P.B. Group (HKSE:08331) Effective Interest Rate on Debt % : 119.22% (As of Sep. 2023)

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What is P.B. 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. P.B. Group's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$0.61 Mil. P.B. Group's average total debt for the quarter that ended in Sep. 2023 was HK$0.51 Mil. Therefore, P.B. Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 119.22%.

P.B. Group Effective Interest Rate on Debt % Historical Data

The historical data trend for P.B. 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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P.B. Group Effective Interest Rate on Debt % Chart

P.B. Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Effective Interest Rate on Debt %

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220.18

56.75

34.24

P.B. Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	119.22

Competitive Comparison of P.B. Group's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, P.B. 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.

P.B. Group's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, P.B. Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

P.B. Group Effective Interest Rate on Debt % Calculation

P.B. Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2020 )	+	Total Debt (A: Dec. 2021 ))	/ count )
=	-1 * -0.64	/	( (1.869	+	0)	/ 1 )
=	-1 * -0.64	/	1.869
=	34.24 %

where

	Total Debt (A: Dec. 2020 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.2	+	0.669
=	1.869

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

P.B. Group'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 * -0.608	/	( (0	+	0.51)	/ 1 )
=	-1 * -0.608	/	0.51
=	119.22 %

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	+	0.51
=	0.51

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.

P.B. Group (HKSE:08331) Effective Interest Rate on Debt % Explanation

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

P.B. Group Effective Interest Rate on Debt % Related Terms

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P.B. Group (HKSE:08331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » P.B. Group Ltd (HKSE:08331) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

180 Tung Lo Wan Road, Park Commercial Centre, Room 1601, 16/F, Causeway Bay, Hong Kong, HKG

Website

http://www.thepbg.com

P.B. Group Ltd is engaged in bentonite mining, production and sales of drilling mud and pelletising clay. The company is also engaged in the financial service business. It operates in two reportable segments Bentonite mining operation engaged in Bentonite mining, production and sales of drilling mud and pelletising clay; and Financial service business engaged in provision of wealth management services, money lending services and provision of financial services. It derives revenue from Bentonite mining operations.

Executives

P.b. Asia Holdings Limited	2101 Beneficial owner
Bonus Eventus Securities Limited	2101 Beneficial owner
Value Dynasty Limited	2201 Interest of corporation controlled by you
Chan Man Fung	2201 Interest of corporation controlled by you
Pui Wai Lun	2201 Interest of corporation controlled by you
Wang Jie
Zhang Qiang
P.b. Capital Advanced Fund Spc – P.b. Capital Advanced Fund 1 Segregated Portfolio
Zhuang Shibin	2101 Beneficial owner

P.B. Group (HKSE:08331) Headlines

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