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Overseas Chinese Town (Asia) Holdings (HKSE:03366) Effective Interest Rate on Debt % : 4.77% (As of Dec. 2023)


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What is Overseas Chinese Town (Asia) 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. Overseas Chinese Town (Asia) Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$614 Mil. Overseas Chinese Town (Asia) Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$12,870 Mil. Therefore, Overseas Chinese Town (Asia) Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.77%.


Overseas Chinese Town (Asia) Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Overseas Chinese Town (Asia) 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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Overseas Chinese Town (Asia) Holdings Effective Interest Rate on Debt % Chart

Overseas Chinese Town (Asia) 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 Premium Member Only Premium Member Only 3.02 2.10 1.79 1.78 3.77

Overseas Chinese Town (Asia) Holdings Semi-Annual Data
Jun14 Dec14 Jun15 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 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 2.34 1.37 2.17 1.59 4.77

Competitive Comparison of Overseas Chinese Town (Asia) Holdings's Effective Interest Rate on Debt %

For the Real Estate - Development subindustry, Overseas Chinese Town (Asia) 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.


Overseas Chinese Town (Asia) Holdings's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Overseas Chinese Town (Asia) Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Overseas Chinese Town (Asia) Holdings's Effective Interest Rate on Debt % falls into.



Overseas Chinese Town (Asia) Holdings Effective Interest Rate on Debt % Calculation

Overseas Chinese Town (Asia) 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  *  -388.347/( (7668.838+12914.05)/ 2 )
=-1  *  -388.347/10291.444
=3.77 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2609.202 + 5059.636
=7668.838

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8253.968 + 4660.082
=12914.05

Overseas Chinese Town (Asia) 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  *  -614.16/( (12826.235+12914.05)/ 2 )
=-1  *  -614.16/12870.1425
=4.77 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3532.319 + 9293.916
=12826.235

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8253.968 + 4660.082
=12914.05

* 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.


Overseas Chinese Town (Asia) Holdings  (HKSE:03366) Effective Interest Rate on Debt % Explanation

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


Overseas Chinese Town (Asia) Holdings Effective Interest Rate on Debt % Related Terms

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Overseas Chinese Town (Asia) Holdings (HKSE:03366) Business Description

Traded in Other Exchanges
N/A
Address
1 Garden Road, 59th Floor, Bank of China Tower, Hong Kong, HKG
Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company. It operates its business through three segments. The Comprehensive Development Business segment which drives the majority of revenue is engaged in the development and operation of the tourism theme park, the development, and sales of residential properties, and the development and management of properties; Equity investment and fund business segment engage in the investment in new urbanization industrial ecospheres, such as domestic and overseas direct investments, industrial funds, and education. The Finance lease business segment engages in the finance lease business. It generates the majority of its revenue from Mainland China.
Executives
Pacific Climax Limited 2101 Beneficial owner
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si 2201 Interest of corporation controlled by you

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