Space Group Holdings (HKSE:02448) Effective Interest Rate on Debt % : 9.30% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Space Group 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. Space Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$34.4 Mil. Space Group Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$369.6 Mil. Therefore, Space Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.30%.

Space Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Space Group 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.

Space Group Holdings Effective Interest Rate on Debt % Chart

Space Group 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

4.51

4.08

3.45

3.76

6.78

Space Group Holdings Semi-Annual Data
	Dec14	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													3.39	3.41	4.07	4.42	9.30

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

For the Engineering & Construction subindustry, Space Group 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.

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

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

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

Space Group Holdings Effective Interest Rate on Debt % Calculation

Space Group 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 * -26.606	/	( (448.906	+	335.679)	/ 2 )
=	-1 * -26.606	/	392.2925
=	6.78 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	9.509	+	439.397
=	448.906

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.078	+	330.601
=	335.679

Space Group 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 * -34.374	/	( (403.494	+	335.679)	/ 2 )
=	-1 * -34.374	/	369.5865
=	9.30 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.547	+	396.947
=	403.494

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.078	+	330.601
=	335.679

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.

Space Group Holdings (HKSE:02448) Effective Interest Rate on Debt % Explanation

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

Space Group Holdings Effective Interest Rate on Debt % Related Terms

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

Space Group Holdings (HKSE:02448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Space Group Holdings Ltd (HKSE:02448) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8C, Avenida de Marciano Baptista 18, Edificio Centro Comercial Chong Fok, Macau, MAC

Website

https://www.spacegroup.com.mo

Space Group Holdings Limited is an investment holding company principally engaged in the provision of fitting-out works in Macau. The Company operates two business segments. The Fitting-out Works segment is involved in the execution of fitting-out works, procurement of materials, site supervision, management of subcontractors, overall project management, and interior decorative and modification works for existing buildings. The Building Construction Works segment is involved in structural building works, procurement of materials, site supervision, management of subcontractors, and overall project management.

Executives

Che Chan U	2201 Interest of corporation controlled by you
Ng Lai Kuan	2202 Interest of your spouse
Lei Soi Kun	2201 Interest of corporation controlled by you
Space Investment (bvi) Ltd	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Cheng Chi Heng	2101 Beneficial owner

Space Group Holdings (HKSE:02448) Headlines

No Headlines