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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Effective Interest Rate on Debt % : 5.78% (As of Dec. 2023)


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What is Langham Hospitality Investments and Langham Hospitality Investments 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. Langham Hospitality Investments and Langham Hospitality Investments's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$357.6 Mil. Langham Hospitality Investments and Langham Hospitality Investments's average total debt for the quarter that ended in Dec. 2023 was HK$6,182.3 Mil. Therefore, Langham Hospitality Investments and Langham Hospitality Investments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.78%.


Langham Hospitality Investments and Langham Hospitality Investments Effective Interest Rate on Debt % Historical Data

The historical data trend for Langham Hospitality Investments and Langham Hospitality Investments'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.

Langham Hospitality Investments and Langham Hospitality Investments Effective Interest Rate on Debt % Chart

Langham Hospitality Investments and Langham Hospitality Investments 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 2.71 2.41 1.63 2.11 5.06

Langham Hospitality Investments and Langham Hospitality Investments 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 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 1.56 1.63 2.58 4.24 5.78

Competitive Comparison of Langham Hospitality Investments and Langham Hospitality Investments's Effective Interest Rate on Debt %

For the Lodging subindustry, Langham Hospitality Investments and Langham Hospitality Investments'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.


Langham Hospitality Investments and Langham Hospitality Investments's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Langham Hospitality Investments and Langham Hospitality Investments's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Langham Hospitality Investments and Langham Hospitality Investments's Effective Interest Rate on Debt % falls into.



Langham Hospitality Investments and Langham Hospitality Investments Effective Interest Rate on Debt % Calculation

Langham Hospitality Investments and Langham Hospitality Investments'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  *  -312.566/( (6308.358+6051.18)/ 2 )
=-1  *  -312.566/6179.769
=5.06 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.875 + 6307.483
=6308.358

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.067 + 6051.113
=6051.18

Langham Hospitality Investments and Langham Hospitality Investments'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  *  -357.6/( (6313.454+6051.18)/ 2 )
=-1  *  -357.6/6182.317
=5.78 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.33 + 6313.124
=6313.454

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.067 + 6051.113
=6051.18

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


Langham Hospitality Investments and Langham Hospitality Investments  (HKSE:01270) Effective Interest Rate on Debt % Explanation

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


Langham Hospitality Investments and Langham Hospitality Investments Effective Interest Rate on Debt % Related Terms

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Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Business Description

Traded in Other Exchanges
N/A
Address
23 Harbour Road, Great Eagle Centre, Suite 2702, 27th Floor, Wanchai, Hong Kong, HKG
Langham Hospitality Investments and Langham Hospitality Investments Ltd is a holdings company involved in the lodging industry. The company operates through three business segments, Langham, Cordis, and Eaton. Langham invests in a portfolio of hotels with a focus on the Asian market. The business segments, Langham, Cordis, and Eaton are individual hotels based in Hong Kong. Langham is involved with the food, meeting, and conference space offerings at each of these hotels. The company generates all of its revenue in Hong Kong.
Executives
Great Eagle Holdings Limited 2201 Interest of corporation controlled by you
Lo Ka Shui 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee

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