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China Overseas Land & Investment (HKSE:00688) Effective Interest Rate on Debt % : 0.38% (As of Jun. 2024)


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What is China Overseas Land & Investment 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. China Overseas Land & Investment's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$1,062 Mil. China Overseas Land & Investment's average total debt for the quarter that ended in Jun. 2024 was HK$279,606 Mil. Therefore, China Overseas Land & Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.38%.

China Overseas Land & Investment Effective Interest Rate on Debt % Historical Data

The historical data trend for China Overseas Land & Investment'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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China Overseas Land & Investment Effective Interest Rate on Debt % Chart

China Overseas Land & Investment 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 0.42 0.45 0.39 0.39 0.39

China Overseas Land & Investment Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.40 0.38 0.41 0.38 0.38

Competitive Comparison of China Overseas Land & Investment's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, China Overseas Land & Investment'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.

China Overseas Land & Investment's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Land & Investment's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where China Overseas Land & Investment's Effective Interest Rate on Debt % falls into.


China Overseas Land & Investment Effective Interest Rate on Debt % Calculation

China Overseas Land & Investment'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  *  -1129.27/( (303235.818+282981.161)/ 2 )
=-1  *  -1129.27/293108.4895
=0.39 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=259136.437 + 44099.381
=303235.818

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=238067.852 + 44913.309
=282981.161

China Overseas Land & Investment's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -1061.758/( (282981.161+276230.82)/ 2 )
=-1  *  -1061.758/279605.9905
=0.38 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=238067.852 + 44913.309
=282981.161

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=233415.85 + 42814.97
=276230.82

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

China Overseas Land & Investment  (HKSE:00688) Effective Interest Rate on Debt % Explanation

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

China Overseas Land & Investment Effective Interest Rate on Debt % Related Terms

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China Overseas Land & Investment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (HKSE:00688) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:01113 HKSE:01109 HKSE:00083 HKSE:00960 HKSE:00004 HKSE:00016 HKSE:00247 HKSE:03900 HKSE:00683 HKSE:01908 DFM:EMAAR PHS:HVN BOM:532868 TSE:1925 ISX:PANI BOM:543287 ADX:ALDAR SHSE:600048 DFM:EMAARDEV SZSE:001979
Traded in Other Exchanges
CAOVY:USA CAOVF:USA CPP:Germany
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
Website
http://www.coli.com.hk
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds a 39.6% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.
Executives
China Overseas Holdings Limited
Zhong Guo Jian Zhu Gu Fen You Xian Gong Si
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si
China State Construction Engineering Corporation 2201 Interest of corporation controlled by you

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