AMTD IDEA Group (AMTD IDEA Group) Effective Interest Rate on Debt %

: 12.26% (As of Jun. 2023)

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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. AMTD IDEA Group's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $7.2 Mil. AMTD IDEA Group's average total debt for the quarter that ended in Jun. 2023 was $58.5 Mil. Therefore, AMTD IDEA Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 12.26%.

AMTD IDEA Group Effective Interest Rate on Debt % Historical Data

The historical data trend for AMTD IDEA Group'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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AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

2.68

7.55

5.76

3.06

2.03

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %								3.79	3.04	1.50	5.23	12.26

Competitive Comparison

For the Asset Management subindustry, AMTD IDEA Group'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.

AMTD IDEA Group Effective Interest Rate on Debt % Distribution

For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

AMTD IDEA Group Effective Interest Rate on Debt % Calculation

AMTD IDEA Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -0.861	/	( (64.227	+	20.539)	/ 2 )
=	-1 * -0.861	/	42.383
=	2.03 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14.359	+	49.868
=	64.227

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.457	+	20.082
=	20.539

AMTD IDEA Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -7.174	/	( (20.539	+	96.447)	/ 2 )
=	-1 * -7.174	/	58.493
=	12.26 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.457	+	20.082
=	20.539

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	30.398	+	66.049
=	96.447

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

AMTD IDEA Group (NYSE:AMTD) Effective Interest Rate on Debt % Explanation

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

AMTD IDEA Group Effective Interest Rate on Debt % Related Terms

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AMTD IDEA Group (AMTD IDEA Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

HKB:Singapore

Address

41 Connaught Road Central, 23rd Floor Nexxus Building, Hong Kong, HKG

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in four business segment: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with exclusive, paid access to enhance investor communication, investor relations and corporate communication. The fashion and luxury media advertising and marketing services segment, engages in provision of print and digital advertising campaigns, licensing, and value-added marketing services including branded content, video production, social media activation. The strategic investment segment engages in proprietary investments and management of investment portfolio.