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Chu Kong Shipping Enterprises (Group) Co (FRA:CKW) Effective Interest Rate on Debt % : 5.10% (As of Dec. 2023)


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What is Chu Kong Shipping Enterprises (Group) 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. Chu Kong Shipping Enterprises (Group) Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was €2.6 Mil. Chu Kong Shipping Enterprises (Group) Co's average total debt for the quarter that ended in Dec. 2023 was €51.5 Mil. Therefore, Chu Kong Shipping Enterprises (Group) Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.10%.

Chu Kong Shipping Enterprises (Group) Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Chu Kong Shipping Enterprises (Group) 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.

* Premium members only.

Chu Kong Shipping Enterprises (Group) Co Effective Interest Rate on Debt % Chart

Chu Kong Shipping Enterprises (Group) 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 4.94 3.73 2.84 4.94 5.29

Chu Kong Shipping Enterprises (Group) Co 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 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 Premium Member Only 3.56 3.39 6.27 5.11 5.10

Competitive Comparison of Chu Kong Shipping Enterprises (Group) Co's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Chu Kong Shipping Enterprises (Group) 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.

Chu Kong Shipping Enterprises (Group) Co's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chu Kong Shipping Enterprises (Group) Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chu Kong Shipping Enterprises (Group) Co's Effective Interest Rate on Debt % falls into.


Chu Kong Shipping Enterprises (Group) Co Effective Interest Rate on Debt % Calculation

Chu Kong Shipping Enterprises (Group) 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  *  -2.73/( (55.67+47.492)/ 2 )
=-1  *  -2.73/51.581
=5.29 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.324 + 32.346
=55.67

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.798 + 27.694
=47.492

Chu Kong Shipping Enterprises (Group) Co'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  *  -2.626/( (55.556+47.492)/ 2 )
=-1  *  -2.626/51.524
=5.10 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=20.353 + 35.203
=55.556

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=19.798 + 27.694
=47.492

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

Chu Kong Shipping Enterprises (Group) Co  (FRA:CKW) Effective Interest Rate on Debt % Explanation

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

Chu Kong Shipping Enterprises (Group) Co Effective Interest Rate on Debt % Related Terms

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Chu Kong Shipping Enterprises (Group) Co (FRA:CKW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chu Kong Shipping Enterprises (Group) Co Ltd (FRA:CKW) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:06117 HKSE:00351 HKSE:01719 HKSE:00137 HKSE:06119 HKSE:03683 HKSE:02682 HKSE:01549 HKSE:01748 HKSE:08020 BOM:532921 HKSE:01919 XTER:HLAG OCSE:MAERSK B SHSE:600018 TPE:2603 TSE:9101 PHS:ICT TSE:9104 HKSE:00316
Traded in Other Exchanges
00560:Hong Kong
Address
143 Connaught Road, 24th Floor, Chu Kong Shipping Tower, Central, Hong Kong, HKG
Website
https://www.cksd.com
Chu Kong Shipping Enterprises (Group) Co Ltd is an investment holding company, focusing mainly on terminal navigation logistics, high-speed waterway passenger transportation, and fuel supply business. The operating segments of the group are Cargo transportation; Cargo handling and storage; Passenger transportation; Fuel supply; and Corporate and other businesses. It derives key revenue from the Cargo transportation segment which consists of shipping agency, river trade cargo direct shipment and transhipment and container handling and trucking. The group's revenue is derived from operations carried out in Mainland China and Hong Kong.

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