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Kaisa Prosperity Holdings (HKSE:02168) Effective Interest Rate on Debt % : 7.49% (As of Dec. 2023)


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What is Kaisa Prosperity 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. Kaisa Prosperity Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$1 Mil. Kaisa Prosperity Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$14 Mil. Therefore, Kaisa Prosperity Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.49%.


Kaisa Prosperity Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Kaisa Prosperity 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.

Kaisa Prosperity Holdings Effective Interest Rate on Debt % Chart

Kaisa Prosperity Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 3.33 7.84 6.67 4.31 4.84

Kaisa Prosperity Holdings Semi-Annual Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.34 4.59 4.88 2.38 7.49

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

For the Real Estate Services subindustry, Kaisa Prosperity 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.


Kaisa Prosperity Holdings's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Prosperity Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Kaisa Prosperity Holdings Effective Interest Rate on Debt % Calculation

Kaisa Prosperity 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  *  -0.736/( (17.212+13.193)/ 2 )
=-1  *  -0.736/15.2025
=4.84 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11.224 + 5.988
=17.212

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.028 + 6.165
=13.193

Kaisa Prosperity 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  *  -1.08/( (15.663+13.193)/ 2 )
=-1  *  -1.08/14.428
=7.49 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.533 + 6.13
=15.663

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7.028 + 6.165
=13.193

* 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.


Kaisa Prosperity Holdings  (HKSE:02168) Effective Interest Rate on Debt % Explanation

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


Kaisa Prosperity Holdings Effective Interest Rate on Debt % Related Terms

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Kaisa Prosperity Holdings (HKSE:02168) Business Description

Traded in Other Exchanges
N/A
Address
66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN
Kaisa Prosperity Holdings Ltd is an investment holding company. It is engaged in four operating business segments. The property management services include providing security, cleaning and gardening, and property repair and maintenance services to residential communities, commercial properties, and public facilities; pre-delivery & consulting services include construction sites management, display units, and property sales venues management and consulting services; community value-added services include fees generated from the car parking, space leasing, and value-added services through both offline and online channels; and smart solution services include installation and maintenance services. Geographically, the company operates across China.
Executives
China Shandong Hi-speed Capital Limited 2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited 2201 Interest of corporation controlled by you
Paramount Access Investments Limited 2201 Interest of corporation controlled by you
Safe Castle Limited 2106 Person having a security interest in shares
Ye Chang Investment Company Limited 2101 Beneficial owner
Kaisa Group Holdings Ltd. 2201 Interest of corporation controlled by you

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