Ajisen (China) Holdings (HKSE:00538) Effective Interest Rate on Debt % : 4.44% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Ajisen (China) 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. Ajisen (China) Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$21 Mil. Ajisen (China) Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$473 Mil. Therefore, Ajisen (China) Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.44%.

Ajisen (China) Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Ajisen (China) 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.

Ajisen (China) Holdings Effective Interest Rate on Debt % Chart

Ajisen (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

6.54

4.47

4.06

4.16

4.02

Ajisen (China) 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															3.91	3.76	4.53	4.07	4.44

Competitive Comparison of Ajisen (China) Holdings's Effective Interest Rate on Debt %

For the Restaurants subindustry, Ajisen (China) 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.

Ajisen (China) Holdings's Effective Interest Rate on Debt % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ajisen (China) Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ajisen (China) Holdings's Effective Interest Rate on Debt % falls into.

Ajisen (China) Holdings Effective Interest Rate on Debt % Calculation

Ajisen (China) 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 * -20.976	/	( (561.856	+	481.032)	/ 2 )
=	-1 * -20.976	/	521.444
=	4.02 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	291.305	+	270.551
=	561.856

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	291.285	+	189.747
=	481.032

Ajisen (China) 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 * -21.018	/	( (465.836	+	481.032)	/ 2 )
=	-1 * -21.018	/	473.434
=	4.44 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	265.737	+	200.099
=	465.836

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	291.285	+	189.747
=	481.032

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.

Ajisen (China) Holdings (HKSE:00538) Effective Interest Rate on Debt % Explanation

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

Ajisen (China) Holdings Effective Interest Rate on Debt % Related Terms

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

Ajisen (China) Holdings (HKSE:00538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ajisen (China) Holdings Ltd (HKSE:00538) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

AJN:Germany

Address

24-26 Sze Shan Street, 6th Floor, Ajisen Group Tower, Block B, Yau Tong, Kowloon, Hong Kong, HKG

Website

https://www.ajisen.com.hk

Ajisen (China) Holdings Ltd is a Fast casual restaurant chain operator selling Japanese ramen and Japanese-style dishes in Hong Kong and the PRC. The company has three operating segments; The operation of Restaurants segment includes the operation of restaurants in Mainland China and Hong Kong, the Manufacture and sales of noodles and related products segment includes the manufacture and sales of noodles and related products in Mainland China and Hong Kong, and Investment holding segment includes investments in property interests, investments in financial instruments and interests in associates and a joint venture. It derives a majority of its revenue from China.

Executives

Invesco Hong Kong Limited	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Hsbc International Trustee Limited	2301 Trustee
Poon Wai	2101 Beneficial owner

Ajisen (China) Holdings (HKSE:00538) Headlines

No Headlines