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eBroker Group (HKSE:08036) Effective Interest Rate on Debt % : 9.52% (As of Dec. 2023)


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What is eBroker Group 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. eBroker Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0.10 Mil. eBroker Group's average total debt for the quarter that ended in Dec. 2023 was HK$1.05 Mil. Therefore, eBroker Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.52%.


eBroker Group Effective Interest Rate on Debt % Historical Data

The historical data trend for eBroker Group'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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eBroker Group Effective Interest Rate on Debt % Chart

eBroker Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.53 7.83 7.51 4.37 5.19

eBroker Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.76 4.03 5.73 4.87 9.52

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

For the Software - Application subindustry, eBroker Group'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.


eBroker Group's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, eBroker Group's Effective Interest Rate on Debt % distribution charts can be found below:

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



eBroker Group Effective Interest Rate on Debt % Calculation

eBroker Group'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  *  -0.084/( (2.185+1.05)/ 2 )
=-1  *  -0.084/1.6175
=5.19 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.646 + 1.539
=2.185

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.162 + 0.888
=1.05

eBroker Group'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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.1/( (0+1.05)/ 1 )
=-1  *  -0.1/1.05
=9.52 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.162 + 0.888
=1.05

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


eBroker Group  (HKSE:08036) Effective Interest Rate on Debt % Explanation

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


eBroker Group Effective Interest Rate on Debt % Related Terms

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eBroker Group (HKSE:08036) Business Description

Industry
Traded in Other Exchanges
N/A
Address
19 Canton Road, Tsim Sha Tsui, World Finance Centre, Suites 1410-11, 14th Floor, North Tower, Kowloon, Hong Kong, HKG
eBroker Group Limited is an investment holding company mainly engaged in the development and supply of financial software solutions. The Company provides financial software solutions to financial institutions. The Company mainly provides front-office solution services, back-office solution services, software and hardware installation and customization services, and cloud management services. The front office solutions are used for front office operations, including trading execution, fund management, credit control, risk management, and cyber security services. The back office solutions are used for back office settlement operations, including clearing and settlement of trading orders, portfolio risk reporting, and colocation services.
Executives
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Good Steward Foundation Limited 2201 Interest of corporation controlled by you
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Nie Lehui 2201 Interest of corporation controlled by you

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