GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CHTC Fong's International Co Ltd (HKSE:00641) » Definitions » Effective Interest Rate on Debt %

CHTC Fong's International Co (HKSE:00641) Effective Interest Rate on Debt % : 4.81% (As of Dec. 2024)


View and export this data going back to 1990. Start your Free Trial

What is CHTC Fong's International 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. CHTC Fong's International Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$68 Mil. CHTC Fong's International Co's average total debt for the quarter that ended in Dec. 2024 was HK$1,411 Mil. Therefore, CHTC Fong's International Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.81%.


CHTC Fong's International Co Effective Interest Rate on Debt % Historical Data

The historical data trend for CHTC Fong's International 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.

* Premium members only.

CHTC Fong's International Co Effective Interest Rate on Debt % Chart

CHTC Fong's International Co 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 2.33 3.50 4.09 4.89 5.22

CHTC Fong's International Co 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 4.21 4.55 5.26 5.11 4.81

Competitive Comparison of CHTC Fong's International Co's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, CHTC Fong's International 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.


CHTC Fong's International Co's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHTC Fong's International Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CHTC Fong's International Co's Effective Interest Rate on Debt % falls into.


;
;

CHTC Fong's International Co Effective Interest Rate on Debt % Calculation

CHTC Fong's International Co'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  *  -70.022/( (1342.202+1338.978)/ 2 )
=-1  *  -70.022/1340.59
=5.22 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=85.978 + 1256.224
=1342.202

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.524 + 1035.454
=1338.978

CHTC Fong's International Co'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  *  -67.842/( (1483.729+1338.978)/ 2 )
=-1  *  -67.842/1411.3535
=4.81 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=274.876 + 1208.853
=1483.729

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=303.524 + 1035.454
=1338.978

* 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.


CHTC Fong's International Co  (HKSE:00641) Effective Interest Rate on Debt % Explanation

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


CHTC Fong's International Co Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of CHTC Fong's International Co's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


CHTC Fong's International Co Business Description

Traded in Other Exchanges
N/A
Address
1018 Tai Nan West Street, Units 2201 & 2203, Orient International Tower, Cheung Sha Wan, Hong Kong, HKG
CHTC Fong's International Co Ltd is engaged in the manufacture and sale of dyeing and finishing machines, manufacture and sale of stainless-steel casting products and trading of stainless-steel supplies. The company's segment includes Manufacture and sale of dyeing and finishing machines; Manufacture and sale of stainless-steel casting products, and Trading of stainless-steel supplies. Majority of the revenue is derived from manufacture and sale of dyeing and finishing machines. The group's operations are located mainly in Hong Kong, Mainland China and Germany along with Asia Pacific (other than Mainland China and Hong Kong), Europe, North and South America, and Others.
Executives
China Hi-tech Holding Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Ji Xie Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Heng Tian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
East Asia International Trustees Limited 2201 Interest of corporation controlled by you
Black Jambhala Company Limited 2101 Beneficial owner
Fong Sou Lam 2307 Founder of a discretionary trust who can infl
Fong Kwok Leung Kevin 2305 Beneficiary of a trust

CHTC Fong's International Co Headlines

No Headlines