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China Overseas Grand Oceans Group (HKSE:00081) Effective Interest Rate on Debt % : 0.17% (As of Dec. 2024)


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What is China Overseas Grand Oceans Group 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. China Overseas Grand Oceans Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$75 Mil. China Overseas Grand Oceans Group's average total debt for the quarter that ended in Dec. 2024 was HK$43,899 Mil. Therefore, China Overseas Grand Oceans Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.17%.


China Overseas Grand Oceans Group Effective Interest Rate on Debt % Historical Data

The historical data trend for China Overseas Grand Oceans Group'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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China Overseas Grand Oceans Group Effective Interest Rate on Debt % Chart

China Overseas Grand Oceans Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.13 0.13 0.14 0.14

China Overseas Grand Oceans Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.16 0.10 0.17 0.11 0.17

Competitive Comparison of China Overseas Grand Oceans Group's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, China Overseas Grand Oceans Group'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.


China Overseas Grand Oceans Group's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Grand Oceans Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Overseas Grand Oceans Group's Effective Interest Rate on Debt % falls into.


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China Overseas Grand Oceans Group Effective Interest Rate on Debt % Calculation

China Overseas Grand Oceans Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -63.476/( (47689.103+42414.798)/ 2 )
=-1  *  -63.476/45051.9505
=0.14 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32849.689 + 14839.414
=47689.103

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29028.072 + 13386.726
=42414.798

China Overseas Grand Oceans Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -74.97/( (45382.388+42414.798)/ 2 )
=-1  *  -74.97/43898.593
=0.17 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31688.857 + 13693.531
=45382.388

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29028.072 + 13386.726
=42414.798

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


China Overseas Grand Oceans Group  (HKSE:00081) Effective Interest Rate on Debt % Explanation

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


China Overseas Grand Oceans Group Effective Interest Rate on Debt % Related Terms

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China Overseas Grand Oceans Group Business Description

Traded in Other Exchanges
N/A
Address
1 Queen’s Road East, Suites 701 - 702, 7th Floor, Three Pacific Place, Kowloon, Hong Kong, HKG
China Overseas Grand Oceans Group Ltd is engaged in general real estate activities. Its main line of business reflects the development of property comprised of residential property projects. The company carries out its business through two segments: Property development and Commercial property operations. The company generates the majority of its revenue from Property development segment, which is engaged in development of property and sales. Geographically, the company generates the majority of its revenue from in the PRC excluding Hong Kong.
Executives
Yung Kwok Kee Billy
Hsu Vivian
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