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Hung Ching Developmentnstruction Co (TPE:2527) Effective Interest Rate on Debt % : 1.82% (As of Mar. 2024)


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What is Hung Ching Developmentnstruction Co 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. Hung Ching Developmentnstruction Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was NT$268 Mil. Hung Ching Developmentnstruction Co's average total debt for the quarter that ended in Mar. 2024 was NT$14,756 Mil. Therefore, Hung Ching Developmentnstruction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.82%.


Hung Ching Developmentnstruction Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Hung Ching Developmentnstruction Co'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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Hung Ching Developmentnstruction Co Effective Interest Rate on Debt % Chart

Hung Ching Developmentnstruction Co 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 1.29 1.53 1.33 1.35 1.40

Hung Ching Developmentnstruction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.51 1.41 1.55 1.56 1.82

Competitive Comparison of Hung Ching Developmentnstruction Co's Effective Interest Rate on Debt %

For the Real Estate Services subindustry, Hung Ching Developmentnstruction Co'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.


Hung Ching Developmentnstruction Co's Effective Interest Rate on Debt % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hung Ching Developmentnstruction Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hung Ching Developmentnstruction Co's Effective Interest Rate on Debt % falls into.



Hung Ching Developmentnstruction Co Effective Interest Rate on Debt % Calculation

Hung Ching Developmentnstruction Co'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  *  -170.722/( (9262.583+15044.739)/ 2 )
=-1  *  -170.722/12153.661
=1.40 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1861.042 + 7401.541
=9262.583

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2886.665 + 12158.074
=15044.739

Hung Ching Developmentnstruction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -268.42/( (15044.739+14466.759)/ 2 )
=-1  *  -268.42/14755.749
=1.82 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2886.665 + 12158.074
=15044.739

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3096.231 + 11370.528
=14466.759

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


Hung Ching Developmentnstruction Co  (TPE:2527) Effective Interest Rate on Debt % Explanation

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


Hung Ching Developmentnstruction Co Effective Interest Rate on Debt % Related Terms

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Hung Ching Developmentnstruction Co (TPE:2527) Business Description

Traded in Other Exchanges
N/A
Address
Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN
Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

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