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Luxking Group Holdings (SGX:BKK) Effective Interest Rate on Debt % : 4.17% (As of Dec. 2023)


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What is Luxking 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. Luxking Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$0.79 Mil. Luxking Group Holdings's average total debt for the quarter that ended in Dec. 2023 was S$18.94 Mil. Therefore, Luxking Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.17%.

Luxking Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Luxking 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.

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Luxking Group Holdings Effective Interest Rate on Debt % Chart

Luxking Group Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 5.05 3.30 4.62 4.00

Luxking Group 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 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 Premium Member Only 5.62 3.56 3.13 5.72 4.17

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

For the Specialty Chemicals subindustry, Luxking 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.

Luxking Group Holdings's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luxking Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


Luxking Group Holdings Effective Interest Rate on Debt % Calculation

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -0.86/( (22.887+20.087)/ 2 )
=-1  *  -0.86/21.487
=4.00 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.329 + 22.558
=22.887

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.061 + 20.026
=20.087

Luxking Group 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  *  -0.79/( (20.087+17.79)/ 2 )
=-1  *  -0.79/18.9385
=4.17 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.061 + 20.026
=20.087

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.023 + 17.767
=17.79

* 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.

Luxking Group Holdings  (SGX:BKK) Effective Interest Rate on Debt % Explanation

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

Luxking Group Holdings Effective Interest Rate on Debt % Related Terms

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Luxking Group Holdings (SGX:BKK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxking Group Holdings Ltd (SGX:BKK) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SGX:M15 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB BOM:500820 DD ISX:TPIA OCSE:NSIS B IFF ADX:BOROUGE WLK NSE:PIDILITIND XSWX:EMSN
Traded in Other Exchanges
N/A
Address
Lianfeng Road, Jiu Zhouji, Xiaolan Town, Guangdong Province, Zhongshan, CHN, 528415
Website
http://www.newasiatapes.com
Luxking Group Holdings Ltd is an investment holding company. The company's operating segment includes Manufacture of General Tapes; Manufacture of Industrial Tapes; Manufacture of biaxially oriented polypropylene (BOPP) films and Trading of tapes and BOPP films. It generates maximum revenue from the Manufacture of biaxially oriented polypropylene (BOPP) films segment. The Manufacture of BOPP films segment manufacture and distributes BOPP films for packaging in industries, such as food, pharmaceutical, medical and electrical industries. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Other countries.