King Fook Holdings (HKSE:00280) Effective Interest Rate on Debt % : 4.77% (As of Mar. 2024)

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What is King Fook 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. King Fook Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was HK$5.0 Mil. King Fook Holdings's average total debt for the quarter that ended in Mar. 2024 was HK$104.9 Mil. Therefore, King Fook Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.77%.

King Fook Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for King Fook 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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King Fook Holdings Effective Interest Rate on Debt % Chart

King Fook Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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5.45

4.63

4.88

4.27

5.84

King Fook Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.66	4.23	3.81	4.42	4.77

Competitive Comparison of King Fook Holdings's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, King Fook 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.

King Fook Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, King Fook Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where King Fook Holdings's Effective Interest Rate on Debt % falls into.

King Fook Holdings Effective Interest Rate on Debt % Calculation

King Fook Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2023 )	+	Total Debt (A: Mar. 2024 ))	/ count )
=	-1 * -4.149	/	( (40.782	+	101.383)	/ 2 )
=	-1 * -4.149	/	71.0825
=	5.84 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.193	+	28.589
=	40.782

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.274	+	89.109
=	101.383

King Fook Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -5.006	/	( (108.331	+	101.383)	/ 2 )
=	-1 * -5.006	/	104.857
=	4.77 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	21.047	+	87.284
=	108.331

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	12.274	+	89.109
=	101.383

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

King Fook Holdings (HKSE:00280) Effective Interest Rate on Debt % Explanation

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

King Fook Holdings Effective Interest Rate on Debt % Related Terms

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King Fook Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » King Fook Holdings Ltd (HKSE:00280) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG

Website

https://www.kingfook.com

King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.

Executives

Yeung Chi Shing Estates Limited

2101 Beneficial owner

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