Tomo Holdings (HKSE:06928) Effective Interest Rate on Debt % : 3.64% (As of Dec. 2023)

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What is Tomo 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. Tomo Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0.01 Mil. Tomo Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$0.33 Mil. Therefore, Tomo Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.64%.

Tomo Holdings Effective Interest Rate on Debt % Historical Data

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

Tomo Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.70

6.03

7.01

8.78

4.74

Tomo Holdings Semi-Annual Data
	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												12.18	7.05	4.49	5.53	3.64

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

For the Auto Parts subindustry, Tomo 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.

Tomo Holdings's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tomo Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Tomo Holdings Effective Interest Rate on Debt % Calculation

Tomo 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 * -0.018	/	( (0.484	+	0.276)	/ 2 )
=	-1 * -0.018	/	0.38
=	4.74 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.265	+	0.219
=	0.484

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.041	+	0.235
=	0.276

Tomo 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 * -0.012	/	( (0.384	+	0.276)	/ 2 )
=	-1 * -0.012	/	0.33
=	3.64 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.157	+	0.227
=	0.384

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.041	+	0.235
=	0.276

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.

Tomo Holdings (HKSE:06928) Effective Interest Rate on Debt % Explanation

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

Tomo Holdings Effective Interest Rate on Debt % Related Terms

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Tomo Holdings (HKSE:06928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tomo Holdings Ltd (HKSE:06928) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bedok North Street 5, Block 3018, Number 02-08 Eastlink, Singapore, SGP, 486132

Website

https://www.thetomogroup.com

Tomo Holdings Ltd is an investment holding company engaged in manufacturing auto parts and related accessories. It operates in three segments: Passenger vehicle leather upholstery, Passenger vehicle electronic accessories, and automotive parts and motor vehicles. The majority of its revenue comes from the automotive parts and motor vehicle segment, which supplies automotive parts and motor vehicles to passenger vehicle distributors and dealers, mainly located in Singapore. Geographically the majority of its revenues come from Singapore.

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