Kerry Logistics Network (HKSE:00636) Effective Interest Rate on Debt % : 5.45% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Kerry Logistics Network 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. Kerry Logistics Network's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$602 Mil. Kerry Logistics Network's average total debt for the quarter that ended in Dec. 2023 was HK$11,051 Mil. Therefore, Kerry Logistics Network's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.45%.

Kerry Logistics Network Effective Interest Rate on Debt % Historical Data

The historical data trend for Kerry Logistics Network'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.

Kerry Logistics Network Effective Interest Rate on Debt % Chart

Kerry Logistics Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.26

1.95

2.11

3.39

5.10

Kerry Logistics Network 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															2.19	2.47	3.38	4.79	5.45

Competitive Comparison of Kerry Logistics Network's Effective Interest Rate on Debt %

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.

Kerry Logistics Network's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's Effective Interest Rate on Debt % falls into.

Kerry Logistics Network Effective Interest Rate on Debt % Calculation

Kerry Logistics Network'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 * -576.72	/	( (11762.031	+	10859.176)	/ 2 )
=	-1 * -576.72	/	11310.6035
=	5.10 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8248.825	+	3513.206
=	11762.031

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6606.863	+	4252.313
=	10859.176

Kerry Logistics Network'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 * -602.154	/	( (11243.441	+	10859.176)	/ 2 )
=	-1 * -602.154	/	11051.3085
=	5.45 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7042.882	+	4200.559
=	11243.441

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6606.863	+	4252.313
=	10859.176

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.

Kerry Logistics Network (HKSE:00636) Effective Interest Rate on Debt % Explanation

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

Kerry Logistics Network Effective Interest Rate on Debt % Related Terms

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

Kerry Logistics Network (HKSE:00636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kerry Logistics Network Ltd (HKSE:00636) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

KYL:Germany

Address

55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG

Website

https://www.kln.com

Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.

Executives

Wang Wei	2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Kerry Group Limited	2201 Interest of corporation controlled by you
Kerry Properties Limited	2101 Beneficial owner
Flourish Harmony Holdings Company Limited	2101 Beneficial owner

Kerry Logistics Network (HKSE:00636) Headlines

No Headlines