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Net Pacific Financial Holdings (SGX:5QY) Effective Interest Rate on Debt % : 2.31% (As of Dec. 2023)


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What is Net Pacific Financial 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. Net Pacific Financial Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was S$0.01 Mil. Net Pacific Financial Holdings's average total debt for the quarter that ended in Dec. 2023 was S$0.35 Mil. Therefore, Net Pacific Financial Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.31%.


Net Pacific Financial Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Net Pacific Financial 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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Net Pacific Financial Holdings Effective Interest Rate on Debt % Chart

Net Pacific Financial Holdings 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 - - - - 0.58

Net Pacific Financial Holdings Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 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 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 - - - - 2.31

Competitive Comparison of Net Pacific Financial Holdings's Effective Interest Rate on Debt %

For the Mortgage Finance subindustry, Net Pacific Financial 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.


Net Pacific Financial Holdings's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

* The bar in red indicates where Net Pacific Financial Holdings's Effective Interest Rate on Debt % falls into.



Net Pacific Financial Holdings Effective Interest Rate on Debt % Calculation

Net Pacific Financial 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  *  -0.002/( (0+0.347)/ 1 )
=-1  *  -0.002/0.347
=0.58 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.256 + 0.091
=0.347

Net Pacific Financial 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: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.008/( (0+0.347)/ 1 )
=-1  *  -0.008/0.347
=2.31 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.256 + 0.091
=0.347

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


Net Pacific Financial Holdings  (SGX:5QY) Effective Interest Rate on Debt % Explanation

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


Net Pacific Financial Holdings Effective Interest Rate on Debt % Related Terms

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Net Pacific Financial Holdings (SGX:5QY) Business Description

Traded in Other Exchanges
N/A
Address
35 Selegie Road, No.10-25, Singapore, SGP, 188307
Net Pacific Financial Holdings Ltd is engaged in providing financing services. It provides financing services to small and medium-sized companies in the People's Republic of China, Hong Kong Special Administrative Region, Australia, and beyond. The operating segments of the group are the Financing business which generates the majority of the revenue and the Investment segment. The group provides financial services in the financing business segment which includes the provision of working capital financing, asset-backed loans, mezzanine loans, and investments in growth-oriented companies. The investment segment is the business of investing in short-term financial instruments using cash on hand pending further loan disbursement or investment opportunities under the financing business.

Net Pacific Financial Holdings (SGX:5QY) Headlines

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