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EuroEyes International Eye Clinic (HKSE:01846) Effective Interest Rate on Debt % : 3.10% (As of Dec. 2023)


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What is EuroEyes International Eye Clinic 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. EuroEyes International Eye Clinic's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$11.6 Mil. EuroEyes International Eye Clinic's average total debt for the quarter that ended in Dec. 2023 was HK$375.1 Mil. Therefore, EuroEyes International Eye Clinic's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.10%.


EuroEyes International Eye Clinic Effective Interest Rate on Debt % Historical Data

The historical data trend for EuroEyes International Eye Clinic'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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EuroEyes International Eye Clinic Effective Interest Rate on Debt % Chart

EuroEyes International Eye Clinic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 3.15 2.96 3.25 2.78 2.88

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.13 2.75 2.32 2.37 3.10

Competitive Comparison of EuroEyes International Eye Clinic's Effective Interest Rate on Debt %

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic's Effective Interest Rate on Debt % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's Effective Interest Rate on Debt % falls into.



EuroEyes International Eye Clinic Effective Interest Rate on Debt % Calculation

EuroEyes International Eye Clinic'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  *  -9.703/( (290.411+384.262)/ 2 )
=-1  *  -9.703/337.3365
=2.88 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=242.646 + 47.765
=290.411

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=313.52 + 70.742
=384.262

EuroEyes International Eye Clinic'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  *  -11.634/( (365.867+384.262)/ 2 )
=-1  *  -11.634/375.0645
=3.10 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=302.063 + 63.804
=365.867

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=313.52 + 70.742
=384.262

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


EuroEyes International Eye Clinic  (HKSE:01846) Effective Interest Rate on Debt % Explanation

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


EuroEyes International Eye Clinic Effective Interest Rate on Debt % Related Terms

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EuroEyes International Eye Clinic (HKSE:01846) Business Description

Traded in Other Exchanges
N/A
Address
Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.
Executives
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse

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