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Dah Sing Financial Holdings (HKSE:00440) Effective Interest Rate on Debt % : 135.84% (As of Dec. 2023)


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What is Dah Sing 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. Dah Sing Financial Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$7,274 Mil. Dah Sing Financial Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$5,355 Mil. Therefore, Dah Sing Financial Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 135.84%.


Dah Sing Financial Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Dah Sing 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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Dah Sing Financial Holdings Effective Interest Rate on Debt % Chart

Dah Sing 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 59.55 48.00 28.28 124.69 207.49

Dah Sing Financial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 27.39 31.24 168.36 279.56 135.84

Competitive Comparison of Dah Sing Financial Holdings's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Dah Sing 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.


Dah Sing Financial Holdings's Effective Interest Rate on Debt % Distribution in the Banks Industry

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

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



Dah Sing Financial Holdings Effective Interest Rate on Debt % Calculation

Dah Sing 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  *  -6648.658/( (4.341+6404.237)/ 2 )
=-1  *  -6648.658/3204.289
=207.49 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6404.237 + 0
=6404.237

Dah Sing 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: Jun. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -7273.894/( (4304.882+6404.237)/ 2 )
=-1  *  -7273.894/5354.5595
=135.84 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4304.882 + 0
=4304.882

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6404.237 + 0
=6404.237

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


Dah Sing Financial Holdings  (HKSE:00440) Effective Interest Rate on Debt % Explanation

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


Dah Sing Financial Holdings Effective Interest Rate on Debt % Related Terms

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Dah Sing Financial Holdings (HKSE:00440) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 26th Floor, Dah Sing Financial Centre, Hong Kong, HKG
Dah Sing Financial Holdings Ltd is an investment holding company. It operates in six segments: Personal banking, Commercial banking, Treasury activities, Overseas banking, Insurance business, and Others. The Personal Banking segment deals in deposits from individual customers, the extension of residential mortgage lending, personal loans, insurance, and investment services. The commercial banking segment provides similar services to institutional customers and organizations. The Treasury segment provides foreign exchange services and centralized cash management for deposit-taking & lending, interest rate risk management, management of investment in securities, and the overall funding. Overseas banking businesses include personal banking, commercial banking business activities.

Dah Sing Financial Holdings (HKSE:00440) Headlines

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