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Forward Fashion (International) Holdings Co (HKSE:02528) Effective Interest Rate on Debt % : 7.35% (As of Dec. 2023)


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What is Forward Fashion (International) Holdings 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. Forward Fashion (International) Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$19 Mil. Forward Fashion (International) Holdings Co's average total debt for the quarter that ended in Dec. 2023 was HK$262 Mil. Therefore, Forward Fashion (International) Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.35%.


Forward Fashion (International) Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Forward Fashion (International) Holdings 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.

* Premium members only.

Forward Fashion (International) Holdings Co Effective Interest Rate on Debt % Chart

Forward Fashion (International) Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.12 4.02 4.14 5.83 7.57

Forward Fashion (International) Holdings Co 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 4.60 5.38 6.21 7.79 7.35

Competitive Comparison of Forward Fashion (International) Holdings Co's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Forward Fashion (International) Holdings 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.


Forward Fashion (International) Holdings Co's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Forward Fashion (International) Holdings Co's Effective Interest Rate on Debt % falls into.



Forward Fashion (International) Holdings Co Effective Interest Rate on Debt % Calculation

Forward Fashion (International) Holdings Co'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  *  -19.597/( (252.246+265.644)/ 2 )
=-1  *  -19.597/258.945
=7.57 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=115.979 + 136.267
=252.246

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.256 + 146.388
=265.644

Forward Fashion (International) Holdings Co'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  *  -19.28/( (258.963+265.644)/ 2 )
=-1  *  -19.28/262.3035
=7.35 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=138.03 + 120.933
=258.963

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=119.256 + 146.388
=265.644

* 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.


Forward Fashion (International) Holdings Co  (HKSE:02528) Effective Interest Rate on Debt % Explanation

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


Forward Fashion (International) Holdings Co Effective Interest Rate on Debt % Related Terms

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Forward Fashion (International) Holdings Co (HKSE:02528) Business Description

Traded in Other Exchanges
N/A
Address
The Gateway, Harbour City, Suite 1204, 12th Floor, Tower 6, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Forward Fashion (International) Holdings Co Ltd is engaged in the retail of fashion apparel of international brands ranging from designer label brands, and popular brands to up-and-coming brands in Greater China. Its brands include UM, UM IXOX, and IXOX. It has opened mono-brand stores in Greater China for the brands BLACK BARRETT, CK CALVIN KLEIN, Calvin Klein Jeans, Calvin Klein Performance, Calvin Klein Underwear, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger and Under Armour. It has a business presence in Mainland China, Macau, Hong Kong, and Other regions.
Executives
Gold Star Fashion Limited 2101 Beneficial owner
Cheng King Ling 2202 Interest of your spouse
Fan Wing Ting 2201 Interest of corporation controlled by you

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