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FSE Lifestyle Services (HKSE:00331) Effective Interest Rate on Debt % : 6.13% (As of Dec. 2023)


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What is FSE Lifestyle Services 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. FSE Lifestyle Services's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$21 Mil. FSE Lifestyle Services's average total debt for the quarter that ended in Dec. 2023 was HK$347 Mil. Therefore, FSE Lifestyle Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.13%.


FSE Lifestyle Services Effective Interest Rate on Debt % Historical Data

The historical data trend for FSE Lifestyle Services'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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FSE Lifestyle Services Effective Interest Rate on Debt % Chart

FSE Lifestyle Services Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 3.66 1.14 1.16 3.93

FSE Lifestyle Services 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 1.09 1.30 3.04 4.54 6.13

Competitive Comparison of FSE Lifestyle Services's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, FSE Lifestyle Services'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.


FSE Lifestyle Services's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, FSE Lifestyle Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where FSE Lifestyle Services's Effective Interest Rate on Debt % falls into.



FSE Lifestyle Services Effective Interest Rate on Debt % Calculation

FSE Lifestyle Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -16.916/( (504.072+355.993)/ 2 )
=-1  *  -16.916/430.0325
=3.93 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=319.465 + 184.607
=504.072

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=291.832 + 64.161
=355.993

FSE Lifestyle Services'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  *  -21.28/( (355.993+337.963)/ 2 )
=-1  *  -21.28/346.978
=6.13 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=291.832 + 64.161
=355.993

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=17.47 + 320.493
=337.963

* 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.


FSE Lifestyle Services  (HKSE:00331) Effective Interest Rate on Debt % Explanation

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


FSE Lifestyle Services Effective Interest Rate on Debt % Related Terms

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FSE Lifestyle Services (HKSE:00331) Business Description

Traded in Other Exchanges
N/A
Address
Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.
Executives
Doo Wai Hoi William 2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy 2201 Interest of corporation controlled by you
Fse Holdings Limited 2201 Interest of corporation controlled by you
Sino Spring Global Limited 2201 Interest of corporation controlled by you
Fse Management Company Limited 2101 Beneficial owner

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