Brightstar Technology Group Co (HKSE:08446) Effective Interest Rate on Debt % : 0.00% (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Brightstar Technology Group Co 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. Brightstar Technology Group Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was HK$0.00 Mil. Brightstar Technology Group Co's average total debt for the quarter that ended in Jun. 2024 was HK$33.01 Mil. Therefore, Brightstar Technology Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 0.00%.

Brightstar Technology Group Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Brightstar Technology Group Co'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.

Brightstar Technology Group Co Effective Interest Rate on Debt % Chart

Brightstar Technology Group Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.06

7.22

4.89

4.12

2.01

Brightstar Technology Group Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	4.79	3.10	2.20	-

Competitive Comparison of Brightstar Technology Group Co's Effective Interest Rate on Debt %

For the Entertainment subindustry, Brightstar Technology Group Co'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.

Brightstar Technology Group Co's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightstar Technology Group Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Brightstar Technology Group Co's Effective Interest Rate on Debt % falls into.

Brightstar Technology Group Co Effective Interest Rate on Debt % Calculation

Brightstar Technology Group Co'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: May. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -0.661	/	( (16.32	+	49.541)	/ 2 )
=	-1 * -0.661	/	32.9305
=	2.01 %

where

	Total Debt (A: May. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.839	+	14.481
=	16.32

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.145	+	43.396
=	49.541

Brightstar Technology Group Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * 0	/	( (49.541	+	16.473)	/ 2 )
=	-1 * 0	/	33.007
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.145	+	43.396
=	49.541

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.175	+	10.298
=	16.473

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Brightstar Technology Group Co (HKSE:08446) Effective Interest Rate on Debt % Explanation

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

Brightstar Technology Group Co Effective Interest Rate on Debt % Related Terms

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

Brightstar Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightstar Technology Group Co Ltd (HKSE:08446) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Wing Yip Street, Hoi Bun Industrial Building, Unit D2, 5th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.intechproductions.com

Brightstar Technology Group Co Ltd Formerly In Technical Productions Holdings Ltd is a visual display solution services and information technology consulting services. The company produces image processors, LED, large screen projectors, and other products. It is segments include Provision of visual display solution services segment which derives key revenue, consists of pop concerts, corporate events, and exhibitions in Hong Kong, Macau, and the Greater China region. Information technology consulting services segment is engaged in one-stop technical consulting services and solutions for e-commerce business platforms; and the metaverse technology business; Hotel and convention planning services segment engaged in hotel reservation and convention planning services.

Executives

Ma Lie	2201 Interest of corporation controlled by you
St Ma Ltd	2101 Beneficial owner
Yuanyu Enterprise Management Co., Limited	2101 Beneficial owner
Zhou Hongyu	2201 Interest of corporation controlled by you
Next Vision Management Limited	2101 Beneficial owner
Yeung Ho Ting Dennis	2201 Interest of corporation controlled by you
Ma Lie	2201 Interest of corporation controlled by you
Mo Suyun	2201 Interest of corporation controlled by you
Zhongsheng Asset Management Co., Limited	2101 Beneficial owner

Brightstar Technology Group Co Headlines

No Headlines