SING Holdings (SGX:5IC) Effective Interest Rate on Debt % : 0.01% (As of Dec. 2023)

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What is SING 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. SING Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$0.03 Mil. SING Holdings's average total debt for the quarter that ended in Dec. 2023 was S$294.62 Mil. Therefore, SING Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.01%.

SING Holdings Effective Interest Rate on Debt % Historical Data

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

SING Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.55

1.12

0.69

0.27

0.01

SING 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															0.48	0.54	-	0.01	0.01

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

For the Real Estate Services subindustry, SING 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.

SING Holdings's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SING Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

SING Holdings Effective Interest Rate on Debt % Calculation

SING 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 * -0.027	/	( (294.775	+	294.566)	/ 2 )
=	-1 * -0.027	/	294.6705
=	0.01 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294.567	+	0.208
=	294.775

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294.35	+	0.216
=	294.566

SING 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 * -0.026	/	( (294.67	+	294.566)	/ 2 )
=	-1 * -0.026	/	294.618
=	0.01 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294.458	+	0.212
=	294.67

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	294.35	+	0.216
=	294.566

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.

SING Holdings (SGX:5IC) Effective Interest Rate on Debt % Explanation

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

SING Holdings Effective Interest Rate on Debt % Related Terms

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SING Holdings (SGX:5IC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SING Holdings Ltd (SGX:5IC) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Robinson Road, No. 10-01, SIF Building, Singapore, SGP, 068899

Website

https://www.singholdings.com

SING Holdings Ltd is a property development and investment company. The company's real estate portfolio includes properties ranging from landed houses, apartments, condominiums, office and industrial buildings, and factories to warehouses. Its residential projects include BelleRive in the Bukit Timah area, The Laurels at Cairnhill, Waterwoods in Punggol and Robin Residences at Robin Drive industrial and commercial buildings such as BizTech Centre along Aljunied Road, Eastgate in the East Coast area and Ocean Towers. It has two segments namely, property development and property investment.

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