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Planetree International Development (HKSE:00613) Effective Interest Rate on Debt % : 6.13% (As of Dec. 2024)


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What is Planetree International Development 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. Planetree International Development's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$14.75 Mil. Planetree International Development's average total debt for the quarter that ended in Dec. 2024 was HK$240.84 Mil. Therefore, Planetree International Development's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.13%.


Planetree International Development Effective Interest Rate on Debt % Historical Data

The historical data trend for Planetree International Development'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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Planetree International Development Effective Interest Rate on Debt % Chart

Planetree International Development Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.89 3.20 6.20 6.47

Planetree International Development 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 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 4.39 5.42 7.01 6.72 6.13

Competitive Comparison of Planetree International Development's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Planetree International Development'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.


Planetree International Development's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Planetree International Development's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Planetree International Development's Effective Interest Rate on Debt % falls into.


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Planetree International Development Effective Interest Rate on Debt % Calculation

Planetree International Development'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  *  -15.552/( (242.995+237.774)/ 2 )
=-1  *  -15.552/240.3845
=6.47 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=242.995 + 0
=242.995

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=237.774 + 0
=237.774

Planetree International Development'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  *  -14.754/( (243.897+237.774)/ 2 )
=-1  *  -14.754/240.8355
=6.13 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=243.897 + 0
=243.897

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=237.774 + 0
=237.774

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Planetree International Development  (HKSE:00613) Effective Interest Rate on Debt % Explanation

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


Planetree International Development Effective Interest Rate on Debt % Related Terms

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Planetree International Development Business Description

Traded in Other Exchanges
N/A
Address
28 Marble Road, North Point, 23rd Floor, China United Centre, Hong Kong, HKG
Planetree International Development Ltd is a Hong Kong-based investment holding company engaged in diversified businesses. Its segments are Financial services, Credit and lending services, Other financial services segment, Property investment and leasing segment, and Tactical and strategic investment segment. It derives the majority of its revenue from the Financial Services segment which engages in the provision of dealing in securities, margin financing services, dealing in futures contracts, advising on corporate finance, and asset management services with Type 1, Type 2, Type 6, Type 8 and Type 9 licenses granted under the SFO.
Executives
Future Capital Group Limited 2101 Beneficial owner
Lo Ki Yan Karen 2201 Interest of corporation controlled by you

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