Ltd is engaged in the Lithium-Ion Motive Battery Business and Property and Cultural business. The Group's revenue is derived from the Lithium Ion Motive Battery Business and internet sales business. All revenue generated by the group was derived from the PRC.

Executives

Cui Qiang	2101 Beneficial owner
Double Key International Limited	2101 Beneficial owner
Cheng Hung Mui	2201 Interest of corporation controlled by you
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Finance Limited	2101 Beneficial owner
Cui Qiang	2101 Beneficial owner
Leung Ka Chun	2101 Beneficial owner
Fu Tat Credit Limited	2106 Person having a security interest in shares
Hui Mei Ching	2201 Interest of corporation controlled by you
Lo Shi Ki	2201 Interest of corporation controlled by you

Tesson Holdings (HKSE:01201) Headlines

No Headlines