Convenience Retail Asia (HKSE:00831) Effective Interest Rate on Debt % : 2.73% (As of Dec. 2024)

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What is Convenience Retail Asia 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. Convenience Retail Asia's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$7 Mil. Convenience Retail Asia's average total debt for the quarter that ended in Dec. 2024 was HK$245 Mil. Therefore, Convenience Retail Asia's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 2.73%.

Convenience Retail Asia Effective Interest Rate on Debt % Historical Data

The historical data trend for Convenience Retail Asia'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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Convenience Retail Asia Effective Interest Rate on Debt % Chart

Convenience Retail Asia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.22

2.74

2.81

2.73

2.82

Convenience Retail Asia 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															2.83	2.75	2.77	2.88	2.73

Competitive Comparison of Convenience Retail Asia's Effective Interest Rate on Debt %

For the Grocery Stores subindustry, Convenience Retail Asia'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.

Convenience Retail Asia's Effective Interest Rate on Debt % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Convenience Retail Asia's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Convenience Retail Asia's Effective Interest Rate on Debt % falls into.

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Convenience Retail Asia Effective Interest Rate on Debt % Calculation

Convenience Retail Asia'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 * -7.169	/	( (274.603	+	233.751)	/ 2 )
=	-1 * -7.169	/	254.177
=	2.82 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	129.337	+	145.266
=	274.603

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	105.05	+	128.701
=	233.751

Convenience Retail Asia'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 * -6.696	/	( (256.471	+	233.751)	/ 2 )
=	-1 * -6.696	/	245.111
=	2.73 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	118.125	+	138.346
=	256.471

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	105.05	+	128.701
=	233.751

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.

Convenience Retail Asia (HKSE:00831) Effective Interest Rate on Debt % Explanation

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

Convenience Retail Asia Effective Interest Rate on Debt % Related Terms

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Convenience Retail Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Convenience Retail Asia Ltd (HKSE:00831) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 On Ping Street, 15th Floor, LiFung Centre, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG

Website

https://www.cr-asia.com

Convenience Retail Asia Ltd is an investment holding company. The company operates in two segments namely, Bakery and Eyewear Businesses. The majority of its revenue comes from the Bakery segment, which comprises of sale of bakery and festival products. The Eyewear business segment includes the sale of eyewear products. The company's geographical segments are Hong Kong and Mainland China.

Executives

Aberdeen Group Plc	2102 Investment manager
Aggregate Of Abrdn Plc Affiliated Investment Management Entities	2102 Investment manager
Abrdn Asia Focus Plc	2101 Beneficial owner
Fung Kwok Lun William	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fung Wing Yee, Sabrina
Fung Kwok King, Victor
Aggregate Of Standard Life Aberdeen Plc Affiliated Investment Management Entities	2102 Investment manager
Aberdeen Standard Asia Focus Plc	2101 Beneficial owner
Aberdeen Asian Income Fund Limited	2101 Beneficial owner
Fidelity China Special Situations Plc	2101 Beneficial owner

Convenience Retail Asia Headlines

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