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Powerlong Commercial Management Holdings (HKSE:09909) Effective Interest Rate on Debt % : 5.31% (As of Dec. 2023)


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What is Powerlong Commercial Management 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. Powerlong Commercial Management Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$56 Mil. Powerlong Commercial Management Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$1,057 Mil. Therefore, Powerlong Commercial Management Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.31%.


Powerlong Commercial Management Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Powerlong Commercial Management 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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Powerlong Commercial Management Holdings Effective Interest Rate on Debt % Chart

Powerlong Commercial Management Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 5.32 5.40 5.26 6.39 4.43

Powerlong Commercial Management Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5.17 5.29 7.11 3.77 5.31

Competitive Comparison of Powerlong Commercial Management Holdings's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Powerlong Commercial Management 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.


Powerlong Commercial Management Holdings's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Powerlong Commercial Management Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Powerlong Commercial Management Holdings's Effective Interest Rate on Debt % falls into.



Powerlong Commercial Management Holdings Effective Interest Rate on Debt % Calculation

Powerlong Commercial Management 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  *  -47.773/( (1067.182+1089.024)/ 2 )
=-1  *  -47.773/1078.103
=4.43 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1006.466 + 60.716
=1067.182

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1018.421 + 70.603
=1089.024

Powerlong Commercial Management 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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -56.108/( (1025.025+1089.024)/ 2 )
=-1  *  -56.108/1057.0245
=5.31 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=985.157 + 39.868
=1025.025

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1018.421 + 70.603
=1089.024

* 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 two times the semi-annual (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Powerlong Commercial Management Holdings  (HKSE:09909) Effective Interest Rate on Debt % Explanation

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


Powerlong Commercial Management Holdings Effective Interest Rate on Debt % Related Terms

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Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Traded in Other Exchanges
N/A
Address
1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101
Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.
Executives
Hoi Wa Fong 2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia 2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

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