IMS Group Holdings (HKSE:08136) Effective Interest Rate on Debt % : 5.43% (As of Sep. 2023)

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What is IMS Group 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. IMS Group Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$0.15 Mil. IMS Group Holdings's average total debt for the quarter that ended in Sep. 2023 was HK$2.80 Mil. Therefore, IMS Group Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 5.43%.

IMS Group Holdings Effective Interest Rate on Debt % Historical Data

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

IMS Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

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4.74

4.84

5.05

6.75

IMS Group Holdings 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															4.26	5.65	5.28	4.44	5.43

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

For the Electrical Equipment & Parts subindustry, IMS Group 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.

IMS Group Holdings's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMS Group Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

IMS Group Holdings Effective Interest Rate on Debt % Calculation

IMS Group Holdings'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 * -0.226	/	( (2.462	+	4.239)	/ 2 )
=	-1 * -0.226	/	3.3505
=	6.75 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.212	+	1.25
=	2.462

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.432	+	2.807
=	4.239

IMS Group Holdings'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 * -0.152	/	( (0	+	2.799)	/ 1 )
=	-1 * -0.152	/	2.799
=	5.43 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.464	+	2.335
=	2.799

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.

IMS Group Holdings (HKSE:08136) Effective Interest Rate on Debt % Explanation

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

IMS Group Holdings Effective Interest Rate on Debt % Related Terms

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IMS Group Holdings (HKSE:08136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMS Group Holdings Ltd (HKSE:08136) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

No. 8 Watson Road, North Point, 12th floor, Unit 1201, Block C Seaview Estate, Hong Kong, HKG

Website

https://www.imsgroupholdings.com

IMS Group Holdings Ltd is a provider of integrated LED lighting solutions. The company principally engaged in sale of LED lighting fixtures and visual-audio system, provision of integrated LED lighting solution services, project consultancy and LED lighting system maintenance services, sale of 3D printing materials and provision for 3D printing services. The firm receives a majority of its revenue from the sale of LED lighting fixtures followed by integrated LED lighting solution services. It has a business presence in Hong Kong, the PRC, Asia, Europe and others, of which the key revenue is derived from the PRC.

Executives

The Garage Investment Limited	2101 Beneficial owner
Ng Wing Sze	2202 Interest of your spouse
Tam Yat Ming Andrew	2201 Interest of corporation controlled by you
Wan Man Hong	2101 Beneficial owner
Yeung Ngai	2202 Interest of your spouse
Hung Ying	2101 Beneficial owner
Yeung Wun Tang Andy	2202 Interest of your spouse

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