Kina Securities (ASX:KSL) Effective Interest Rate on Debt % : 139.05% (As of Dec. 2023)

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What is Kina Securities 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. Kina Securities's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was A$19.1 Mil. Kina Securities's average total debt for the quarter that ended in Dec. 2023 was A$13.8 Mil. Therefore, Kina Securities's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 139.05%.

Kina Securities Effective Interest Rate on Debt % Historical Data

The historical data trend for Kina Securities'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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Kina Securities Effective Interest Rate on Debt % Chart

Kina Securities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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58.05

58.58

61.59

95.82

132.52

Kina Securities Semi-Annual Data
	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												63.46	75.50	115.12	128.63	139.05

Competitive Comparison of Kina Securities's Effective Interest Rate on Debt %

For the Financial Conglomerates subindustry, Kina Securities'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.

Kina Securities's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kina Securities's Effective Interest Rate on Debt % distribution charts can be found below:

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

Kina Securities Effective Interest Rate on Debt % Calculation

Kina Securities'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 * -19.393	/	( (16.172	+	13.095)	/ 2 )
=	-1 * -19.393	/	14.6335
=	132.52 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.569	+	4.603
=	16.172

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.095	+	0
=	13.095

Kina Securities'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 * -19.12	/	( (14.405	+	13.095)	/ 2 )
=	-1 * -19.12	/	13.75
=	139.05 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	14.405
=	14.405

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.095	+	0
=	13.095

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.

Kina Securities (ASX:KSL) Effective Interest Rate on Debt % Explanation

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

Kina Securities Effective Interest Rate on Debt % Related Terms

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Kina Securities (ASX:KSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kina Securities Ltd (ASX:KSL) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Douglas Street, PO Box 1141, 9th Level, Kina Bank Haus, Port Moresby, PNG, NCD 121

Website

https://www.kinabank.com.pg

Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Kina Bank and Kina Wealth Management. The bank segment includes the operations of the Kina Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.

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