Xtep International Holdings (HKSE:01368) Effective Interest Rate on Debt % : 5.44% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Xtep International Holdings 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. Xtep International Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$218 Mil. Xtep International Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$4,011 Mil. Therefore, Xtep International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.44%.

Xtep International Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Xtep International Holdings'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.

Xtep International Holdings Effective Interest Rate on Debt % Chart

Xtep International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.04

4.92

3.57

3.79

4.88

Xtep International Holdings 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															3.93	3.31	4.27	4.48	5.44

Competitive Comparison of Xtep International Holdings's Effective Interest Rate on Debt %

For the Apparel Retail subindustry, Xtep International Holdings'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.

Xtep International Holdings's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Xtep International Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Xtep International Holdings's Effective Interest Rate on Debt % falls into.

Xtep International Holdings Effective Interest Rate on Debt % Calculation

Xtep International Holdings'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 * -195.73	/	( (3870.366	+	4158.841)	/ 2 )
=	-1 * -195.73	/	4014.6035
=	4.88 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1258.599	+	2611.767
=	3870.366

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2499.869	+	1658.972
=	4158.841

Xtep International Holdings'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 * -218.372	/	( (3862.468	+	4158.841)	/ 2 )
=	-1 * -218.372	/	4010.6545
=	5.44 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1742.701	+	2119.767
=	3862.468

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2499.869	+	1658.972
=	4158.841

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.

Xtep International Holdings (HKSE:01368) Effective Interest Rate on Debt % Explanation

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

Xtep International Holdings Effective Interest Rate on Debt % Related Terms

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

Xtep International Holdings (HKSE:01368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Xtep International Holdings Ltd (HKSE:01368) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

XTEPY:USA 4QI:Germany

Address

No. 89 Jiayi Road, Xiamen Xtep Tower, Guanyinshan Siming District, Fujian Province, Xiamen, CHN, 361008

Website

https://www.xtep.com.hk

Xtep International Holdings Ltd owns the Chinese sportswear brand XTEP. The company markets its brand as a stylish professional sports brand with a focus on running gear. Footwear accounts for more than half of the company's revenue. The remaining revenue comes from apparel sales. The company has thousands of XTEP retail stores in China that are primarily operated by the company's distributors or authorized retailers. It also sells online through its website and third-party e-commerce platforms. In addition to China, Xtep has distributors in the Middle East, Europe, and Southeast Asia.

Xtep International Holdings (HKSE:01368) Headlines

No Headlines