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Hutchison Port Holdings Trust (Hutchison Port Holdings Trust) Effective Interest Rate on Debt % : 3.35% (As of Dec. 2023)


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What is Hutchison Port Holdings Trust 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. Hutchison Port Holdings Trust's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $111 Mil. Hutchison Port Holdings Trust's average total debt for the quarter that ended in Dec. 2023 was $3,305 Mil. Therefore, Hutchison Port Holdings Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.35%.


Hutchison Port Holdings Trust Effective Interest Rate on Debt % Historical Data

The historical data trend for Hutchison Port Holdings Trust'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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Hutchison Port Holdings Trust Effective Interest Rate on Debt % Chart

Hutchison Port Holdings Trust 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 3.26 2.40 1.93 2.24 3.14

Hutchison Port Holdings Trust 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 1.92 2.02 2.54 3.01 3.35

Competitive Comparison of Hutchison Port Holdings Trust's Effective Interest Rate on Debt %

For the Marine Shipping subindustry, Hutchison Port Holdings Trust'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.


Hutchison Port Holdings Trust's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hutchison Port Holdings Trust's Effective Interest Rate on Debt % distribution charts can be found below:

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



Hutchison Port Holdings Trust Effective Interest Rate on Debt % Calculation

Hutchison Port Holdings Trust'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  *  -106.607/( (3490.815+3299.509)/ 2 )
=-1  *  -106.607/3395.162
=3.14 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2824.336 + 666.479
=3490.815

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2673.16 + 626.349
=3299.509

Hutchison Port Holdings Trust'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  *  -110.576/( (3309.87+3299.509)/ 2 )
=-1  *  -110.576/3304.6895
=3.35 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3160.663 + 149.207
=3309.87

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2673.16 + 626.349
=3299.509

* 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.


Hutchison Port Holdings Trust  (OTCPK:HCTPF) Effective Interest Rate on Debt % Explanation

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


Hutchison Port Holdings Trust Effective Interest Rate on Debt % Related Terms

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Hutchison Port Holdings Trust (Hutchison Port Holdings Trust) Business Description

Address
1 Harbourfront Avenue, No. 14-07, Keppel Bay Tower, Singapore, SGP, 098632
Hutchison Port Holdings Trust invests in, develops, operates, and manages deep-water container ports. The company invests in other assets including river ports and provides additional port services such as freight forwarding and warehousing. The company derives revenue through the port and related services, transportation and logistics solutions, management and service fee income, and system development and support fees. The port and related services account for the vast majority of revenue. Hutchison Port Holdings operates in both Hong Kong and Mainland China and derives the majority of revenue from Mainland China.

Hutchison Port Holdings Trust (Hutchison Port Holdings Trust) Headlines