FriendTimes (HKSE:06820) Effective Interest Rate on Debt % : 2.81% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is FriendTimes 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. FriendTimes's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$5 Mil. FriendTimes's average total debt for the quarter that ended in Dec. 2024 was HK$168 Mil. Therefore, FriendTimes's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 2.81%.

FriendTimes Effective Interest Rate on Debt % Historical Data

The historical data trend for FriendTimes'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.

FriendTimes Effective Interest Rate on Debt % Chart

FriendTimes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.08

4.35

3.03

1.93

2.62

FriendTimes Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial										2.73	1.48	2.72	2.21	2.81

Competitive Comparison of FriendTimes's Effective Interest Rate on Debt %

For the Electronic Gaming & Multimedia subindustry, FriendTimes'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.

FriendTimes's Effective Interest Rate on Debt % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, FriendTimes's Effective Interest Rate on Debt % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

FriendTimes Effective Interest Rate on Debt % Calculation

FriendTimes'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 * -4.201	/	( (161.752	+	159.532)	/ 2 )
=	-1 * -4.201	/	160.642
=	2.62 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	161.752
=	161.752

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	159.532
=	159.532

FriendTimes'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 * -4.706	/	( (175.889	+	159.532)	/ 2 )
=	-1 * -4.706	/	167.7105
=	2.81 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	175.889
=	175.889

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	159.532
=	159.532

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.

FriendTimes (HKSE:06820) Effective Interest Rate on Debt % Explanation

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

FriendTimes Effective Interest Rate on Debt % Related Terms

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

FriendTimes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » FriendTimes Inc (HKSE:06820) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 68 Qitai Road, FriendTimes Building, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN

Website

https://www.friendtimes.net

FriendTimes Inc is an online game manufacturer and operator in China. Its game portfolio includes Fate of the Empress, Legend of Empress, Promise of Lingyun, A Story of Lala's: Rising Star, Twist of the Fate, Ink Sword: Jianghu. It derives revenue from provision of mobile game development and publishing services. Geographically the company operates in Mainland of the PRC and Overeas.

Executives

Jiang Xiaohuang	2201 Interest of corporation controlled by you
Mao Yuyan	2202 Interest of your spouse
Friends Together Holdings Limited	2101 Beneficial owner
Tmf Trust (hk) Limited	2301 Trustee
Gorgeous Sunshine Holding Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Friends Fruit Holdings Limited	2201 Interest of corporation controlled by you
Gic Private Limited	2102 Investment manager
Eternal Heart Holdings Limited	2101 Beneficial owner
Future Wisdom Holdings Limited	2201 Interest of corporation controlled by you
Ling Long Holdings Limited	2101 Beneficial owner
Warm Sunshine Holdings Limited	2101 Beneficial owner
Purple Crystal Holdings Limited	2101 Beneficial owner
Purple Dream Holdings Limited	2201 Interest of corporation controlled by you

FriendTimes Headlines

No Headlines