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Green Leader Holdings Group (HKSE:00061) Effective Interest Rate on Debt % : 53.06% (As of Dec. 2023)


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What is Green Leader Holdings Group 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. Green Leader Holdings Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$386 Mil. Green Leader Holdings Group's average total debt for the quarter that ended in Dec. 2023 was HK$728 Mil. Therefore, Green Leader Holdings Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 53.06%.


Green Leader Holdings Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Green Leader Holdings 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.

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Green Leader Holdings Group Effective Interest Rate on Debt % Chart

Green Leader Holdings Group 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 59.14 51.81 33.11 126.12 53.66

Green Leader Holdings Group 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 23.06 64.53 187.84 53.82 53.06

Competitive Comparison of Green Leader Holdings Group's Effective Interest Rate on Debt %

For the Coking Coal subindustry, Green Leader Holdings 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.


Green Leader Holdings Group's Effective Interest Rate on Debt % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Green Leader Holdings Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Green Leader Holdings Group's Effective Interest Rate on Debt % falls into.



Green Leader Holdings Group Effective Interest Rate on Debt % Calculation

Green Leader Holdings Group'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  *  -387.929/( (719.714+726.27)/ 2 )
=-1  *  -387.929/722.992
=53.66 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.171 + 709.543
=719.714

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.986 + 710.284
=726.27

Green Leader Holdings Group'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  *  -386.066/( (728.802+726.27)/ 2 )
=-1  *  -386.066/727.536
=53.06 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.75 + 715.052
=728.802

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15.986 + 710.284
=726.27

* 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.


Green Leader Holdings Group  (HKSE:00061) Effective Interest Rate on Debt % Explanation

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


Green Leader Holdings Group Effective Interest Rate on Debt % Related Terms

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Green Leader Holdings Group (HKSE:00061) Business Description

Traded in Other Exchanges
N/A
Address
88-98 Des Voeux Road Central, Unit A, 12th Floor, Central 88, Hong Kong, HKG
Green Leader Holdings Group Ltd is an investment holding company. The company operates through four segments. The Mining Operation segment is engaged in geological survey, exploration, and development of coal deposits, as well as selling of coking coal. The Systems Integration Services and Software Solutions segment is engaged in the provision of information technology (IT) products, systems integration services, technology services, software development, and software solution services. The Cassava Starch Operation segment engages in the provision of cultivation and processing of cassava starch for sale. The Coal Operation segment is engaged in the provision of coal trading and logistics services. Geographically, it derives a majority of its revenue from China.
Executives
Hao Ting
Best Growth Enterprises Limited
China Oepc Limited
Zhang Sanhuo
China Huarong (macau) International Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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