WLGSF (WANG & LEE Group) Effective Interest Rate on Debt %: 5.51% (As of Dec. 2024)


What is WANG & LEE Group Effective Interest Rate on Debt %?

WANG & LEE Group WLGSF +116.67% Effective Interest Rate on Debt % is 5.51% as of Dec. 2024.

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. WANG & LEE Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.13 Mil. WANG & LEE Group's average total debt for the quarter that ended in Dec. 2024 was $2.43 Mil. Therefore, WANG & LEE Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 5.51%.

WANG & LEE Group  (OTCPK:WLGSF) Effective Interest Rate on Debt % Explanation

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

WANG & LEE Group Effective Interest Rate on Debt % Related Terms

WANG & LEE Group Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Effective Interest Rate on Debt % Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
13.69 1.90 3.30 4.05 5.89

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 4.14 4.29 4.67 5.79 5.51

WLGSF vs PWR, FIX, EME: Effective Interest Rate on Debt % Comparison

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group Effective Interest Rate on Debt % vs Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Effective Interest Rate on Debt % falls into.


WANG & LEE Group Effective Interest Rate on Debt % Calculation

WANG & LEE Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.13/( (1.95+2.463)/ 2 )
=-1  *  -0.13/2.2065
=5.89 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.677 + 1.273
=1.95

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.472 + 1.991
=2.463

WANG & LEE Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.134/( (2.405+2.463)/ 2 )
=-1  *  -0.134/2.434
=5.51 %

where

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.565 + 1.84
=2.405

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.472 + 1.991
=2.463

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

What does a Effective Interest Rate on Debt % of 5.51% mean?
WANG & LEE Group (WLGSF) has a Effective Interest Rate on Debt % of 5.51% as of Dec. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Effective Interest Rate on Debt % too high?
WANG & LEE Group's current Effective Interest Rate on Debt % is 5.51%.
How does WANG & LEE Group's Effective Interest Rate on Debt % compare to PWR and FIX?
WANG & LEE Group's Effective Interest Rate on Debt % of 5.51% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Construction company?
A good Effective Interest Rate on Debt % depends on the Construction industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on WANG & LEE Group and its competitors. WANG & LEE Group's current Effective Interest Rate on Debt % is 5.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Effective Interest Rate on Debt % of 5.51%. The current Effective Interest Rate on Debt % is 5.51%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For WANG & LEE Group (WLGSF), the current Effective Interest Rate on Debt % is 5.51% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.