Xinhua News Media Holdings (HKSE:00309) Effective Interest Rate on Debt % : 3.47% (As of Mar. 2024)

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What is Xinhua News Media 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. Xinhua News Media Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was HK$0.5 Mil. Xinhua News Media Holdings's average total debt for the quarter that ended in Mar. 2024 was HK$15.3 Mil. Therefore, Xinhua News Media Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.47%.

Xinhua News Media Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Xinhua News Media 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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Xinhua News Media Holdings Effective Interest Rate on Debt % Chart

Xinhua News Media Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Effective Interest Rate on Debt %

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4.73

3.49

3.04

3.09

3.45

Xinhua News Media Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.85	3.14	3.69	3.47	2.87

Competitive Comparison of Xinhua News Media Holdings's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Xinhua News Media 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.

Xinhua News Media Holdings's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

* The bar in red indicates where Xinhua News Media Holdings's Effective Interest Rate on Debt % falls into.

Xinhua News Media Holdings Effective Interest Rate on Debt % Calculation

Xinhua News Media 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 * -0.561	/	( (17.031	+	15.494)	/ 2 )
=	-1 * -0.561	/	16.2625
=	3.45 %

where

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.967	+	13.064
=	17.031

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.594	+	13.9
=	15.494

Xinhua News Media 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 * -0.53	/	( (15.017	+	15.494)	/ 2 )
=	-1 * -0.53	/	15.2555
=	3.47 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3.026	+	11.991
=	15.017

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.594	+	13.9
=	15.494

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.

Xinhua News Media Holdings (HKSE:00309) Effective Interest Rate on Debt % Explanation

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

Xinhua News Media Holdings Effective Interest Rate on Debt % Related Terms

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Xinhua News Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xinhua News Media Holdings Ltd (HKSE:00309) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Science Museum Road, Unit 508B, 5/F, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.xhnmedia.com

Xinhua News Media Holdings Ltd is engaged in the business of the provision of cleaning and related services and the provision of medical waste treatment services. It has operating segments as follows: Cleaning and Related Services segment engages in the provision of cleaning and related services; Advertising media business segment engages in the provision of media strategy; Waste Treatment business segment engages in the provision of organic waste treatment. The group operates in Hong Kong and China, of which prime revenue is derived from Hong Kong.

Executives

Tsui Kwok Hing	2202 Interest of your spouse
Chen Ming	2101 Beneficial owner
Wki Partners (holdings) Limited	2101 Beneficial owner
Zheng Xian Deng	2101 Beneficial owner

Xinhua News Media Holdings Headlines

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