GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Coolpoint Innonism Holding Ltd (HKSE:08040) » Definitions » Effective Interest Rate on Debt %

Coolpoint Innonism Holding (HKSE:08040) Effective Interest Rate on Debt % : 4.69% (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Coolpoint Innonism Holding 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. Coolpoint Innonism Holding's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$0.8 Mil. Coolpoint Innonism Holding's average total debt for the quarter that ended in Sep. 2023 was HK$16.3 Mil. Therefore, Coolpoint Innonism Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.69%.


Coolpoint Innonism Holding Effective Interest Rate on Debt % Historical Data

The historical data trend for Coolpoint Innonism Holding'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.

Coolpoint Innonism Holding Effective Interest Rate on Debt % Chart

Coolpoint Innonism Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 11.79 18.19 7.13 1.63 3.65

Coolpoint Innonism Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.43 3.80 3.66 4.21 4.69

Competitive Comparison of Coolpoint Innonism Holding's Effective Interest Rate on Debt %

For the Consulting Services subindustry, Coolpoint Innonism Holding'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.


Coolpoint Innonism Holding's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Coolpoint Innonism Holding's Effective Interest Rate on Debt % distribution charts can be found below:

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



Coolpoint Innonism Holding Effective Interest Rate on Debt % Calculation

Coolpoint Innonism Holding's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2022 )+Total Debt  (A: Mar. 2023 ))/ count )
=-1  *  -0.576/( (14.954+16.631)/ 2 )
=-1  *  -0.576/15.7925
=3.65 %

where

Total Debt  (A: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.803 + 12.151
=14.954

Total Debt  (A: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.804 + 14.827
=16.631

Coolpoint Innonism Holding's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -0.764/( (0+16.284)/ 1 )
=-1  *  -0.764/16.284
=4.69 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.607 + 14.677
=16.284

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


Coolpoint Innonism Holding  (HKSE:08040) Effective Interest Rate on Debt % Explanation

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


Coolpoint Innonism Holding Effective Interest Rate on Debt % Related Terms

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


Coolpoint Innonism Holding (HKSE:08040) Business Description

Traded in Other Exchanges
N/A
Address
63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.
Executives
Chen Yi-sung 2101 Beneficial owner
Advance Goal Group Limited 2101 Beneficial owner
Cheng Tsang Fu Dennis 2201 Interest of corporation controlled by you
Cheng Tsang Wai 2201 Interest of corporation controlled by you
Chow Siu Shan Juliana 2202 Interest of your spouse
Liu Lee Lee Lily 2201 Interest of corporation controlled by you

Coolpoint Innonism Holding (HKSE:08040) Headlines

No Headlines