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Plus Group Holdings (HKSE:02486) Effective Interest Rate on Debt % : 9.62% (As of Dec. 2023)


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What is Plus 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. Plus Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$4.5 Mil. Plus Group Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$47.1 Mil. Therefore, Plus Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.62%.

Plus Group Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Plus 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.

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Plus Group Holdings Effective Interest Rate on Debt % Chart

Plus Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
11.49 9.92 4.72 5.59

Plus Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial - 5.55 4.12 5.38 9.62

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

For the Advertising Agencies subindustry, Plus 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.

Plus Group Holdings's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

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

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


Plus Group Holdings Effective Interest Rate on Debt % Calculation

Plus 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  *  -3.675/( (71.075+60.416)/ 2 )
=-1  *  -3.675/65.7455
=5.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.061 + 71.014
=71.075

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.005 + 60.411
=60.416

Plus 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  *  -4.53/( (33.734+60.416)/ 2 )
=-1  *  -4.53/47.075
=9.62 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.117 + 33.617
=33.734

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.005 + 60.411
=60.416

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

Plus Group Holdings  (HKSE:02486) Effective Interest Rate on Debt % Explanation

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

Plus Group Holdings Effective Interest Rate on Debt % Related Terms

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Plus Group Holdings (HKSE:02486) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Plus Group Holdings Inc (HKSE:02486) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:02131 HKSE:00343 HKSE:06988 HKSE:01993 HKSE:09919 HKSE:00623 HKSE:02422 HKSE:06113 HKSE:01753 HKSE:01762 XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN
Website
https://www.plscn.com
Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on market-leading FMCG brand owners. Its services aim at digitalizing and systemizing offline commerce. The company offers four types of services, including (i) on-site solution; (ii) field force assignment; (iii) matching service; and (iv) SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the On-site solution services. The on-site solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.
Executives
Sun Guangjun 2201 Interest of corporation controlled by you
Tan Hui 2202 Interest of your spouse
Trident Trust Company (hk) Limited 2301 Trustee
Guangjun Holdings Limited 2101 Beneficial owner
Summit Plus International Holding Limited 2201 Interest of corporation controlled by you
Guangjun Sun Holdings Limited 2101 Beneficial owner
Junshu Holdings Limited 2201 Interest of corporation controlled by you
Xia Jingtang 2201 Interest of corporation controlled by you
Yan Xiaohang 2202 Interest of your spouse
Kuwei Holdings Limited 2101 Beneficial owner
Cmb Wing Lung (trustee) Limited 2301 Trustee
Plus Group 2023 Limited 2101 Beneficial owner
Hannah Xia Holdings Limited 2101 Beneficial owner
Jonson Xia Smile Family Holdings Limited 2201 Interest of corporation controlled by you

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