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Edvance International Holdings (HKSE:01410) Effective Interest Rate on Debt % : 5.17% (As of Mar. 2024)


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What is Edvance 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. Edvance International Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was HK$4.9 Mil. Edvance International Holdings's average total debt for the quarter that ended in Mar. 2024 was HK$93.9 Mil. Therefore, Edvance International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 5.17%.

Edvance International Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Edvance 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.

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Edvance International Holdings Effective Interest Rate on Debt % Chart

Edvance International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 3.57 3.51 3.56 4.15

Edvance International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.84 3.27 4.72 4.45 5.17

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

For the Software - Infrastructure subindustry, Edvance 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.

Edvance International Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Edvance International Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


Edvance International Holdings Effective Interest Rate on Debt % Calculation

Edvance International Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2023 )+Total Debt  (A: Mar. 2024 ))/ count )
=-1  *  -4.639/( (117.117+106.633)/ 2 )
=-1  *  -4.639/111.875
=4.15 %

where

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=51.546 + 65.571
=117.117

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.74 + 63.893
=106.633

Edvance International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -4.86/( (81.252+106.633)/ 2 )
=-1  *  -4.86/93.9425
=5.17 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.666 + 36.586
=81.252

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.74 + 63.893
=106.633

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Edvance International Holdings  (HKSE:01410) Effective Interest Rate on Debt % Explanation

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

Edvance International Holdings Effective Interest Rate on Debt % Related Terms

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Edvance International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Edvance International Holdings Ltd (HKSE:01410) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:01611 HKSE:03773 HKSE:03315 HKSE:02167 HKSE:00818 HKSE:08613 HKSE:08017 HKSE:08062 HKSE:02708 HKSE:08420 MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK
Traded in Other Exchanges
N/A
Address
98 How Ming Street, 25th Floor, Tower 1, The Millennity, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.edvanceintl.com
Edvance International Holdings Ltd is an investment holding company. The company is engaged in the provision of information technology security products and services. Its Cybersecurity products segment includes network security products, system security products and application and data security products. The cybersecurity services segment is engaged in the provision of technical implementation, maintenance, and support services. Digital assets Financial services and investment business refers to the provision of financial services to customers, venture investment and securities trading by the Group. It generates maximum revenue from the Cybersecurity security products segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Liu Yui Ting Raymond 2101 Beneficial owner
Success Vision International Group Limited 2101 Beneficial owner
Earning Gear Inc. 2101 Beneficial owner
Mind Bright Limited 2101 Beneficial owner
Cheng Chui Ying 2202 Interest of your spouse
Lin Fai 2202 Interest of your spouse
Lo Wai Ho Ashley 2201 Interest of corporation controlled by you
Tang Sing Hing Kenny 2201 Interest of corporation controlled by you
Yip Lai Ching 2202 Interest of your spouse
Cheung Mo Chi 2202 Interest of your spouse
Von John 2201 Interest of corporation controlled by you

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