Baiying Holdings Group (HKSE:08525) Effective Interest Rate on Debt % : 26.08% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Baiying Holdings 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. Baiying Holdings Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$2.88 Mil. Baiying Holdings Group's average total debt for the quarter that ended in Dec. 2023 was HK$11.05 Mil. Therefore, Baiying Holdings Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 26.08%.

Baiying Holdings Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Baiying Holdings 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.

* Premium members only.

Baiying Holdings Group Effective Interest Rate on Debt % Chart

Baiying Holdings Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

9.26

10.10

10.58

11.56

7.32

Baiying Holdings Group 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															12.11	6.15	4.98	2.68	26.08

Competitive Comparison of Baiying Holdings Group's Effective Interest Rate on Debt %

For the Credit Services subindustry, Baiying Holdings 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.

Baiying Holdings Group's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Baiying Holdings Group's Effective Interest Rate on Debt % distribution charts can be found below:

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

Baiying Holdings Group Effective Interest Rate on Debt % Calculation

Baiying Holdings Group'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 * -1.689	/	( (35.116	+	11.045)	/ 2 )
=	-1 * -1.689	/	23.0805
=	7.32 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	35.116	+	0
=	35.116

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11.045	+	0
=	11.045

Baiying Holdings Group'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 * -2.88	/	( (0	+	11.045)	/ 1 )
=	-1 * -2.88	/	11.045
=	26.08 %

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
=	11.045	+	0
=	11.045

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.

Baiying Holdings Group (HKSE:08525) Effective Interest Rate on Debt % Explanation

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

Baiying Holdings Group Effective Interest Rate on Debt % Related Terms

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

Baiying Holdings Group (HKSE:08525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Baiying Holdings Group Ltd (HKSE:08525) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.77 Tai Nan Road, Unit 2, 18th Floor, Fujian Province, Siming District, Xiamen, CHN

Website

https://www.byleasing.com

Baiying Holdings Group Ltd is a China-based investment holding company principally engaged in the provision of finance leasing service. The operating segments are Financial services, Packaging and paper products trading and Manufacture and sale of vinegar and other condiment products. It offers equipment-based financing solutions, commercial factoring and advisory services to SMEs and individual entrepreneurs, and financing support for the real economy and the support of the development of SMEs. All the group's revenue is generated in the PRC.

Executives

Zhou Yongwei	2101 Beneficial owner
Hdk Capital Limited	2101 Beneficial owner
Huang Dake	2201 Interest of corporation controlled by you
Wong Po Nei	2201 Interest of corporation controlled by you
Septwolves Holdings Limited	2101 Beneficial owner
Ke Jinding	2201 Interest of corporation controlled by you
Ke Shuiyuan	2201 Interest of corporation controlled by you
Zijiang Capital Limited	2101 Beneficial owner
Shengshi Capital Limited	2101 Beneficial owner

Baiying Holdings Group (HKSE:08525) Headlines

No Headlines