Qian Hu (SGX:BCV) Effective Interest Rate on Debt % : 5.04% (As of Jun. 2024)

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What is Qian Hu 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. Qian Hu's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was S$0.39 Mil. Qian Hu's average total debt for the quarter that ended in Jun. 2024 was S$7.69 Mil. Therefore, Qian Hu's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 5.04%.

Qian Hu Effective Interest Rate on Debt % Historical Data

The historical data trend for Qian Hu'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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Qian Hu Effective Interest Rate on Debt % Chart

Qian Hu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.32

2.22

1.66

2.90

4.81

Qian Hu Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															1.79	3.53	4.44	5.19	5.04

Competitive Comparison of Qian Hu's Effective Interest Rate on Debt %

For the Leisure subindustry, Qian Hu'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.

Qian Hu's Effective Interest Rate on Debt % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Qian Hu's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Qian Hu's Effective Interest Rate on Debt % falls into.

Qian Hu Effective Interest Rate on Debt % Calculation

Qian Hu'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 * -0.451	/	( (10.803	+	7.949)	/ 2 )
=	-1 * -0.451	/	9.376
=	4.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.939	+	9.864
=	10.803

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.562	+	6.387
=	7.949

Qian Hu's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Jun. 2024 ))	/ count )
=	-1 * -0.388	/	( (7.949	+	7.436)	/ 2 )
=	-1 * -0.388	/	7.6925
=	5.04 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.562	+	6.387
=	7.949

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.087	+	6.349
=	7.436

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 (Jun. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Qian Hu (SGX:BCV) Effective Interest Rate on Debt % Explanation

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

Qian Hu Effective Interest Rate on Debt % Related Terms

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Qian Hu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Qian Hu Corp Ltd (SGX:BCV) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71 Jalan Lekar, Sungei Tengah, Singapore, SGP, 698950

Website

https://www.qianhu.com

Qian Hu Corp Ltd is an integrated ornamental fish service provider in Singapore. Its operating segments are Fish, Accessories, Plastics, and others. The company generates maximum revenue from the Accessories segment. Its Accessories segment includes the manufacturing and distribution of aquarium and pet accessories. The Fish segment includes fish farming, breeding, distribution, and trading of ornamental and edible fish/seafood. Its Plastics segment includes the manufacturing and distribution of plastic bags.

Qian Hu Headlines

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