Yuan Heng Gas Holdings (HKSE:00332) Effective Interest Rate on Debt % : 6.48% (As of Sep. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Yuan Heng Gas 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. Yuan Heng Gas Holdings's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was HK$91 Mil. Yuan Heng Gas Holdings's average total debt for the quarter that ended in Sep. 2023 was HK$1,400 Mil. Therefore, Yuan Heng Gas Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 6.48%.

Yuan Heng Gas Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Yuan Heng Gas 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.

* Premium members only.

Yuan Heng Gas Holdings Effective Interest Rate on Debt % Chart

Yuan Heng Gas Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

8.59

6.64

7.26

6.76

6.03

Yuan Heng Gas Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.01	6.78	6.09	6.52	6.48

Competitive Comparison of Yuan Heng Gas Holdings's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Yuan Heng Gas 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.

Yuan Heng Gas Holdings's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yuan Heng Gas Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Yuan Heng Gas Holdings's Effective Interest Rate on Debt % falls into.

Yuan Heng Gas Holdings Effective Interest Rate on Debt % Calculation

Yuan Heng Gas Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Mar. 2022 )	+	Total Debt (A: Mar. 2023 ))	/ count )
=	-1 * -85.545	/	( (1383.29	+	1455.284)	/ 2 )
=	-1 * -85.545	/	1419.287
=	6.03 %

where

	Total Debt (A: Mar. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	71.639	+	1311.651
=	1383.29

	Total Debt (A: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	168.231	+	1287.053
=	1455.284

Yuan Heng Gas Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2023 )	+	Total Debt (Q: Sep. 2023 ))	/ count )
=	-1 * -90.698	/	( (1455.284	+	1345.169)	/ 2 )
=	-1 * -90.698	/	1400.2265
=	6.48 %

where

	Total Debt (Q: Mar. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	168.231	+	1287.053
=	1455.284

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.276	+	1344.893
=	1345.169

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

Yuan Heng Gas Holdings (HKSE:00332) Effective Interest Rate on Debt % Explanation

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

Yuan Heng Gas Holdings Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Yuan Heng Gas Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Yuan Heng Gas Holdings (HKSE:00332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Yuan Heng Gas Holdings Ltd (HKSE:00332) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Room 4102, 41st Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.yuanhenggas.com

Yuan Heng Gas Holdings Ltd is an investment holding company. The company's operating segment includes production and sales of LNG, oil and gas transactions, and piped gas. The majority of the revenue is generated from oil and gas transactions. Its geographical segments include the People's Republic of China(PRC), Hong Kong, and Singapore, of which the majority of the revenue comes from PRC.

Executives

Champion Ever Limited	2101 Beneficial owner
Cheng Xu	2202 Interest of your spouse
Wang Jianqing	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Fundfleet Investment Limited Partnership	2101 Beneficial owner
Galaxy King Limited	2101 Beneficial owner

Yuan Heng Gas Holdings (HKSE:00332) Headlines

No Headlines