Luen Thai Holdings (HKSE:00311) Effective Interest Rate on Debt % : 7.92% (As of Dec. 2024)

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What is Luen Thai 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. Luen Thai Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$109 Mil. Luen Thai Holdings's average total debt for the quarter that ended in Dec. 2024 was HK$1,379 Mil. Therefore, Luen Thai Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 7.92%.

Luen Thai Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Luen Thai 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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Luen Thai Holdings Effective Interest Rate on Debt % Chart

Luen Thai Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.95

3.13

5.01

8.15

8.28

Luen Thai Holdings 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															5.73	7.65	8.56	7.64	7.92

Competitive Comparison of Luen Thai Holdings's Effective Interest Rate on Debt %

For the Apparel Manufacturing subindustry, Luen Thai 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.

Luen Thai Holdings's Effective Interest Rate on Debt % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luen Thai Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Luen Thai Holdings Effective Interest Rate on Debt % Calculation

Luen Thai Holdings'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 * -107.102	/	( (1296.419	+	1292.071)	/ 2 )
=	-1 * -107.102	/	1294.245
=	8.28 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	159.992	+	1136.427
=	1296.419

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	151.69	+	1140.381
=	1292.071

Luen Thai Holdings'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 * -109.186	/	( (1465.141	+	1292.071)	/ 2 )
=	-1 * -109.186	/	1378.606
=	7.92 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	151.569	+	1313.572
=	1465.141

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	151.69	+	1140.381
=	1292.071

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.

Luen Thai Holdings (HKSE:00311) Effective Interest Rate on Debt % Explanation

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

Luen Thai Holdings Effective Interest Rate on Debt % Related Terms

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Luen Thai Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luen Thai Holdings Ltd (HKSE:00311) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

LTJ:Germany

Address

57 Hung To Road, Rooms 1001-1005, 10th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www2.luenthai.com

Luen Thai Holdings Ltd is engaged in the manufacturing and trading of apparel and accessories. The company has a diverse product range that includes Fashion and Sleepwear, Sports Active Wear, Sweaters and Outerwear, Casual Knits and Woven Wear, and Accessories. It derives revenue mainly from sales of apparel and accessories. Its revenue is mainly derived from customers located in the United States of America, the PRC, Europe, Canada, and Japan, while the company's business activities are conducted predominantly in Hong Kong, Macao, the PRC, the Philippines, Cambodia, the United States, and Myanmar.

Executives

Dong Fang Guo Ji Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shang Hai Guo Sheng Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shang Hai Fang Zhi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Tan Chiu Joise	2202 Interest of your spouse
Tan Henry	2201 Interest of corporation controlled by you
Double Joy Investments Limited	2101 Beneficial owner

Luen Thai Holdings Headlines

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