Chowngng Holdings International (HKSE:00116) Effective Interest Rate on Debt % : 2.40% (As of Dec. 2023)

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What is Chowngng Holdings International 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. Chowngng Holdings International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$134 Mil. Chowngng Holdings International's average total debt for the quarter that ended in Dec. 2023 was HK$5,586 Mil. Therefore, Chowngng Holdings International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.40%.

Chowngng Holdings International Effective Interest Rate on Debt % Historical Data

The historical data trend for Chowngng Holdings International'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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Chowngng Holdings International Effective Interest Rate on Debt % Chart

Chowngng Holdings International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.01

2.15

1.68

2.31

Chowngng Holdings International 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															1.68	1.59	1.96	2.25	2.40

Competitive Comparison of Chowngng Holdings International's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Chowngng Holdings International'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.

Chowngng Holdings International's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chowngng Holdings International's Effective Interest Rate on Debt % distribution charts can be found below:

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

Chowngng Holdings International Effective Interest Rate on Debt % Calculation

Chowngng Holdings International'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 * -129.899	/	( (5623.011	+	5624.788)	/ 2 )
=	-1 * -129.899	/	5623.8995
=	2.31 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1057.505	+	4565.506
=	5623.011

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	970.952	+	4653.836
=	5624.788

Chowngng Holdings International'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 * -133.934	/	( (5547.003	+	5624.788)	/ 2 )
=	-1 * -133.934	/	5585.8955
=	2.40 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1211.053	+	4335.95
=	5547.003

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	970.952	+	4653.836
=	5624.788

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.

Chowngng Holdings International (HKSE:00116) Effective Interest Rate on Debt % Explanation

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

Chowngng Holdings International Effective Interest Rate on Debt % Related Terms

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Chowngng Holdings International (HKSE:00116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chow Sang Sang Holdings International Ltd (HKSE:00116) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

CJW1:Germany

Address

229 Nathan Road, 4th Floor, Chow Sang Sang Building, Kowloon, Hong Kong, HKG

Website

https://www.chowsangsang.com

Chow Sang Sang Holdings International Ltd is an investment holding company. The company's businesses include the manufacture and retail of jewelry, the distribution of watches, the wholesale of precious metals, and e-commerce platform operation. The manufacture and retail of the Jewellery segment produce jewelry products for the group's retail business and operate retail stores mainly in Hong Kong, Macau, Mainland China, and Taiwan. The group derives the majority of its revenue from the Retail of jewelry and watches segment.

Executives

Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Speed Star Holdings Limited	2101 Beneficial owner
Chow King Sing, Gerald	2201 Interest of corporation controlled by you
Chow Wun Sing, Winston	2307 Founder of a discretionary trust who can infl
Lok Mi Ling, Melane	2202 Interest of your spouse
Ho Ann Ping, Lily	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Schroders Plc	2102 Investment manager
Cititrust Private Trust (cayman) Limited	2301 Trustee

Chowngng Holdings International (HKSE:00116) Headlines

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