Taka Jewellery Holdings (SGX:42L) Effective Interest Rate on Debt % : 5.16% (As of Dec. 2023)

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What is Taka Jewellery 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. Taka Jewellery Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$2.8 Mil. Taka Jewellery Holdings's average total debt for the quarter that ended in Dec. 2023 was S$53.6 Mil. Therefore, Taka Jewellery Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.16%.

Taka Jewellery Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Taka Jewellery 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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Taka Jewellery Holdings Effective Interest Rate on Debt % Chart

Taka Jewellery Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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2.52

2.01

1.93

4.70

Taka Jewellery Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													2.07	2.15	3.95	4.70	5.16

Competitive Comparison of Taka Jewellery Holdings's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Taka Jewellery 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.

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

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

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

Taka Jewellery Holdings Effective Interest Rate on Debt % Calculation

Taka Jewellery 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 * -2.034	/	( (37.678	+	48.926)	/ 2 )
=	-1 * -2.034	/	43.302
=	4.70 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.639	+	24.039
=	37.678

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.425	+	31.501
=	48.926

Taka Jewellery 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 * -2.766	/	( (48.926	+	58.191)	/ 2 )
=	-1 * -2.766	/	53.5585
=	5.16 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.425	+	31.501
=	48.926

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17.115	+	41.076
=	58.191

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.

Taka Jewellery Holdings (SGX:42L) Effective Interest Rate on Debt % Explanation

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

Taka Jewellery Holdings Effective Interest Rate on Debt % Related Terms

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Taka Jewellery Holdings (SGX:42L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Taka Jewellery Holdings Ltd (SGX:42L) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Kaki Bukit Place, Eunos Techpark, Singapore, SGP, 416181

Website

http://www.takajewellery.com.sg

Taka Jewellery Holdings Ltd is involved in the design, manufacturing and sale of jewellery in Singapore under the Taka Jewellery brand as well as on a wholesale basis to the markets through active participation in international jewellery exhibitions. The company's segment includes Wholesale and Exhibitions; Retail and Financial Services. It generates maximum revenue from the Retail segment. The Retail segment relates to the sale of jewellery to customers at retail outlets, promotional events and headquarters.

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