Lerado Financial Group Co (HKSE:01225) Effective Interest Rate on Debt % : 5.79% (As of Dec. 2023)

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What is Lerado Financial Group Co 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. Lerado Financial Group Co's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$44.0 Mil. Lerado Financial Group Co's average total debt for the quarter that ended in Dec. 2023 was HK$760.1 Mil. Therefore, Lerado Financial Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.79%.

Lerado Financial Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Lerado Financial Group Co'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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Lerado Financial Group Co Effective Interest Rate on Debt % Chart

Lerado Financial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.84

7.78

7.66

8.93

6.83

Lerado Financial Group Co 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															5.99	11.77	7.73	5.79	3.61

Competitive Comparison of Lerado Financial Group Co's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Lerado Financial Group Co'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.

Lerado Financial Group Co's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lerado Financial Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

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

Lerado Financial Group Co Effective Interest Rate on Debt % Calculation

Lerado Financial Group Co'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 * -52.313	/	( (790.594	+	742.063)	/ 2 )
=	-1 * -52.313	/	766.3285
=	6.83 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	789.739	+	0.855
=	790.594

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	506.591	+	235.472
=	742.063

Lerado Financial Group Co'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 * -43.992	/	( (778.166	+	742.063)	/ 2 )
=	-1 * -43.992	/	760.1145
=	5.79 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	777.738	+	0.428
=	778.166

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	506.591	+	235.472
=	742.063

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.

Lerado Financial Group Co (HKSE:01225) Effective Interest Rate on Debt % Explanation

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

Lerado Financial Group Co Effective Interest Rate on Debt % Related Terms

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Lerado Financial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lerado Financial Group Co Ltd (HKSE:01225) » Definitions » Effective Interest Rate on Debt %

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Address

59-67 Bonham Strand West, Flat F&G, 4th Floor., Golden Sun Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.lerado.com

Lerado Financial Group Co Ltd is an investment holding company. It is engaged in providing financial services including, securities broking, margin financing, and money lending as well as manufacturing and distributing children's plastic toys and medical care products like mobility aid and other medical equipment. The operating segments of the group are Medical products and plastic toys business; Securities brokerage business and asset management services; and Money lending business and other financial services. It derives key revenue from the Medical products and plastic toys business segment which involves the manufacturing and distribution of medical care products and plastic toys. It has a business presence in Hong Kong, Europe, the U.S., the PRC, Australia, South America, and others.

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