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International Housewares Retail Co (HKSE:01373) Effective Interest Rate on Debt % : 3.81% (As of Oct. 2023)


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What is International Housewares Retail 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. International Housewares Retail Co's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was HK$24 Mil. International Housewares Retail Co's average total debt for the quarter that ended in Oct. 2023 was HK$619 Mil. Therefore, International Housewares Retail Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 3.81%.


International Housewares Retail Co Effective Interest Rate on Debt % Historical Data

The historical data trend for International Housewares Retail 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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International Housewares Retail Co Effective Interest Rate on Debt % Chart

International Housewares Retail Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 7.76 3.75 3.07 3.10

International Housewares Retail Co Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 3.24 3.03 3.15 3.46 3.81

Competitive Comparison of International Housewares Retail Co's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, International Housewares Retail 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.


International Housewares Retail Co's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, International Housewares Retail Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where International Housewares Retail Co's Effective Interest Rate on Debt % falls into.



International Housewares Retail Co Effective Interest Rate on Debt % Calculation

International Housewares Retail Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2022 )+Total Debt  (A: Apr. 2023 ))/ count )
=-1  *  -17.548/( (536.769+595.73)/ 2 )
=-1  *  -17.548/566.2495
=3.10 %

where

Total Debt  (A: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=226.683 + 310.086
=536.769

Total Debt  (A: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=295.268 + 300.462
=595.73

International Housewares Retail Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2023 )+Total Debt  (Q: Oct. 2023 ))/ count )
=-1  *  -23.582/( (595.73+642.497)/ 2 )
=-1  *  -23.582/619.1135
=3.81 %

where

Total Debt  (Q: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=295.268 + 300.462
=595.73

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=348.467 + 294.03
=642.497

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


International Housewares Retail Co  (HKSE:01373) Effective Interest Rate on Debt % Explanation

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


International Housewares Retail Co Effective Interest Rate on Debt % Related Terms

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International Housewares Retail Co (HKSE:01373) Business Description

Traded in Other Exchanges
N/A
Address
Southmark, 11 Yip Hing Street, 20th Floor, Tower B, Wong Chuk Hang, Hong Kong, HKG
International Housewares Retail Co Ltd and its subsidiaries are houseware retail chains in Hong Kong, Singapore, and Macau. The group offers houseware products through a retail network comprising stores in Hong Kong, Singapore, Macau, Cambodia, East Malaysia, Saudi Arabia and Australia under brands including Japan Home Centre, City Life, Epo gifts and stationery, 123 by ELLA, and Japan Home. The group has reportable operating segments namely Retail, Wholesales, Licensing and others. Hong Kong is the key market of the group, accounting for majorly of its total revenue. It generates the majority of its revenue from the Retail segment.
Executives
Lau Pak Fai Peter 2101 Beneficial owner
Webb David Michael 2201 Interest of corporation controlled by you
Ngai Lai Ha 2101 Beneficial owner

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