Bosa Technology Holdings (HKSE:08140) Effective Interest Rate on Debt % : 6.25% (As of Dec. 2023)

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What is Bosa Technology 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. Bosa Technology Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$0.3 Mil. Bosa Technology Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$4.3 Mil. Therefore, Bosa Technology Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.25%.

Bosa Technology Holdings Effective Interest Rate on Debt % Historical Data

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

Bosa Technology Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Effective Interest Rate on Debt %

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0.39

4.64

3.34

3.81

3.68

Bosa Technology Holdings 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															3.59	1.21	10.16	12.19	6.25

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

For the Steel subindustry, Bosa Technology 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.

Bosa Technology Holdings's Effective Interest Rate on Debt % Distribution in the Steel Industry

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

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

Bosa Technology Holdings Effective Interest Rate on Debt % Calculation

Bosa Technology Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2022 )	+	Total Debt (A: Jun. 2023 ))	/ count )
=	-1 * -0.229	/	( (10.263	+	2.166)	/ 2 )
=	-1 * -0.229	/	6.2145
=	3.68 %

where

	Total Debt (A: Jun. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2.4	+	7.863
=	10.263

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.629	+	1.537
=	2.166

Bosa Technology 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: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.268	/	( (0	+	4.287)	/ 1 )
=	-1 * -0.268	/	4.287
=	6.25 %

where

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

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.326	+	2.961
=	4.287

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.

Bosa Technology Holdings (HKSE:08140) Effective Interest Rate on Debt % Explanation

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

Bosa Technology Holdings Effective Interest Rate on Debt % Related Terms

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Bosa Technology Holdings (HKSE:08140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bosa Technology Holdings Ltd (HKSE:08140) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG

Website

https://www.bosa-tech.com

Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.

Executives

Kwan Tek Sian	2201 Interest of corporation controlled by you
Kin Sun Creative Company Ltd	2101 Beneficial owner
Ha Jasmine Nim Chi	2202 Interest of your spouse
Chan Ching	2202 Interest of your spouse
Lim Su I	2101 Beneficial owner
Yang Tien Lee	2101 Beneficial owner
Wang Yu Ju	2202 Interest of your spouse
Wang Wann Bao	2101 Beneficial owner
Wang Yu Ju	2202 Interest of your spouse
Chiu Yin Mei	2101 Beneficial owner
Chan Ching	2202 Interest of your spouse
Ng Pei Ying	2202 Interest of your spouse
Lim Paulino	2101 Beneficial owner
Yang Tien Lee	2101 Beneficial owner
Wang Wann Bao	2101 Beneficial owner

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