Jardine Matheson Holdings (Jardine Matheson Holdings) Effective Interest Rate on Debt % : 3.70% (As of Dec. 2023)

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What is Jardine Matheson 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. Jardine Matheson Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $736 Mil. Jardine Matheson Holdings's average total debt for the quarter that ended in Dec. 2023 was $19,884 Mil. Therefore, Jardine Matheson Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.70%.

Jardine Matheson Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Jardine Matheson 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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Jardine Matheson Holdings Effective Interest Rate on Debt % Chart

Jardine Matheson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.41

2.81

2.62

2.73

3.56

Jardine Matheson 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															2.19	2.89	2.57	3.55	3.70

Competitive Comparison of Jardine Matheson Holdings's Effective Interest Rate on Debt %

For the Conglomerates subindustry, Jardine Matheson 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.

Jardine Matheson Holdings's Effective Interest Rate on Debt % Distribution in the Conglomerates Industry

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

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

Jardine Matheson Holdings Effective Interest Rate on Debt % Calculation

Jardine Matheson 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 * -717	/	( (19959	+	20366)	/ 2 )
=	-1 * -717	/	20162.5
=	3.56 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	15024	+	4935
=	19959

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14099	+	6267
=	20366

Jardine Matheson 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 * -736	/	( (19401	+	20366)	/ 2 )
=	-1 * -736	/	19883.5
=	3.70 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13547	+	5854
=	19401

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14099	+	6267
=	20366

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.

Jardine Matheson Holdings (OTCPK:JARLF) Effective Interest Rate on Debt % Explanation

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

Jardine Matheson Holdings Effective Interest Rate on Debt % Related Terms

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Jardine Matheson Holdings (Jardine Matheson Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Matheson Holdings Ltd (OTCPK:JARLF) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

JMHLY:USA J36:Singapore H4W:Germany H4W:Germany

Address

33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12

Website

https://www.jardines.com

Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.