1957. (Hospitality) (HKSE:08495) Effective Interest Rate on Debt % : 5.34% (As of Dec. 2023)

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

What is 1957. (Hospitality) 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. 1957. (Hospitality)'s annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$10.5 Mil. 1957. (Hospitality)'s average total debt for the quarter that ended in Dec. 2023 was HK$197.4 Mil. Therefore, 1957. (Hospitality)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.34%.

1957. (Hospitality) Effective Interest Rate on Debt % Historical Data

The historical data trend for 1957. (Hospitality)'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.

1957. (Hospitality) Effective Interest Rate on Debt % Chart

1957. (Hospitality) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.36

3.28

2.81

4.68

6.45

1957. (Hospitality) 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															10.89	9.07	3.71	6.01	5.34

Competitive Comparison of 1957. (Hospitality)'s Effective Interest Rate on Debt %

For the Restaurants subindustry, 1957. (Hospitality)'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.

1957. (Hospitality)'s Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, 1957. (Hospitality)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where 1957. (Hospitality)'s Effective Interest Rate on Debt % falls into.

1957. (Hospitality) Effective Interest Rate on Debt % Calculation

1957. (Hospitality)'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 * -10.035	/	( (113.791	+	197.412)	/ 2 )
=	-1 * -10.035	/	155.6015
=	6.45 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	31.226	+	82.565
=	113.791

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	86.64	+	110.772
=	197.412

1957. (Hospitality)'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 * -10.536	/	( (0	+	197.412)	/ 1 )
=	-1 * -10.536	/	197.412
=	5.34 %

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
=	86.64	+	110.772
=	197.412

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.

1957. (Hospitality) (HKSE:08495) Effective Interest Rate on Debt % Explanation

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

1957. (Hospitality) Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of 1957. (Hospitality)'s Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

1957. (Hospitality) (HKSE:08495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » 1957 & Co. (Hospitality) Ltd (HKSE:08495) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

391–407 Jaffe Road, 33rd Floor, Times Tower, Hong Kong, HKG

Website

https://www.1957.com.hk

1957 & Co. (Hospitality) Ltd is a Hong Kong-based restaurant operation and management company. Together with its subsidiaries, the firm operates full-service restaurants under various brands and serves Japanese, Thai, Vietnamese, Shanghainese and Italian cuisines. The Group is engaged in the operation of restaurants and provision of catering management and consultancy services segment. Apart from its restaurant operation business the company also provides catering management and consultancy services in Hong Kong and the People's Republic of China. It derives the majority of the revenue from the operation of restaurants.

Executives

Cai Weike	2201 Interest of corporation controlled by you
Real Hero Ventures Limited	2101 Beneficial owner
Zhang Meiyun	2202 Interest of your spouse
Chan Siu Wan	2202 Interest of your spouse
Leung Chi Tien Steve	2201 Interest of corporation controlled by you
Kwan Wing Kuen Tino	2101 Beneficial owner
Kwan Wai Ling Alicia	2202 Interest of your spouse
1957 & Co. Limited	2201 Interest of corporation controlled by you
Sino Explorer Limited	2101 Beneficial owner
All Victory Global Limited

1957. (Hospitality) (HKSE:08495) Headlines

No Headlines