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South China Holdings Co (HKSE:00413) Effective Interest Rate on Debt % : 6.10% (As of Dec. 2023)


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What is South China Holdings Co 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. South China Holdings Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$257 Mil. South China Holdings Co's average total debt for the quarter that ended in Dec. 2023 was HK$4,212 Mil. Therefore, South China Holdings Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.10%.


South China Holdings Co Effective Interest Rate on Debt % Historical Data

The historical data trend for South China Holdings Co'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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South China Holdings Co Effective Interest Rate on Debt % Chart

South China Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 4.10 3.51 4.58 6.59

South China Holdings Co 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 3.46 3.55 5.21 6.68 6.10

Competitive Comparison of South China Holdings Co's Effective Interest Rate on Debt %

For the Leisure subindustry, South China Holdings Co'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.


South China Holdings Co's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, South China Holdings Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where South China Holdings Co's Effective Interest Rate on Debt % falls into.



South China Holdings Co Effective Interest Rate on Debt % Calculation

South China Holdings Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -266.745/( (3970.735+4119.949)/ 2 )
=-1  *  -266.745/4045.342
=6.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2572.805 + 1397.93
=3970.735

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1979.099 + 2140.85
=4119.949

South China Holdings Co'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  *  -256.952/( (4304.815+4119.949)/ 2 )
=-1  *  -256.952/4212.382
=6.10 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2278.63 + 2026.185
=4304.815

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1979.099 + 2140.85
=4119.949

* 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.


South China Holdings Co  (HKSE:00413) Effective Interest Rate on Debt % Explanation

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


South China Holdings Co Effective Interest Rate on Debt % Related Terms

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South China Holdings Co (HKSE:00413) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG
South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.
Executives
Ng Hung Sang 2101 Beneficial owner
Ng Lai King Pamela 2202 Interest of your spouse
Earntrade Investments Limited 2101 Beneficial owner

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