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BOCOM International Holdings Co (FRA:597) Effective Interest Rate on Debt % : 6.48% (As of Jun. 2024)


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What is BOCOM International Holdings Co 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. BOCOM International Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was €70.96 Mil. BOCOM International Holdings Co's average total debt for the quarter that ended in Jun. 2024 was €1,094.91 Mil. Therefore, BOCOM International Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 6.48%.


BOCOM International Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for BOCOM International Holdings Co'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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BOCOM International Holdings Co Effective Interest Rate on Debt % Chart

BOCOM International Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 2.60 1.80 3.22 6.33

BOCOM International Holdings Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.93 4.64 5.64 6.82 6.48

Competitive Comparison of BOCOM International Holdings Co's Effective Interest Rate on Debt %

For the Financial Conglomerates subindustry, BOCOM International Holdings Co'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.


BOCOM International Holdings Co's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

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

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



BOCOM International Holdings Co Effective Interest Rate on Debt % Calculation

BOCOM International Holdings Co'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  *  -84.266/( (1544.164+1117.528)/ 2 )
=-1  *  -84.266/1330.846
=6.33 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1544.164 + 0
=1544.164

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1117.528 + 0
=1117.528

BOCOM International Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -70.956/( (1117.528+1072.293)/ 2 )
=-1  *  -70.956/1094.9105
=6.48 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1117.528 + 0
=1117.528

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1072.293 + 0
=1072.293

* 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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


BOCOM International Holdings Co  (FRA:597) Effective Interest Rate on Debt % Explanation

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


BOCOM International Holdings Co Effective Interest Rate on Debt % Related Terms

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BOCOM International Holdings Co Business Description

Traded in Other Exchanges
Address
68 Des Voeux Road Central, 9th Floor, Man Yee Building, Hong Kong, HKG
BOCOM International Holdings Co Ltd is an investment holding company, which operates as an integrated platform for securities and related financial services. The group is engaged in five segments: Brokerage, Corporate finance & underwriting, Asset management & advisory, Margin Financing, Investment & Loan, and Others. It generates revenue from Commission & fee income, Interest income, and Proprietary trading income. The company's geographical segments are Hong Kong and Mainland China, of which the vast majority of its revenue comes from Hong Kong.

BOCOM International Holdings Co Headlines

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