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i-CABLE Communications (i-CABLE Communications) Effective Interest Rate on Debt % : 5.89% (As of Dec. 2023)


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What is i-CABLE Communications 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. i-CABLE Communications's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $12.29 Mil. i-CABLE Communications's average total debt for the quarter that ended in Dec. 2023 was $208.55 Mil. Therefore, i-CABLE Communications's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.89%.


i-CABLE Communications Effective Interest Rate on Debt % Historical Data

The historical data trend for i-CABLE Communications'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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i-CABLE Communications Effective Interest Rate on Debt % Chart

i-CABLE Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 5.22 5.55 5.36 5.52

i-CABLE Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.44 5.15 5.49 5.45 5.89

Competitive Comparison of i-CABLE Communications's Effective Interest Rate on Debt %

For the Entertainment subindustry, i-CABLE Communications'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.


i-CABLE Communications's Effective Interest Rate on Debt % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, i-CABLE Communications's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Effective Interest Rate on Debt % falls into.



i-CABLE Communications Effective Interest Rate on Debt % Calculation

i-CABLE Communications'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  *  -10.698/( (151.842+235.989)/ 2 )
=-1  *  -10.698/193.9155
=5.52 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=109.165 + 42.677
=151.842

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=197.599 + 38.39
=235.989

i-CABLE Communications'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  *  -12.292/( (181.101+235.989)/ 2 )
=-1  *  -12.292/208.545
=5.89 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=140.704 + 40.397
=181.101

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=197.599 + 38.39
=235.989

* 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.


i-CABLE Communications  (OTCPK:ICABF) Effective Interest Rate on Debt % Explanation

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


i-CABLE Communications Effective Interest Rate on Debt % Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

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