Thelloy Development Group (HKSE:01546) Effective Interest Rate on Debt % : 6.14% (As of Sep. 2023)

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What is Thelloy Development 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. Thelloy Development Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$4.0 Mil. Thelloy Development Group's average total debt for the quarter that ended in Sep. 2023 was HK$64.6 Mil. Therefore, Thelloy Development Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 6.14%.

Thelloy Development Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Thelloy Development 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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Thelloy Development Group Effective Interest Rate on Debt % Chart

Thelloy Development Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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4.84

21.82

2.02

1.74

5.88

Thelloy Development Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.74	2.02	1.72	7.07	6.14

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

For the Engineering & Construction subindustry, Thelloy Development 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.

Thelloy Development Group's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thelloy Development Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Thelloy Development Group Effective Interest Rate on Debt % Calculation

Thelloy Development Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -2.601	/	( (23.071	+	65.391)	/ 2 )
=	-1 * -2.601	/	44.231
=	5.88 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.657	+	18.414
=	23.071

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.544	+	62.847
=	65.391

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -3.962	/	( (65.391	+	63.731)	/ 2 )
=	-1 * -3.962	/	64.561
=	6.14 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.544	+	62.847
=	65.391

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.438	+	62.293
=	63.731

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

Thelloy Development Group (HKSE:01546) Effective Interest Rate on Debt % Explanation

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

Thelloy Development Group Effective Interest Rate on Debt % Related Terms

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Thelloy Development Group (HKSE:01546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thelloy Development Group Ltd (HKSE:01546) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.thelloy.com

Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.

Executives

Cheers Mate Holding Limited	2101 Beneficial owner
Cheng Pui Wah Theresa	2202 Interest of your spouse
Lam Kin Wing Eddie	2201 Interest of corporation controlled by you

Thelloy Development Group (HKSE:01546) Headlines

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