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Well Link Securities Holdings (HKSE:08350) Effective Interest Rate on Debt % : 4.56% (As of Dec. 2023)


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What is Well Link Securities 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. Well Link Securities Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$1.92 Mil. Well Link Securities Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$42.01 Mil. Therefore, Well Link Securities Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.56%.


Well Link Securities Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Well Link Securities 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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Well Link Securities Holdings Effective Interest Rate on Debt % Chart

Well Link Securities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 6.49 24.89 7.91 6.09 3.59

Well Link Securities 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 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 3.97 3.96 4.17 2.40 4.56

Competitive Comparison of Well Link Securities Holdings's Effective Interest Rate on Debt %

For the Capital Markets subindustry, Well Link Securities 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.


Well Link Securities Holdings's Effective Interest Rate on Debt % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Well Link Securities Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Well Link Securities Holdings's Effective Interest Rate on Debt % falls into.



Well Link Securities Holdings Effective Interest Rate on Debt % Calculation

Well Link Securities Holdings'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  *  -1.713/( (53.351+42.014)/ 2 )
=-1  *  -1.713/47.6825
=3.59 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=42.014 + 11.337
=53.351

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.256 + 1.758
=42.014

Well Link Securities 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  *  -1.916/( (0+42.014)/ 1 )
=-1  *  -1.916/42.014
=4.56 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.256 + 1.758
=42.014

* 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.


Well Link Securities Holdings  (HKSE:08350) Effective Interest Rate on Debt % Explanation

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


Well Link Securities Holdings Effective Interest Rate on Debt % Related Terms

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Well Link Securities Holdings (HKSE:08350) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 3711, 37th Floor, West Tower, Shuk Tak Centre, Sheung Wan, Hong Kong, HKG
Excalibur Global Financial Holdings Ltd is a provider of brokerage services for futures and options traded on the exchange in Hong Kong, the United States, Japan, Singapore, and the United Kingdom. The group is engaged in two segments that include Brokerage services and margin financing, and Money lending. The majority of the revenue derives from the provision of brokerage services and the margin financing segment. It provides clients with access to locally and globally traded futures and options products. The group derives revenue principally from brokerage fees received from the clients for the execution and facilitation of the execution of trades through the online trading platform and finance charges received for the margin loan to clients.
Executives
Well Link Fintech Holdings Limited 2101 Beneficial owner
Xu Chujia 2201 Interest of corporation controlled by you
Xu Chujia 2201 Interest of corporation controlled by you
Chan Ying Leung 2103 Interests held jointly with another person
Poon Kwok Wah Allan 2103 Interests held jointly with another person

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