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Wai Kee Holdings (HKSE:00610) Effective Interest Rate on Debt % : 6.66% (As of Dec. 2023)


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What is Wai Kee 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. Wai Kee Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$111 Mil. Wai Kee Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$1,671 Mil. Therefore, Wai Kee Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.66%.


Wai Kee Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Wai Kee 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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Wai Kee Holdings Effective Interest Rate on Debt % Chart

Wai Kee Holdings 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 6.10 4.80 3.72 3.67 6.41

Wai Kee Holdings 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 3.14 3.26 4.54 5.90 6.66

Competitive Comparison of Wai Kee Holdings's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Wai Kee 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.


Wai Kee Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wai Kee Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Wai Kee Holdings Effective Interest Rate on Debt % Calculation

Wai Kee Holdings'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  *  -107.866/( (1777.752+1585.415)/ 2 )
=-1  *  -107.866/1681.5835
=6.41 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1343.221 + 434.531
=1777.752

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1144.571 + 440.844
=1585.415

Wai Kee Holdings'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  *  -111.374/( (1757.402+1585.415)/ 2 )
=-1  *  -111.374/1671.4085
=6.66 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1241.425 + 515.977
=1757.402

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1144.571 + 440.844
=1585.415

* 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.


Wai Kee Holdings  (HKSE:00610) Effective Interest Rate on Debt % Explanation

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


Wai Kee Holdings Effective Interest Rate on Debt % Related Terms

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Wai Kee Holdings (HKSE:00610) Business Description

Industry
Traded in Other Exchanges
N/A
Address
98 Granville Road, Unit 1103, 11th Floor, East Ocean Centre, Tsimshatsui, Kowloon, HKG
Wai Kee Holdings Ltd is engaged in construction and material businesses. It operates through four business segments. The Construction, sewage treatment and steam fuel segment, which is the key revenue generating segment, is engaged in the construction of civil engineering and building projects and operation of sewage treatment plant and steam fuel plant. Construction Materials segment is engaged in the production and sales of concrete and asphalt. Quarrying segment is engaged in the production and sales of quarry products. Property development and investment, toll road, investment and asset management segment is engaged in the strategic investment in Road King, an associate of the Group. Its prime geographical areas of operation includes Hong Kong and China.
Executives
Zen Wei Pao, William 2101 Beneficial owner
Zen Wei Peu 2402 A person making a loan or providing security
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
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