Geotech Holdings (HKSE:01707) Effective Interest Rate on Debt % : 6.32% (As of Dec. 2024)

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What is Geotech 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. Geotech Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$0.05 Mil. Geotech Holdings's average total debt for the quarter that ended in Dec. 2024 was HK$0.85 Mil. Therefore, Geotech Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 6.32%.

Geotech Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Geotech 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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Geotech Holdings Effective Interest Rate on Debt % Chart

Geotech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.79

2.26

4.29

3.68

6.51

Geotech Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														4.45	4.96	7.14	6.62	6.32

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

For the Engineering & Construction subindustry, Geotech 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.

Geotech Holdings's Effective Interest Rate on Debt % Distribution in the Construction Industry

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

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

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Geotech Holdings Effective Interest Rate on Debt % Calculation

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -0.067	/	( (1.384	+	0.675)	/ 2 )
=	-1 * -0.067	/	1.0295
=	6.51 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.655	+	0.729
=	1.384

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.675
=	0.675

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.054	/	( (1.033	+	0.675)	/ 2 )
=	-1 * -0.054	/	0.854
=	6.32 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.308	+	0.725
=	1.033

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.675
=	0.675

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

Geotech Holdings (HKSE:01707) Effective Interest Rate on Debt % Explanation

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

Geotech Holdings Effective Interest Rate on Debt % Related Terms

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Geotech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Geotech Holdings Ltd (HKSE:01707) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

223 Hing Fong Road, Unit 706-708, 7th Floor, Tower II, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.geotech.hk

Geotech Holdings Ltd is engaged in the provision of construction and engineering services, property-related services, and sales of luxury products. It is an approved specialist contractor under the categories of Landslip preventive/remedial works to slopes/retaining walls, and Ground investigation field work, and also an approved contractor. Its segments include Construction and engineering services, Property-related services, and Sales of luxury products. The majority of the revenue is derived from the provision of construction and engineering services in Hong Kong.

Executives

Chen Zhi	2201 Interest of corporation controlled by you
Star Merit Global Limited	2101 Beneficial owner
Cheung Ting Kam	2201 Interest of corporation controlled by you

Geotech Holdings Headlines

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