GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sound Global Ltd (HKSE:00967) » Definitions » Effective Interest Rate on Debt %

Sound Global (HKSE:00967) Effective Interest Rate on Debt % : 3.54% (As of Jun. 2019)


View and export this data going back to 2010. Start your Free Trial

What is Sound Global 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. Sound Global's annualized positive value of Interest Expense for the quarter that ended in Jun. 2019 was HK$440 Mil. Sound Global's average total debt for the quarter that ended in Jun. 2019 was HK$12,404 Mil. Therefore, Sound Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 was 3.54%.

Sound Global Effective Interest Rate on Debt % Historical Data

The historical data trend for Sound Global'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.

Sound Global Effective Interest Rate on Debt % Chart

Sound Global Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 7.10 3.20 3.32 4.96

Sound Global Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 3.39 3.24 3.84 6.04 3.54

Competitive Comparison of Sound Global's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, Sound Global'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.

Sound Global's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sound Global's Effective Interest Rate on Debt % distribution charts can be found below:

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


Sound Global Effective Interest Rate on Debt % Calculation

Sound Global's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2017 )+Total Debt  (A: Dec. 2018 ))/ count )
=-1  *  -561.079/( (9928.617+12702.105)/ 2 )
=-1  *  -561.079/11315.361
=4.96 %

where

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6807.829 + 3120.788
=9928.617

Total Debt  (A: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6103.351 + 6598.754
=12702.105

Sound Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2019 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2018 )+Total Debt  (Q: Jun. 2019 ))/ count )
=-1  *  -439.548/( (12702.105+12106.249)/ 2 )
=-1  *  -439.548/12404.177
=3.54 %

where

Total Debt  (Q: Dec. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6103.351 + 6598.754
=12702.105

Total Debt  (Q: Jun. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8315.699 + 3790.55
=12106.249

* 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. 2019) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Sound Global  (HKSE:00967) Effective Interest Rate on Debt % Explanation

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

Sound Global Effective Interest Rate on Debt % Related Terms

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

Sound Global (HKSE:00967) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sound Global Ltd (HKSE:00967) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
SHSE:601368 YORW BKK:EASTW BKK:WHAUP-F PHS:MWC SZSE:300021 SHSE:600187 CTWS SHSE:600168 SHSE:600461 WAAS SHSE:601199 SZSE:300055 ATH:EYDAP SHSE:600283 TSE:2588 XSGO:IAM SZSE:300262 XKLS:8524 SHSE:603817
Traded in Other Exchanges
N/A
Address
460 Alexandra Road, Fragrance Empire Building Number 04-03, Singapore, SGP, 119962
Website
http://www.soundglobal.com.sg
Sound Global Ltd is a utilities service provider. Its business mainly involves the provision of water supply and wastewater treatment solutions. The group develops proprietary technologies and customizes them into effective turnkey solutions for industrial and municipal projects. It is engaged in three operating segments, namely Turnkey Projects and Services, which is the key revenue generator; Equipment Fabrications; and Operations and maintenance of water supply and wastewater treatment facilities.
Executives
Century Plus Limited 2101 Beneficial owner
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Cinda Investment Co., Ltd. 2201 Interest of corporation controlled by you
Cui Wanlin 2201 Interest of corporation controlled by you
Jin Si Fang Investment (beijing) Company Limited 2201 Interest of corporation controlled by you
Ningbo Meishan Baoshuigangqu Jinxin Tairun Investment Partnership (limited Partnership) 2201 Interest of corporation controlled by you
Hainan Jianxin Investment Management Co., Ltd. 2201 Interest of corporation controlled by you
Wen Yibo 2201 Interest of corporation controlled by you
Zhang Huiming 2202 Interest of your spouse
Sound Water (bvi) Limited 2101 Beneficial owner
Changxing Sound Investment Partnership (limited Partnership) 2106 Person having a security interest in shares
Shoutai Jinxin (beijing ) Fund Investment & Management Co. Ltd 2201 Interest of corporation controlled by you
Shoutai Jinxin (changxing) Investment & Management Co. Ltd. 2201 Interest of corporation controlled by you

Sound Global (HKSE:00967) Headlines

No Headlines