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Far East Holdings International (HKSE:00036) Effective Interest Rate on Debt % : 7.50% (As of Dec. 2023)


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What is Far East Holdings International 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. Far East Holdings International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$46.04 Mil. Far East Holdings International's average total debt for the quarter that ended in Dec. 2023 was HK$614.19 Mil. Therefore, Far East Holdings International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.50%.


Far East Holdings International Effective Interest Rate on Debt % Historical Data

The historical data trend for Far East Holdings International'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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Far East Holdings International Effective Interest Rate on Debt % Chart

Far East Holdings International 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 3.10 3.17 2.49 3.32 6.53

Far East Holdings International 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 2.43 2.67 4.11 5.89 7.50

Competitive Comparison of Far East Holdings International's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Far East Holdings International'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.


Far East Holdings International's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Holdings International's Effective Interest Rate on Debt % distribution charts can be found below:

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



Far East Holdings International Effective Interest Rate on Debt % Calculation

Far East Holdings International'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  *  -40.799/( (614.216+634.871)/ 2 )
=-1  *  -40.799/624.5435
=6.53 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 614.216
=614.216

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 634.871
=634.871

Far East Holdings International'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  *  -46.036/( (593.515+634.871)/ 2 )
=-1  *  -46.036/614.193
=7.50 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 593.515
=593.515

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 634.871
=634.871

* 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.


Far East Holdings International  (HKSE:00036) Effective Interest Rate on Debt % Explanation

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


Far East Holdings International Effective Interest Rate on Debt % Related Terms

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Far East Holdings International (HKSE:00036) Business Description

Traded in Other Exchanges
N/A
Address
110–116 Queen’s Road Central, Unit 904, 9th Floor, Wings Building, Hong Kong, HKG
Far East Holdings International Ltd is an investment holding company. Its principal activities of the group include property investment and investment in securities. It has two operating segments of which are Securities investment and Property investment. Its core business is conducted in Hong Kong.

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