Seazen Group (HKSE:01030) Effective Interest Rate on Debt % : 3.98% (As of Dec. 2023)

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What is Seazen Group 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. Seazen Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$3,018 Mil. Seazen Group's average total debt for the quarter that ended in Dec. 2023 was HK$75,910 Mil. Therefore, Seazen Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.98%.

Seazen Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Seazen Group'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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Seazen Group Effective Interest Rate on Debt % Chart

Seazen Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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1.85

1.73

1.34

3.03

3.56

Seazen Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.54	1.52	4.91	3.13	3.98

Competitive Comparison of Seazen Group's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Seazen Group'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.

Seazen Group's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

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

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

Seazen Group Effective Interest Rate on Debt % Calculation

Seazen Group'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 * -2847.65	/	( (89580.282	+	70602.179)	/ 2 )
=	-1 * -2847.65	/	80091.2305
=	3.56 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	49664.898	+	39915.384
=	89580.282

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43442.338	+	27159.841
=	70602.179

Seazen Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -3018.37	/	( (81218.456	+	70602.179)	/ 2 )
=	-1 * -3018.37	/	75910.3175
=	3.98 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	53111.724	+	28106.732
=	81218.456

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	43442.338	+	27159.841
=	70602.179

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

Seazen Group (HKSE:01030) Effective Interest Rate on Debt % Explanation

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

Seazen Group Effective Interest Rate on Debt % Related Terms

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Seazen Group (HKSE:01030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seazen Group Ltd (HKSE:01030) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

6FLA:Germany

Address

No. 5, Lane 388, Zhongjiang Road, 11th Floor, Seazen Holdings Tower B, Putuo District, Shanghai, CHN, 200063

Website

http://www.seazengroup.com.cn

Seazen Group Ltd is an investment holding company that develops and sells properties. The company has two operating segments; The A-share company segment is engaged in the development of residential properties and mixed-use complexes for sale and investment, and the Non-A share companies segment is engaged in services. All the property development projects are in the People's Republic of China, and accordingly, the majority of the revenue of the Group is derived from the PRC.

Executives

Chen Jing	2202 Interest of your spouse
Chen Ting Sen (ptc) Limited	2301 Trustee
Wang Zhenhua	2307 Founder of a discretionary trust who can infl
Jiang Jinzhi	2201 Interest of corporation controlled by you

Seazen Group (HKSE:01030) Headlines

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