GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Summi (Group) Holdings Ltd (HKSE:00756) » Definitions » Effective Interest Rate on Debt %

Summi (Group) Holdings (HKSE:00756) Effective Interest Rate on Debt % : 5.46% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Summi (Group) 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. Summi (Group) Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was HK$18.66 Mil. Summi (Group) Holdings's average total debt for the quarter that ended in Dec. 2023 was HK$341.94 Mil. Therefore, Summi (Group) Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.46%.


Summi (Group) Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Summi (Group) 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.

Summi (Group) Holdings Effective Interest Rate on Debt % Chart

Summi (Group) Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.50 7.40 8.36 7.92 8.69

Summi (Group) 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 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 7.07 8.32 3.47 14.92 5.46

Competitive Comparison of Summi (Group) Holdings's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, Summi (Group) 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.


Summi (Group) Holdings's Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Summi (Group) Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Summi (Group) Holdings Effective Interest Rate on Debt % Calculation

Summi (Group) Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -31.78/( (352.903+378.096)/ 2 )
=-1  *  -31.78/365.4995
=8.69 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=68.52 + 284.383
=352.903

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=51.228 + 326.868
=378.096

Summi (Group) 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  *  -18.656/( (378.096+305.78)/ 2 )
=-1  *  -18.656/341.938
=5.46 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=51.228 + 326.868
=378.096

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.912 + 260.868
=305.78

* 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.


Summi (Group) Holdings  (HKSE:00756) Effective Interest Rate on Debt % Explanation

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


Summi (Group) Holdings Effective Interest Rate on Debt % Related Terms

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


Summi (Group) Holdings (HKSE:00756) Business Description

Traded in Other Exchanges
N/A
Address
838 Lai Chi Kok Road, Room 702, 7th Floor, Laford Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Summi (Group) Holdings Ltd operates in the beverages business. The company and its subsidiaries are principally engaged in the sale of frozen concentrated orange juice and other related products; and production and sale of freshly squeezed orange juice. The products of the group are offered under Summi brand name. It operates in two segments: Production and Sale of FCOJ and Other Related Products Business and Production and Sale of Summi Fresh Orange Juice and Other Products Busines. The company generates maximum revenue from production and Sale of Summi Fresh Orange Juice and Other Products Business segment. Geographically the company operates in South East Asia, Mainland China and Hong Kong.
Executives
Rui Er Holdings Company Limited 2101 Beneficial owner
Wu Shaohao 2201 Interest of corporation controlled by you
Yang Xijuan 2202 Interest of your spouse
Hu Mingyue 2101 Beneficial owner
Hong Man Na 2202 Interest of your spouse

Summi (Group) Holdings (HKSE:00756) Headlines

No Headlines