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Allied Group (HKSE:00373) Effective Interest Rate on Debt % : 3.58% (As of Dec. 2023)


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What is Allied 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. Allied Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$872 Mil. Allied Group's average total debt for the quarter that ended in Dec. 2023 was HK$24,382 Mil. Therefore, Allied Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.58%.

Allied Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Allied 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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Allied Group Effective Interest Rate on Debt % Chart

Allied 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 2.78 2.88 2.30 3.13 3.34

Allied 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 2.58 2.90 3.04 3.19 3.58

Competitive Comparison of Allied Group's Effective Interest Rate on Debt %

For the Credit Services subindustry, Allied 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.

Allied Group's Effective Interest Rate on Debt % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Allied Group's Effective Interest Rate on Debt % distribution charts can be found below:

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


Allied Group Effective Interest Rate on Debt % Calculation

Allied 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  *  -822.8/( (24551.4+24763.9)/ 2 )
=-1  *  -822.8/24657.65
=3.34 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24551.4 + 0
=24551.4

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24763.9 + 0
=24763.9

Allied 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  *  -872.4/( (24000.4+24763.9)/ 2 )
=-1  *  -872.4/24382.15
=3.58 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24000.4 + 0
=24000.4

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=24763.9 + 0
=24763.9

* 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.

Allied Group  (HKSE:00373) Effective Interest Rate on Debt % Explanation

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

Allied Group Effective Interest Rate on Debt % Related Terms

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Allied Group (HKSE:00373) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Allied Group Ltd (HKSE:00373) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
HKSE:00086 HKSE:02858 HKSE:06069 HKSE:01905 HKSE:00900 HKSE:02473 HKSE:02666 HKSE:03903 HKSE:02003 HKSE:01543 V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 BOM:532810
Traded in Other Exchanges
N/A
Address
138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Website
http://www.alliedgroup.com.hk
Allied Group Ltd is a Hong Kong-based investment holding company. The segments in which the company operates are investment and finance which includes investment and provision of mortgage loan and term loan financing. 2) Consumer finance segment includes the provision of consumer, SME and other financing. 3) Property development includes the business of development of properties. 4) Property investment includes property rental and hotel operations managed by third parties. 5) Property management includes the provision of property management, cleaning and security guarding services. 6) Elderly care services include the provision of elderly care services. 7) Corporate and other operations include corporate revenue and expenses, other operations and results of unallocated operations.
Executives
Lee Seng Hui
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Lee Seng Huang
Lee Su Hwei
China Spirit Limited 2201 Interest of corporation controlled by you
Vigor Online Offshore Limited 2101 Beneficial owner
Chong Sok Un 2201 Interest of corporation controlled by you

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