GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Liu Chong Hing Investment Ltd (HKSE:00194) » Definitions » Effective Interest Rate on Debt %

Liu Chong Hing Investment (HKSE:00194) Effective Interest Rate on Debt % : 6.43% (As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Liu Chong Hing Investment 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. Liu Chong Hing Investment's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$159.4 Mil. Liu Chong Hing Investment's average total debt for the quarter that ended in Dec. 2023 was HK$2,478.7 Mil. Therefore, Liu Chong Hing Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.43%.


Liu Chong Hing Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for Liu Chong Hing Investment'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.

Liu Chong Hing Investment Effective Interest Rate on Debt % Chart

Liu Chong Hing Investment 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 3.79 2.88 1.41 2.91 6.00

Liu Chong Hing Investment 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 1.36 1.94 3.67 4.94 6.43

Competitive Comparison of Liu Chong Hing Investment's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Liu Chong Hing Investment'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.


Liu Chong Hing Investment's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Liu Chong Hing Investment's Effective Interest Rate on Debt % falls into.



Liu Chong Hing Investment Effective Interest Rate on Debt % Calculation

Liu Chong Hing Investment'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  *  -138.495/( (2210.824+2405.205)/ 2 )
=-1  *  -138.495/2308.0145
=6.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1216.161 + 994.663
=2210.824

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=629.514 + 1775.691
=2405.205

Liu Chong Hing Investment'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  *  -159.444/( (2552.177+2405.205)/ 2 )
=-1  *  -159.444/2478.691
=6.43 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.926 + 2248.251
=2552.177

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=629.514 + 1775.691
=2405.205

* 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.


Liu Chong Hing Investment  (HKSE:00194) Effective Interest Rate on Debt % Explanation

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


Liu Chong Hing Investment Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Liu Chong Hing Investment's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Liu Chong Hing Investment (HKSE:00194) Business Description

Traded in Other Exchanges
N/A
Address
24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG
Liu Chong Hing Investment Ltd is an investment holding company engaged in property investment and property development. It has six operating segments the Property Investment segment is engaged in the investment and leasing of properties; the Property Development segment is engaged in the development and sales of properties; the Property Management segment is engaged in the provision of property management services; Treasury Investment is engaged in dealing and investing in securities and other financial instruments; Trading and Manufacturing segment is engaged in the manufacture and wholesale of magnetic products; Hotel Operation segment is engaged in the operation and management of hotels, and it derives the maximum revenue from the Property investment segment.
Executives
Alba Holdings Limited 2101 Beneficial owner
Liu Lit Chi 2201 Interest of corporation controlled by you

Liu Chong Hing Investment (HKSE:00194) Headlines

No Headlines