Hongkong Chinese (HKSE:00655) Effective Interest Rate on Debt % : 4.92% (As of Jun. 2023)

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What is Hongkong Chinese 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. Hongkong Chinese's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was HK$22.67 Mil. Hongkong Chinese's average total debt for the quarter that ended in Jun. 2023 was HK$460.46 Mil. Therefore, Hongkong Chinese's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 4.92%.

Hongkong Chinese Effective Interest Rate on Debt % Historical Data

The historical data trend for Hongkong Chinese'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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Hongkong Chinese Effective Interest Rate on Debt % Chart

Hongkong Chinese Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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2.85

3.12

3.18

3.04

5.76

Hongkong Chinese Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.59	2.49	3.70	4.92	6.54

Competitive Comparison of Hongkong Chinese's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Hongkong Chinese'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.

Hongkong Chinese's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hongkong Chinese's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hongkong Chinese's Effective Interest Rate on Debt % falls into.

Hongkong Chinese Effective Interest Rate on Debt % Calculation

Hongkong Chinese's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * -11.096	/	( (272.807	+	456.641)	/ 2 )
=	-1 * -11.096	/	364.724
=	3.04 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	272.556	+	0.251
=	272.807

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	456.376	+	0.265
=	456.641

Hongkong Chinese's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -22.674	/	( (456.641	+	464.285)	/ 2 )
=	-1 * -22.674	/	460.463
=	4.92 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	456.376	+	0.265
=	456.641

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	464.017	+	0.268
=	464.285

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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Hongkong Chinese (HKSE:00655) Effective Interest Rate on Debt % Explanation

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

Hongkong Chinese Effective Interest Rate on Debt % Related Terms

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Hongkong Chinese (HKSE:00655) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hongkong Chinese Ltd (HKSE:00655) » Definitions » Effective Interest Rate on Debt %

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Address

Lippo Centre, 89 Queensway, 40th Floor, Tower Two, Hong Kong, HKG

Website

https://www.hkchinese.com.hk

Hongkong Chinese Ltd is an investment holding company. The company's operating segments are Property Investment, which includes investments relating to the letting and resale of properties; the Property development segment is into the development and sale of properties; the Treasury investment segment includes investments in money markets; the Securities investment segment invests in securities that are held for trading and for long-term strategic purpose; and Others. Its geographical segments are Hong Kong, Mainland China, Singapore, Indonesia, and others.

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