GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Effective Interest Rate on Debt %

Wan Kei Group Holdings (HKSE:01718) Effective Interest Rate on Debt % : 404.14% (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Wan Kei Group 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. Wan Kei Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$9.2 Mil. Wan Kei Group Holdings's average total debt for the quarter that ended in Sep. 2023 was HK$2.3 Mil. Therefore, Wan Kei Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 404.14%.

Wan Kei Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Wan Kei Group 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.

Wan Kei Group Holdings Effective Interest Rate on Debt % Chart

Wan Kei Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 83.01 173.91 181.67 243.59 378.49

Wan Kei Group Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 206.48 237.39 378.96 560.66 404.14

Competitive Comparison of Wan Kei Group Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Wan Kei Group 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.

Wan Kei Group Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


Wan Kei Group Holdings Effective Interest Rate on Debt % Calculation

Wan Kei Group Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -10.645/( (3.779+1.846)/ 2 )
=-1  *  -10.645/2.8125
=378.49 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.56 + 3.219
=3.779

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.872 + 0.974
=1.846

Wan Kei Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -9.174/( (1.846+2.694)/ 2 )
=-1  *  -9.174/2.27
=404.14 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.872 + 0.974
=1.846

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.373 + 1.321
=2.694

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

Wan Kei Group Holdings  (HKSE:01718) Effective Interest Rate on Debt % Explanation

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

Wan Kei Group Holdings Effective Interest Rate on Debt % Related Terms

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

Wan Kei Group Holdings (HKSE:01718) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:01429 HKSE:03822 HKSE:01865 HKSE:01693 HKSE:01408 HKSE:01633 HKSE:01420 HKSE:01591 HKSE:00784 HKSE:01552 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 288 Hennessy Road, Unit No. 07, 16th Floor Emperor Group Centre, Wanchai, Hong Kong, HKG
Website
http://www.hkex1718.hk
Wan Kei Group Holdings Ltd is an engineering and construction company. It is engaged in the provision of foundation works including mini piles, pipe piles, and king posts. It also offers socketed steel, driven piles, and pre-drilling works. The operating business segments are Foundation Construction, Ground Investigation Services, Trading of beauty and skin care products and Financial Services. The Foundation construction segment provides foundation construction works to customers in Hong Kong, the Ground investigation services segment provides ground investigation services to customers in Hong Kong, Financial services segment provides investment, financing, and moneylending services. The company derives revenue mainly from the Foundation construction segment.
Executives
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Chu Yuet Wah 2201 Interest of corporation controlled by you
Samwood Global Limited 2103 Interests held jointly with another person
Suntecli Company Limited 2101 Beneficial owner
Chan Sui Yau 2202 Interest of your spouse
Fong Hon Hung 2103 Interests held jointly with another person
Kwong Sui Sim 2202 Interest of your spouse
Lau Woon Si 2201 Interest of corporation controlled by you
Leung Man Lun Stephen 2103 Interests held jointly with another person
So Choi 2202 Interest of your spouse
Coast International Asset Management Limited 2102 Investment manager

Wan Kei Group Holdings (HKSE:01718) Headlines

No Headlines