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National United Resources Holdings (HKSE:00254) Effective Interest Rate on Debt % : 3.12% (As of Dec. 2023)


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What is National United Resources Holdings 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. National United Resources Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$7.80 Mil. National United Resources Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$249.76 Mil. Therefore, National United Resources Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.12%.

National United Resources Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for National United Resources Holdings'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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National United Resources Holdings Effective Interest Rate on Debt % Chart

National United Resources Holdings Annual Data
Trend Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.88 5.64 3.48 3.27 1.70

National United Resources Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Dec23 Jun24
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 3.19 3.55 13.14 3.12 2.22

Competitive Comparison of National United Resources Holdings's Effective Interest Rate on Debt %

For the Rental & Leasing Services subindustry, National United Resources Holdings'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.

National United Resources Holdings's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, National United Resources Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National United Resources Holdings's Effective Interest Rate on Debt % falls into.


National United Resources Holdings Effective Interest Rate on Debt % Calculation

National United Resources Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -20.675/( (676.085+587.881)/ 2 )
=-1  *  -20.675/631.983
=3.27 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.772 + 665.313
=676.085

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.663 + 586.218
=587.881

National United Resources Holdings'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  *  -7.804/( (185.018+314.501)/ 2 )
=-1  *  -7.804/249.7595
=3.12 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.526 + 184.492
=185.018

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=18.447 + 296.054
=314.501

* 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.

National United Resources Holdings  (HKSE:00254) Effective Interest Rate on Debt % Explanation

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

National United Resources Holdings Effective Interest Rate on Debt % Related Terms

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National United Resources Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » National United Resources Holdings Ltd (HKSE:00254) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:01496 HKSE:01581 HKSE:00936 HKSE:08425 HKSE:08612 URI LSE:AHT AER FTAI UHAL TSX:EFN BSP:RENT3 WSC HRI R XPAR:AYV HKSE:02588 TSE:8439 AL GATX
Traded in Other Exchanges
N/A
Address
213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
Website
http://www.nur.com.hk
National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.
Executives
Ji Kaiping 2201 Interest of corporation controlled by you
Thousand Joy Limited 2101 Beneficial owner
Guo Peiyuan 2201 Interest of corporation controlled by you
Hontin Ocean Resources Limited 2101 Beneficial owner
Tian Xin 2101 Beneficial owner
Hot Mediatech Group Pte. Ltd. 2101 Beneficial owner
Li Jiayi 2201 Interest of corporation controlled by you

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