EEKA Fashion Holdings (HKSE:03709) Effective Interest Rate on Debt % : 4.12% (As of Dec. 2023)

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What is EEKA Fashion 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. EEKA Fashion Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$55 Mil. EEKA Fashion Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$1,348 Mil. Therefore, EEKA Fashion Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.12%.

EEKA Fashion Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for EEKA Fashion 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.

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EEKA Fashion Holdings Effective Interest Rate on Debt % Chart

EEKA Fashion Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.62

5.36

3.93

4.40

3.93

EEKA Fashion Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															4.23	4.32	4.82	3.88	4.12

Competitive Comparison of EEKA Fashion Holdings's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, EEKA Fashion 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.

EEKA Fashion Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

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

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

EEKA Fashion Holdings Effective Interest Rate on Debt % Calculation

EEKA Fashion 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 * -53.31	/	( (1326.486	+	1384.823)	/ 2 )
=	-1 * -53.31	/	1355.6545
=	3.93 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	469.193	+	857.293
=	1326.486

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	308.661	+	1076.162
=	1384.823

EEKA Fashion 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 * -55.496	/	( (1311.141	+	1384.823)	/ 2 )
=	-1 * -55.496	/	1347.982
=	4.12 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	364.53	+	946.611
=	1311.141

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	308.661	+	1076.162
=	1384.823

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.

EEKA Fashion Holdings (HKSE:03709) Effective Interest Rate on Debt % Explanation

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

EEKA Fashion Holdings Effective Interest Rate on Debt % Related Terms

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EEKA Fashion Holdings (HKSE:03709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EEKA Fashion Holdings Ltd (HKSE:03709) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terra 4th Road, 26thFloor, B Block, Terra Licheng Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

http://www.eekagroup.com

EEKA Fashion Holdings Ltd is a women's clothing manufacturer and retailer in China. Its high-end Koradior, La Koradior and Koradior Elsewhere brands target women between 30 and 45 years old with dresses, skirts, trousers, shirts, knitwear, vests, jackets, overcoats, scarves, and accessories. The vast majority of its sales are direct to customers through company-operated retail stores. The company also sells its items through third-party e-commerce platforms and through distributor-operated retail stores. Virtually all of its revenue is generated in China.

Executives

Ca Indosuez (switzerland) Sa, Hong Kong Branch	2303 Depositary
Bos Trustee Limited	2201 Interest of corporation controlled by you
Koradior Investments Limited	2101 Beneficial owner
Mayberry Marketing Limited	2201 Interest of corporation controlled by you
Jin Ming	2307 Founder of a discretionary trust who can infl
Jin Ming	2307 Founder of a discretionary trust who can infl
Apex Noble Holdings Limited	2101 Beneficial owner
Heritage Holdings Ltd	2201 Interest of corporation controlled by you
Jin Rui	2307 Founder of a discretionary trust who can infl
Bos Trustee Limited As Trustee	2201 Interest of corporation controlled by you

EEKA Fashion Holdings (HKSE:03709) Headlines

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