Karin Technology Holdings (SGX:K29) Effective Interest Rate on Debt % : 8.20% (As of Jun. 2024)

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What is Karin Technology 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. Karin Technology Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was S$2.2 Mil. Karin Technology Holdings's average total debt for the quarter that ended in Jun. 2024 was S$26.2 Mil. Therefore, Karin Technology Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 8.20%.

Karin Technology Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Karin Technology 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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Karin Technology Holdings Effective Interest Rate on Debt % Chart

Karin Technology Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Effective Interest Rate on Debt %

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2.96

1.23

1.59

4.83

8.82

Karin Technology Holdings 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															1.45	2.71	5.68	6.27	8.20

Competitive Comparison of Karin Technology Holdings's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Karin Technology 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.

Karin Technology Holdings's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Karin Technology Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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

Karin Technology Holdings Effective Interest Rate on Debt % Calculation

Karin Technology Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2023 )	+	Total Debt (A: Jun. 2024 ))	/ count )
=	-1 * -2.036	/	( (27.067	+	19.112)	/ 2 )
=	-1 * -2.036	/	23.0895
=	8.82 %

where

	Total Debt (A: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.288	+	26.779
=	27.067

	Total Debt (A: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.371	+	18.741
=	19.112

Karin Technology Holdings'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 * -2.152	/	( (33.365	+	19.112)	/ 2 )
=	-1 * -2.152	/	26.2385
=	8.20 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.362	+	33.003
=	33.365

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.371	+	18.741
=	19.112

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.

Karin Technology Holdings (SGX:K29) Effective Interest Rate on Debt % Explanation

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

Karin Technology Holdings Effective Interest Rate on Debt % Related Terms

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Karin Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Karin Technology Holdings Ltd (SGX:K29) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

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Address

183 Wai Yip Street, 9th Floor, The Whitney, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.karingroup.com

Karin Technology Holdings Ltd is an investment holding company. Its operating segment includes Components Distribution; IT Infrastructure and Consumer Electronics Products. It generates maximum revenue from the IT Infrastructure segment which is engaged in the provision of computer data storage management solutions and services. The Components Distribution segment engages in the distribution and trading of electronic components and cables. Its Consumer Electronics Products segment engages in the distribution and retailing of consumer electronics products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China and Other countries.

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