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KangLi International Holdings (HKSE:06890) Effective Interest Rate on Debt % : 3.53% (As of Dec. 2024)


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What is KangLi International 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. KangLi International Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was HK$17 Mil. KangLi International Holdings's average total debt for the quarter that ended in Dec. 2024 was HK$487 Mil. Therefore, KangLi International Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 3.53%.


KangLi International Holdings Effective Interest Rate on Debt % Historical Data

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

KangLi International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 4.28 3.98 4.03 3.96

KangLi International Holdings Semi-Annual Data
Dec15 Dec16 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 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 3.65 3.91 3.99 3.81 3.53

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

For the Steel subindustry, KangLi International 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.


KangLi International Holdings's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KangLi International Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


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KangLi International Holdings Effective Interest Rate on Debt % Calculation

KangLi International 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  *  -19.482/( (581.024+404.03)/ 2 )
=-1  *  -19.482/492.527
=3.96 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=96.231 + 484.793
=581.024

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.014 + 297.016
=404.03

KangLi International 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  *  -17.21/( (570.591+404.03)/ 2 )
=-1  *  -17.21/487.3105
=3.53 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.703 + 540.888
=570.591

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=107.014 + 297.016
=404.03

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


KangLi International Holdings  (HKSE:06890) Effective Interest Rate on Debt % Explanation

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


KangLi International Holdings Effective Interest Rate on Debt % Related Terms

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KangLi International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Hengshanqiao Town, Wujin District, Wuyi County, Jiangsu Province, Changzhou, CHN
KangLi International Holdings Ltd is engaged in the production and sales of unpainted and painted galvanized steel products to midstream steel product processors, and cold-rolled steel products to home appliance manufacturers. The company has three operating segments; the Hard steel coil segment includes the manufacture and sale of cold-rolled hard steel coil, the Unpainted galvanized steel products segment includes the manufacture and sale of hot-dipped galvanized/zinc-coated steel coil and sheet; the Painted galvanized steel products segment includes the manufacture and sale of hot-dipped color coated galvanized steel coil and sheet and the Property management services. Geographically, it derives a majority of its revenue from the People's Republic of China.
Executives
Liu Ping 2202 Interest of your spouse
Mei Zefeng 2201 Interest of corporation controlled by you
Newrich Limited 2101 Beneficial owner
Star Century Corporate Limited 2101 Beneficial owner
Chang Zhou Dong Fang Xin Cheng Jian She You Xian Gong Si 2201 Interest of corporation controlled by you
Chang Zhou Dong Fang Shui Wu Tou Zi Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Chang Zhou Jing Ji Kai Fa Qu Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Xiang Gang Dong Fang Kong Gu Shi Ye You Xian Gong Si 2101 Beneficial owner

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