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CA Cultural Technology Group (HKSE:01566) Effective Interest Rate on Debt % : 8.85% (As of Sep. 2023)


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What is CA Cultural Technology 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. CA Cultural Technology Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$95.6 Mil. CA Cultural Technology Group's average total debt for the quarter that ended in Sep. 2023 was HK$1,079.3 Mil. Therefore, CA Cultural Technology Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 8.85%.


CA Cultural Technology Group Effective Interest Rate on Debt % Historical Data

The historical data trend for CA Cultural Technology 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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CA Cultural Technology Group Effective Interest Rate on Debt % Chart

CA Cultural Technology Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.91 12.62 12.79 11.22 8.75

CA Cultural Technology 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 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 6.99 15.67 9.06 9.36 8.85

Competitive Comparison of CA Cultural Technology Group's Effective Interest Rate on Debt %

For the Entertainment subindustry, CA Cultural Technology 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.


CA Cultural Technology Group's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CA Cultural Technology Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CA Cultural Technology Group's Effective Interest Rate on Debt % falls into.



CA Cultural Technology Group Effective Interest Rate on Debt % Calculation

CA Cultural Technology 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  *  -80.663/( (743.189+1100.286)/ 2 )
=-1  *  -80.663/921.7375
=8.75 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=266.803 + 476.386
=743.189

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=211.855 + 888.431
=1100.286

CA Cultural Technology 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  *  -95.57/( (1100.286+1058.372)/ 2 )
=-1  *  -95.57/1079.329
=8.85 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=211.855 + 888.431
=1100.286

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=160.529 + 897.843
=1058.372

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


CA Cultural Technology Group  (HKSE:01566) Effective Interest Rate on Debt % Explanation

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


CA Cultural Technology Group Effective Interest Rate on Debt % Related Terms

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CA Cultural Technology Group (HKSE:01566) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Harbour Road, Suites 2905, 29th Floor, China Resources Building, Wan Chai, Hong Kong, HKG
CA Cultural Technology Group Ltd is an investment holding company. The Company and its subsidiaries are engaged in the sales of animation derivative products, establishment and operation of indoor theme parks and multimedia animation entertainment in the PRC, Hong Kong and Japan. The company's reportable segment includes Sales of animation derivative products; Establishment and operation of indoor theme park CA SEGA JOYPOLIS brand; and Multimedia animation entertainment. It generates maximum revenue from the Establishment and operation of indoor theme parks segment.
Executives
Bright Rise Enterprises Limited 2101 Beneficial owner
Ikeda Shinichiro 2501 Other
Lee Sui Fong Fiona 2501 Other
Chong Heung Chung Jason 2201 Interest of corporation controlled by you
Bonville Glory Limited 2501 Other
Fortress Strength Limited 2501 Other
Dragon Year Group Limited 2501 Other
Ting Ka Fai Jeffrey 2501 Other
Newgate (ptc) Limited 2301 Trustee
East Jumbo Development Limited 2501 Other
Or Den Fung Bonnie 2501 Other
Fun Legend Limited 2101 Beneficial owner
Wang Xiu Hua 2101 Beneficial owner
Bloom Fort Limited 2101 Beneficial owner
Lo Yuk Yee 2201 Interest of corporation controlled by you

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