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. Mexan's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$6.8 Mil. Mexan's average total debt for the quarter that ended in Sep. 2023 was HK$122.8 Mil. Therefore, Mexan's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 5.56%.
Mexan Effective Interest Rate on Debt % Historical Data
The historical data trend for Mexan'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.
Competitive Comparison of Mexan's Effective Interest Rate on Debt %
For the Lodging subindustry, Mexan'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.
Mexan's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mexan's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Mexan's Effective Interest Rate on Debt % falls into.
Mexan Effective Interest Rate on Debt % Calculation
Mexan's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as
* 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 (Sep. 2023) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Mexan (HKSE:00022) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Mexan Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Mexan's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mexan Ltd is a Hong-Kong based company. It is involved in the lodging business sector. The principal activities of the group include property investment, hotel operation, and investment holding. The company has two reportable segments such as Hotel operation includes letting of hotel rooms to non-contracted sales agents and walk-in customers, food and beverage income, miscellaneous sales, and laundry services income net of discounts and Trading of building materials and fit-out construction service includes supply of furniture and building materials and provisions of the design and fit-out construction service. The firm generates its revenue from hotel operations. Geographically the company operates in Hong Kong.
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